News

A U.S. court officer has selected miner Gold Reserve's$7.38 billion bid as the preliminary winner of an auction of shares in ...
A sign at that location first became part of the Boston skyline in 1940, but at the time, it had a different logo. The original sign said "Cities Service," which was a brand name prior to the ...
With approximately 3,600 employees and a combined crude capacity of approximately 807,000 barrels-per-day, CITGO ranks as the fifth largest independent refiners in the United States.
Amber Energy’s $7.3 billion purchase of Citgo fell well short of analyst’s valuations. PDVSA Ad Hoc expects to appeal the decision soon in its battle to protect its claim on Citgo.
A firm backed by Elliott Investment Management was named on Friday as the leading contender to acquire Citgo Petroleum, the oil refining giant that has been the subject of a long legal battle over ...
This month, CITGO Petroleum Corp. achieved a substantial judicial award in a multi-year effort to expose a corrupt contracting conspiracy that defrauded CITGO and its parent companies through a ...
Tomeu Vadell, another Citgo 6 detainee imprisoned by the Venezuelan government in 2017 and released in 2022, sued Citgo last year, claiming the company was responsible for his five-year detention.
CITGO’s longtime partner Folk Oil Company owns the PS Food Mart there and 42 other retail stores in Michigan and Ohio. There’s also a Subway restaurant onsite.
Oil refiner Citgo Petroleum could face supervisory board shakeups leading to a review of its plans following Friday's vote by Venezuela's opposition-led National Assembly to dissolve an interim ...
Citgo also posted a $667 million loss in 2020, due to slack demand for fuel and higher costs. (Reporting by Mayela Armas in Caracas and Luc Cohen in New York Editing by Marguerita Choy) ...
"Citgo's utilization rate fell in 2021 due to the winter storm, but fortunately we are forecasting a return to maximum utilization in the second quarter," Jorda said in an online conference.