CITGO Company Description
From the get-go CITGO Petroleum has been refining and marketing petroleum products, including jet fuel, diesel fuel, heating oils, and lubricants. It markets CITGO branded gasoline through about 8,000 independent retail outlets in the US, mainly east of the Rockies. CITGO Petroleum owns oil refineries in Illinois, Louisiana, and Texas. The company has refining capacity of 749,000 barrels per day and access to a total of more than 1.1 million barrels per day of refining capacity. Petroleum is the operating subsidiary of PDV America, itself a subsidiary of Venezuela's PDVSA.
View the Comprehensive Company Description for CITGO
The Company Description provides a historical perspective of CITGO's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of CITGO's evolution in the marketplace.
