The suit alleges Citgo, indirectly owned by Venezuela's state-owned oil company PDVSA, tricked them into a business trip to ...

U.S. oil firm ConocoPhillips won a Trinidad & Tobago court order granting it the right to enforce a $1.3 billion claim ...

Alirio Jose Zambrano and Jose Luis Zambrano, who both live in the Katy suburb west of Houston, were among the six Citgo ...

A Trinidad and Tobago court order has granted ConocoPhillips (NYSE:COP) the right to enforce a $1.33B claim against Venezuela ...

The bribery scandal involving the Venezuelan oil company PDVSA continues to keep the local financial sector on edge. Now, ...

A Swiss unit of Polish refiner Orlen paid two Dubai-based intermediary companies $330 million for Venezuelan oil, but ...

Venezuela’s state-owned oil company is objecting to the bidding process for the court-ordered sale in July of a unit, PDV Holding, that owns the US-based refiner Citgo Petroleum. Lawyers for ...

All ships heading to Israeli ports will be targeted by Yemen's Iran-backed Houthis and not just in the Red Sea region, the… ...

PDVSA said a separate court fight has yet to determine the extent of claims by holders of the defaulted bond that matured in 2020. The special master’s process assumes that those holders will ...

A judge cleared the way for final offers for Citgo Petroleum Corp.’s US parent, denying objections from Venezuela’s state-owned oil company to the bidding process for the oil refiner’s court ...

PDVSA has had to resort to middlemen to market its oil and this has created complications with payments. The reviews will be taking place under the new head of the Venezuelan oil giant.

A Swiss banker has pleaded guilty to conspiring to violate the Foreign Corrupt Practices Act after twice winning dismissal of criminal charges only to have them revived by the Fifth Circuit on appeal.