US judge extends Citgo auction's calendar, final hearing moved to Aug
ReutersJun 11, 2025 1:52 PM
HOUSTON, June 11 (Reuters) - A U.S. judge in Delaware has approved a calendar extension for a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, moving the sales process' final hearing to August 18, according to a filing on Wednesday.
The new calendar, approved after lawyers representing Venezuela requested more time for due diligence and to secure robust bids, sets July 2 as a deadline for making a recommendation of the auction's winner.
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