The Supreme Court agreed Monday to decide whether three Citgo-affiliated companies must pay most of the $100 million-plus bill for cleaning up a 2004 oil spill in the Delaware River. (CN) – The ...

A U.S. bankruptcy judge has reopened bidding for the parent company of Venezuela-owned oil refiner Citgo Petroleum in an effort to secure a higher price tag as creditors scramble to collect from ...

A pair of Exxon oil projects were expropriated in 2007, and the company is seeking to have US$984mil in claims recognised. Citgo processes more than 800,000 barrels of oil a day and is the seventh ...