The Latest Breaking News from Citgo

DETROIT — A Detroit police officer Monday shot a heavily-armed man who was leveling a gun at him while holed up in a west-side gas station, the city's police chief said.

Venezuela owes $20.7 million to U.S. law firms handling litigation against creditors seeking to collect unpaid debts from bond defaults and nationalizations carried out more than 15 years ago, according to a document seen by Reuters.

Venezuela's opposition national assembly on Thursday appointed three exiled lawmakers to direct it and create a commission to control foreign assets, including oil refiner Citgo Petroleum.

Opposition lawmakers in Venezuela seeking the removal of Juan Guaido as the country's interim president said on Thursday that foreign assets will not pass to the government of President Nicolas Maduro if Guaido is removed from his post.

A majority bloc of the Venezuelan opposition is preparing to dissolve the so-called interim government of opposition leader Juan Guaidó, in a controversial move described as a logical step by some, but that others see as an error that will end up benefiting the Nicolas Maduro regime.

Venezuela's political opposition to the ruling Socialists voted on Thursday by a wide margin to remove the interim government led by Juan Guaido, as they seek a united front ahead of presidential elections tentatively scheduled for 2024.

A group of opponents of Venezuelan President Nicolas Maduro is looking to strip Juan Guaidó of his authority as the internationally recognized head of the country's so-called interim government

Venezuelan opposition parties are seeking to block Juan Guaido's interim government from extending its mandate by another year and gain control of boards supervising Citgo Petroleum, the country's most important asset abroad, spokespeople from the main opposition parties said on Wednesday.

Venezuelan opposition parties are seeking to protect billions of dollars in UN administered humanitarian funds from foreign creditors by keeping the details of their release confidential, according to five people with knowledge of the efforts.

New filings in a civil suit allege that a former Miami congressman who signed a $50 million consulting contract with Venezuela’s socialist government not only did no apparent work, but also channeled a large chunk of the money to a yacht company on behalf of a fugitive billionaire

The teen exchanged gunfire with several occupants of a car at a Citgo parking lot in the 1000 block of Jackson Street on Sunday, police say.