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UPDATE 1-US court receives offers for Citgo's parent, credit bid submitted
US court receives offers for Citgo's parent, credit bid submitted. 18 creditors are seeking up to $21.3 billion for past expropriations and debt defaults. At least one credit bid was submitted to the court. The court accepted binding offers for shares in the parent of Venezuela-owned refiner Citgo Petroleum.
Reuters · 06/11 23:11
US court receives binding bids for Citgo's parent, sale approaches
US court receives binding bids for Citgo's parent, sale approaches. A U.S. Federal court is accepting binding offers for shares in the parent of Venezuela-owned refiner Citgo Petroleum. 18 creditors are seeking up to $21.3 billion for past expropriations and debt defaults. Citgo is the largest asset targeted by creditors.
Reuters · 06/11 11:00
FACTBOX-Venezuela creditors with top priority in Citgo share auction
Reuters · 06/10 11:00
Growing armada shipping sanctioned oil burns dirty fuel in a setback for clean-up efforts
Growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil burns dirty fuel. The global shipping industry is under increasing pressure to use cleaner fuel to reduce emissions. Hundreds of shadow fleet tankers are transporting sanctioned oil are posing a challenge to clean-up efforts. The shadow fleet can run on high sulphur fuel without checks and are hard to track.
Reuters · 05/29 05:00
UPDATE 2-Citgo Petroleum reports first quarter profit of $410 million
U.S. Oil refiner Citgo Petroleum reports first quarter profit of $410 million. Company says its throughput rose to 830,000 barrels per day, the third highest in its history. The company ended the quarter with $4.5 billion in cash and borrowing power. Citgo is in the midst of a Delaware court auction of shares in parent PDV Holding.
Reuters · 05/09 16:40
TIDEWATER INC <TDW.N>: EVERCORE ISI RAISES TARGET PRICE TO $122 FROM $89
Reuters · 05/06 06:31
Tidewater Inc reports results for the quarter ended in January - Earnings Summary
Tidewater Inc reports quarterly adjusted earnings of 89 cents per share for the quarter ended in January. Revenue rose 66.3% to $321.16 million from a year ago. The company reported quarterly income of $47.03 million. Tidewater Inc shares had risen by 2.1% this quarter.
Reuters · 05/03 20:48
Tidewater Inc. Q1 2024 Financial Results
Press release · 05/03 09:47
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