Amber Energy’s $7.3 billion purchase of Citgo fell well short of analyst’s valuations. PDVSA Ad Hoc expects to appeal the ...

Amber Energy has been selected as the court-approved bidder for Citgo. “The transaction is expected to close in mid-2025,” ...

Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' sluggish demand ...

HOUSTON (Reuters) -Creditors seeking proceeds from a U.S. court-ordered auction of shares in a parent of Citgo Petroleum to ...

OPEC+ is set to meet tomorrow, and the group will be under pressure to support oil prices which have been falling fairly ...

Goff, who joined Exxon's ( XOM) board in 2021 as part of a dissident slate of directors, was identified as CEO of ...

Across the nation, utilities are worried about expanding the overburdened power grid, citing high costs and concerns about commitment from data center projects. Oil futures finished higher on Friday ...

Elliott and other U.S. investors have agreed to pay nearly $7.3 billion to acquire Citgo’s parent company, with proceeds set ...

Company backed by activist investor Elliott Management selected by court-appointed special master to acquire iconic fuel ...

Gregory Goff, Exxon Mobil's board director, recently joined a newly-formed company backed by Elliott Investment Management that ...

Goff, who joined Exxon in 2021 as part of a dissident slate of directors, was on Friday identified as CEO of Amber Energy, an ...

SULPHUR, La., Sept. 26, 2024 /PRNewswire/ -- CITGO Lake Charles Refinery successfully completed a Worst-Case scenario drill, where more than 300 employees participated in emergency response training.