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Press Releases

Find information on a variety of topics including: financial performance; personnel announcements; business partner and community activities; and product news.

06/09/2020 CITGO Corporation Debt Refinancing Strengthens Balance Sheet, Adds Flexibility

CITGO Petroleum Corporation (the "Company") confirmed today it has completed its previously announced refinancing transaction to pay-off the Company's existing term loan B due 2021 (the "Term Loan...

Categories: Financial, Houston, National
06/08/2020 CITGO Increases Availability of CITGARD® at FleetPride Service Centers

FleetPride Service Centers are bringing the CITGO family of lubricants to new customers across North America, as CITGO is now the primary supplier of engine oil and other lubricants at all...

Categories: CITGO Lubricants
06/02/2020 CITGO Announces Pricing of Upsized $1.125 Billion Senior Secured Notes Private Offering

CITGO Petroleum Corporation (the "Company") today announced that it has priced $1.125 billion aggregate principal amount of 7.00% senior secured notes due 2025 in a private offering exempt from...

Categories: Financial, Houston, National
06/02/2020 CITGO Petroleum Announces Proposed Private Offering of $750 Million of Senior Secured Notes

CITGO Petroleum Corporation (the "Company") today announced that it has commenced a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the...

Categories: Financial, Houston, National
05/20/2020 CITGO Private Foundation Announces Almost $500,000 in COVID-19 Donations for Venezuela

The Simón Bolívar Foundation Inc. (Simón Bolívar Foundation), the non-profit, private foundation of CITGO Petroleum Corporation, is awarding up to $278,380 from its COVID-19 Small Grants...

Categories: National, Simon Bolivar Foundation
05/06/2020 CITGO Private Foundation announces more support for Venezuela

The Simón Bolívar Foundation Inc., the non-profit, private foundation of CITGO Petroleum Corporation, announced today two grants of its Emergency Relief Fund to two nonprofit organizations...

Categories: National, Simon Bolivar Foundation
04/29/2020 CITGO Private Foundation announces early applicants' grantees for COVID-19 program

The Simón Bolívar Foundation Inc. ( Simón Bolívar Foundation ), the non-profit, private foundation of CITGO Petroleum Corporation, is awarding up to $200,000 to five non-profit organizations...

Categories: National, Simon Bolivar Foundation
04/06/2020 CITGO Reports Results for FY 2019

The CITGO Petroleum Corporation Board of Directors recently reviewed the Company's 2019 annual financial results with the PDVSA Ad Hoc board. The Company's steady financial and operational...

Categories: Financial, Houston, National
04/02/2020 Olmeta Retires from CITGO Board of Directors

The CITGO Petroleum Corporation Board of Directors and the CITGO President and Chief Executive Officer Carlos Jordá, announced today that Angel Olmeta is retiring from the Board, effective Thursday, April 2, 2020.

Categories: Houston, Personnel
03/26/2020 CITGO Private Foundation to Award Special Grants Supporting COVID-19 Efforts in Venezuela

The Simón Bolívar Foundation Inc. (SBF), the non-profit, private foundation of CITGO Petroleum Corporation, is launching a special round of its small grants program to help alleviate the...

Categories: National, Simon Bolivar Foundation
Company Profile

CITGO is a refiner, transporter, and marketer of transportation fuels, lubricants, petrochemicals and other petroleum-based industrial products.

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