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.
Mar 26, 2015
Bronx, N.Y. – Mar. 26, 2015 – CITGO Marketer Global Partners LP partnered with CITGO Petroleum Corporation and Miss New York 2014 Jillian Tapper to support 501(c)3 nonprofit youth...More
Mar 25, 2015
Local CITGO Marketer receives award at statewide distributor meeting
Sheboygan, Wis. - Mar. 25, 2015 - CITGO Petroleum Corporation recognizes Marketer Quality State Oil Company of Sheboygan, Wis., for 30 years of continuous, dedicated service to its...More
Mar 24, 2015
Local CITGO Marketer raises funds for Food Bank of South Central Michigan
Homer, Mich. – Mar. 24, 2015 – PS Food Mart and Folk Oil Company, a local CITGO Petroleum Corporation Marketer, surpassed its fundraising goal by more than $25,000 in its sixth annual...More
Mar 23, 2015
Event follows fundraiser benefitting four local charities
Houma, La. – March 23, 2015 – CITGO Petroleum Corporation and Cash Magic Truck Stops and Casinos held a grand opening celebration of the Cash Magic Prospect CITGO Truck Stop and Casino...More
Mar 5, 2015
McNeese University Students win CITGO & the Ocean Exploration Trust’s Nautilus Engineering Design Challenge
McNeese State University engineering students awarded opportunity to build their design for use aboard OET Exploration Vessel Nautilus
Lake Charles, La. – Mar. 5, 2015 – Five McNeese State University engineering students will have the opportunity to work with professional engineers from the Ocean Exploration Trust...More