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Citgo Petroleum Corp.

About

Citgo Petroleum Corp., an extension of state-owned Petroleos de Venezuela (PDVSA), is a refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other petroleum-based industrial products.
Citgo owns and operates three highly sophisticated crude refineries located in Lake Charles, Louisiana (463,000 bbl/d), Lemont, Illinois, (177,000 bbl/d) and Corpus Christi, Texas (167,000 bbl/d). Citgo wholly and/or jointly owns 38 active terminals--one of the largest networks in the country--six pipelines and three lubricant blending and packaging plants.

Headquarters Address

Houston, TX
United States

News

Oil Companies in Texas Restoring Operations Following Hurricane Beryl

Beryl's impact on oil and gas production is expected to be minor.

Oil, Gas Industry Braces for Storm After Beryl Shifts Toward Houston

Chevron and Shell have evacuated offshore platforms as Tropical Storm Beryl could grow into a Category 2 hurricane when it makes landfall in the Houston area on July 8.

Court Weighs Postponing Citgo Auction Bid Hearing to September

A U.S. court has been asked to postpone a hearing to present the high bid in an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum.

ConocoPhillips Looks to Scale Portfolio, But Citgo Auction Not a Factor

ConocoPhillips has a long-term ambition to boost its LNG offtake capacity to between 10 mtpa to 15 mtpa as it keeps a short-term eye on the auction of Citgo Petroleum.

US Says it Will Not Renew Easing of Venezuela Oil Sanctions Unless Progress Made on Elections

The Biden administration holds out little hope that Maduro will make enough concessions before the April 18 deadline to satisfy U.S. demands.