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Exclusive-Elliott weighs Citgo bid as creditor group eyes Conoco for own offer - Vimarsana News

Exclusive-Elliott weighs Citgo bid as creditor group eyes Conoco for own offer

By Ron Bousso, David French and Marianna Parraga LONDON/HOUSTON (Reuters) - Hedge fund Elliott Investment Management is weighing a bid for shares in ...

Exclusive-Elliott weighs Citgo bid as creditor group eyes Conoco for own offer - Vimarsana News

Exclusive-Elliott weighs Citgo bid as creditor group eyes Conoco for own offer

Hedge fund Elliott Investment Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a U.S. court-ordered auction, while a group of creditors represented by Centerview Partners aims to lure ConocoPhillips to join another offer, five people close to the matter said. Investment banker Centerview has been retained to craft a potential bid on behalf of investors and creditors pursuing Venezuela's foreign assets in federal court in Delaware to recoup claims for expropriations and debt defaults, three of the people said. The Centerview group wants oil produ...

Source: yahoo.com
Venezuelan Probe Unveils Crypto Money Laundering Scheme Linked to Oil Sale Embezzlement; Kraken Involved - Vimarsana News

Venezuelan Probe Unveils Crypto Money Laundering Scheme Linked to Oil Sale Embezzlement; Kraken Involved

The Venezuelan Attorney General, Tarek William Saab, unveiled the second wave of detentions linked to a crypto money laundering scheme derived from…

Source: biztoc.com
Secret Meeting Between Venezuela and the U.S. as Oil Sanctions Loom - Vimarsana News

Secret Meeting Between Venezuela and the U.S. as Oil Sanctions Loom

Officials from the United States and Venezuela met secretly this week to discuss the possibility of reforms in Venezuela before the expiry of oil sanction relief next week.

'Venezuelan people save democracy': 22 years since the anti-Chávez coup – People's World - Vimarsana News

'Venezuelan people save democracy': 22 years since the anti-Chávez coup – People's World

This article is part of the People’s World 100th Anniversary Series. On April 11, 2002, the capitalist class in Venezuela launched a coup against the democratically-elected President Hugo Chávez.