Press Releases

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...

HOUSTON, August 1, 2019 – CITGO Petroleum Corporation (CITGO) is proud to announce a new promotional and philanthropic partnership with the Michigan Athletics (U of M) and Michigan State...

The Simón Bolívar Foundation, the 501(c)(3) non-profit, private foundation of CITGO Petroleum Corporation, held an educational and networking event last night for the Houston community regarding...

CITGO Holding, Inc. (the "Company") today announced that it has priced $1.370 billion aggregate principal amount of 9.25% senior secured notes due 2024 in a private offering exempt from the...

LEMONT, Ill. – July 23, 2019-- On June 25, CITGO Petroleum Corporation’s Lemont Refinery held its 23rd annual Driving for a Cure Golf Outing. Teeing off at the Cog Hill Golf and Country Club...