The French energy company's announcement comes at a time when most European majors look likely to pull back on their lofty buyback pledges. Gasoline inventories also rose, while distillate fuel oil ...

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 ...

Creditors criticized the terms of a conditional offer in the auction of Citgo shares, driven by a bid that values the company at up to $7.286 billion. While the court looks to finalize the bid to ...

Creditors have criticized the terms of a conditional offer from Elliott Investment Management in the auction of shares in Citgo’s parent company. The bid values Citgo at $7.286 billion, but creditors ...

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 ...

Several hundred employees at Citgo Petroleum’s Houston headquarters can be sure of only one thing as an affiliate of a ...

A special master selected the company, which plans to focus on operational improvements, strategic growth efforts and more.

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

Exxon Mobil board director Gregory Goff has recently become a member of newly formed Elliott Investment Management-backed ...