How many refineries does Citgo have?
THREE
CITGO OWNS AND OPERATES THREE HIGHLY COMPLEX CRUDE OIL REFINERIES: Founded as Cities Service in 1910 by Henry L. Doherty.
Who makes Citgo oil?
Petróleos de Venezuela, S.A.
Citgo
| Type | Private |
|---|---|
| Products | Fuels, lubricants and petrochemicals |
| Revenue | US$24.113 billion (2021) |
| Net income | US$246 million (2019) |
| Owner | Petróleos de Venezuela, S.A. |
What does Citgo oil stand for?
Citgo. Citgo Petroleum Corporation (or Citgo) is a United States-based refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products.
Does Citgo sell motor oil?
CITGOLubes – CITGO Premium Engine Oil & Lubricants: Guaranteed Efficiency.
Where does Valero get their oil?
Valero Energy Corporation is the leading independent oil refiner in the United States. The company owns and operates 15 refineries with a combined capacity of 2.5 million barrels per day. About 60 percent of this capacity is in the Gulf Coast region through refineries in Texas, Louisiana, and Aruba.
Where are the Citgo oil refineries in the US?
A Citgo refinery in Corpus Christi, Tex., on Jan. 25. (Erwin Seba/Reuters) For years, the embattled Venezuelan government has had a surprising economic lifeline: a company called Citgo that owns three oil refineries and oversees a nationwide network of pipeline and oil and gas stations in the United States. Support our journalism.
What kind of business does Citgo Petroleum do?
A Clear Direction Forward, represents a new chapter of heightened corporate transparency, responsibility and accountability. CITGO Petroleum is a refiner, transporter and marketer of motor fuels, lubricants, petrochemicals and other industrial products.
How does CITGO Oil Company relate to Venezuela?
Almost all of those assets belong to Citgo. The Houston-based company would still be allowed to operate under the new measures and receive Venezuelan crude, but funds that would previously have gone to PDVSA would go into a blocked account, according to Treasury Secretary Steven Mnuchin.
What are the sanctions on CITGO Oil Company?
The sanctions announced by the Trump administration Monday would freeze $7 billion in U.S.-based assets and block more than $11 billion in revenue from oil sales over the next year, White House national security adviser John Bolton told reporters. Almost all of those assets belong to Citgo.
Where can I get Citgo lubricants for my car?
Designed to allow fleets to try qualifying CITGO lubricants to demonstrate cost savings at no risk. Search for a CITGO Lubricants locations near you to find out where you can order our products. Loading…
A Citgo refinery in Corpus Christi, Tex., on Jan. 25. (Erwin Seba/Reuters) For years, the embattled Venezuelan government has had a surprising economic lifeline: a company called Citgo that owns three oil refineries and oversees a nationwide network of pipeline and oil and gas stations in the United States. Support our journalism.
What does Citgo Petroleum do for a living?
CITGO Petroleum is a refiner, transporter and marketer of motor fuels, lubricants, petrochemicals and other industrial products. We operate three state-of-the-art refineries in the Gulf Coast and Midwest, as well as lubricants blending plants across the country.
What kind of lubricant does Citgo Supergard use?
ILSAC GF-6 Motor Oils Hits the Market Soon… CITGO SuperGard Will Be Ready Our CITGO Lubricants are designed to help extend the life of your equipment and reduce downtime. State-of-the-art fluid condition monitoring service for preventative & predictive maintenance.