Press Releases

HOUSTON – Oct. 2, 2019 – The CITGO Lemont Refinery recently received the 2018 Product Stewardship Award from BNSF Railway Company (BNSF) for safely and successfully transporting an established...

HOUSTON- Sept. 30, 2019- Augmented reality brings the refining process to life in the newly launched CITGO Refinery Worx app introduced by CITGO Petroleum Corporation. While designed to teach kids...

Houston – September 12, 2019 – CITGO Lubricants announced the launch of Mystik JT-5 Synthetic Blend TFX, a tractor hydraulic fluid designed to maximize productivity and extend the life of today’

Standard & Poor's (S&P), a leading credit rating agency, has removed CITGO Holding, Inc. and CITGO Petroleum Corporation's outlook from credit watch and has placed them on a stable outlook. While...

HOUSTON, Aug. 26, 2019 – The Board of Directors of CITGO Petroleum Corporation is pleased to report significant progress on top company goals. Following its appointment in February 2019, the CITGO Board outlined three main objectives for the company: improving financial and operational stability; protecting assets; and enhancing corporate governance. After only six-months at the helm of the company, the Board recently confirmed details regarding the company’s progress in all three areas.

HOUSTON, August 21, 2019 – Today a Delaware court issued a Final Order and Judgment providing complete legal affirmation of the authority of the Guaidó government to appoint Boards of Directors of PDV Holding, Inc., CITGO Holding, Inc., and CITGO Petroleum Corporation through its authority to appoint the Directors of the PDVSA Ad hoc board (in Jiménez et al. v. Palacios et al.).

The Board of Directors of CITGO Petroleum Corporation has selected Carlos E. Jorda to occupy the Chief Executive Officer (CEO) position after a thorough and extensive search process that began...

HOUSTON – August 7, 2019 – CITGO Petroleum Corporation invites customers to enter for a chance to win a great American road trip this fall with its Ultimate Road Trip Sweepstakes, now through...

A Delaware court affirmed the authority of the Guaido Government to make appointments to the CITGO Petroleum Corporation Board of Directors (in Jiménez et al. v. Palacios et al.). CITGO responded that this decision is an important victory. The Court’s affirmation of the Guaido government’s authority to appoint the directors of CITGO, through its authority to appoint the directors of PDVSA, follows more than a century of precedent, as well as multiple U.S. courts that have recognized the Guaido government as the legitimate representative of the Venezuelan people.

CITGO Holding, Inc., parent company of CITGO Petroleum Corporation (CPC), confirmed today it has completed its previously announced refinancing transactions to redeem and pay-off $1.870 billion of...