CITGO Petroleum Corporation, a Delaware corporation with headquarters in Houston, refines, markets and transports gasoline, diesel fuel, jet fuel, lubricants, petrochemicals, and other petroleum-based industrial products. CITGO has 3,700 employees and is owned by PDV America, Inc., an indirect, wholly owned subsidiary of Petróleos de Venezuela, S.A. (PDVSA), the national oil company of the Bolivarian Republic of Venezuela.
CITGO owns and operates three highly complex crude oil refineries located in Lake Charles, La. (425,000 barrels-per-day [bpd]), Lemont, Ill., (167,000-bpd) and Corpus Christi, Texas, (157,000-bpd). These refineries process approximately 285,000 bpd of Venezuelan crudes, including supplies from Orinoco Oil Belt upgraders. CITGO’s combined aggregate crude oil refining capacity of 749,000-bpd positions it as one of the largest refiners in the nation. The company owns and/or operates 48 petroleum product terminals, one of the largest networks in the country.
In 2013, CITGO sold a total 14.8 billion gallons of refined products. The company markets motor fuels to independent marketers who consistently rate CITGO as one of the best branded supplier companies in the industry. CITGO branded marketers sell motor fuels through nearly 6,000 branded retail outlets.
CITGO markets jet fuel directly to airlines and produces a variety of agricultural, automotive, industrial and private label lubricants which are sold to independent distributors, mass marketers and industrial customers as well as other clients. In addition, the company sells petrochemicals and industrial products directly to various manufacturers and industrial companies throughout the United States.
Jul 21, 2014
Local CITGO Marketer Hosts Grand Opening Events to Celebrate New Stations
Local CITGO Marketer American Gas and Oil (AGO) and CITGO Petroleum Corporation are converting 19 locally owned gas stations across western Michigan to the CITGO brand. The conversion expands the...More
Jul 18, 2014
Local Georgia, Alabama and Tennessee CITGO Marketers Provide Customers with Six Flags Perks
CITGO Petroleum Corporation and its local CITGO Marketers in Georgia, Alabama and Tennessee are giving loyal customers discounts on park admission to Six Flags Over Georgia in Austell, Ga. during...More
Jul 17, 2014
CITGO Petroleum, Sherman V. Allen, Inc./Mac's Markets, Miss Vermont And Miss Empire Capital Region To Host Customer Appreciation Days
Local CITGO Marketer Gives Back to Loyal Customers
CITGO Petroleum Corporation and local CITGO Marketer Sherman V. Allen/Mac's Markets are giving back to their customers and communities by hosting five customer appreciation days at CITGO locations...More
Local CITGO Marketer Sponsors Team in Susan G. Komen Race for the Cure
Volunteers from local CITGO Marketer Bazco Oil Company raised more than $7,000 in support of breast cancer awareness and research in the 23rd Annual Susan G. Komen Race for the Cure in Detroit on...More
Jul 14, 2014
Eighty-four Educators to Receive $1,000 in School Supplies
Helping teachers and students succeed in the classroom is the foundation of the CITGO Fueling Education Promotion, a program that offers teachers, student teachers and PTA/PTO members a chance to...More