Gold Reserve's $7.38B bid for Citgo wins court support, with assurances that Houston-based jobs and operations will remain ...

Citgo Petroleum Corp (PDVSAC.UL) said a lightning strike started a fire at a storage tank at its 459,800-barrel-per-day Lake ...

Bondholders owed some $1.7 billion by Venezuela seek to derail Citgo’s latest bidder.

News from around the community includes items from Lemont, Elmwood Park, Franklin Park, Oak Park, River Forest, Elmhurst and ...

Around 1:18 p.m., lightning struck a tank at CITGO Lake Charles Refinery and ignited a fire, CITGO said in a statement.

A U.S. court officer has selected miner Gold Reserve's $7.38 billion bid as the preliminary winner of an auction of shares in ...

A gas station in a small town southwest of Chicago has sold a winning Lotto ticket worth a cool $1 million.The winning ticket ...

Holders of some defaulted Venezuelan bonds are seeking to block a bid to purchase Citgo Petroleum Corp.’s parent company, as they claim the transaction would strip them of their rights for payment.

Some Venezuelan creditors are objecting to the selection of Dalinar Energy's $7.38 billion bid as the winner of a court-ordered auction for control of Citgo Petroleum, according to court filings.

The bondholders' attorney went to pains to explain that he wasn't asking U.S. District Judge Katherine Polk Failla to interfere with the sale.

A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund offer.

A consortium led by energy and commodities company Vitol has placed a bid exceeding $10bn for Citgo Petroleum's parent ...