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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.

08/01/2019 CITGO Partners with Michigan Athletics and Michigan State Athletics to Fuel Rivalry Season

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...

Categories: CITGO Fuels, Houston
07/25/2019 CITGO Private Foundation Holds Symposium on Venezuelan Health Crisis

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...

Categories: Simon Bolivar Foundation
07/24/2019 CITGO Holding Announces Pricing of $1.370 Billion Senior Secured Notes Private Offering

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...

Categories: Financial, Houston, National
07/23/2019 CITGO Lemont Refinery Holds 23rd Annual Driving for a Cure Golf Outing for the MDA

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...

Categories: Lemont
07/19/2019 Private Foundation of CITGO Receives License Extension from U.S. Government

Simon Bolivar Foundation Inc., the 501(c)(3) non-profit, private foundation of CITGO Petroleum Corporation, today received a one-year license extension from the U.S. Government to continue supporting its existing patients.  The license extension expires on July 31, 2020. The Foundation was affected by the sanctions applied to Venezuela and Petróleos de Venezuela, S.A., on Jan. 28, 2019 and has since been operating under a license which was set to expire on July 27, 2019.

Categories: Simon Bolivar Foundation
07/18/2019 CITGO Holding Announces Proposed Private Offering of $1.370 Billion of Senior Secured Notes

CITGO Holding, Inc. (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 "Securities...

Categories: Financial, Houston, National
07/17/2019 Fitch Ratings Upgrades Ratings of CITGO Holding, Inc.

Fitch Ratings - Chicago - 16 July 2019: Fitch Ratings has upgraded the long-term IDR of CITGO Holding, Inc. (Holdco) to 'CCC+' from 'CCC', upgraded the ratings of all senior secured debt at Holdco...

Categories: Financial, Houston, National
07/16/2019 CITGO Holding Announces Proposed Refinancing Transactions

CITGO Holding, Inc. (the "Company") today announced that it intends to complete a refinancing of its existing senior secured notes (the "Proposed Refinancing Transactions"), subject to market and...

Categories: Financial, Houston, National
06/26/2019 CITGO Responds to Lawsuit Challenging Board Appointments

A case challenging the appointments of the CITGO Petroleum Corporation Board of Directors was recently filed in a Delaware court. CITGO responded that the complaint is a frivolous effort to use the courts to litigate the foreign policy judgments of the President of the United States, and we are confident that the relief it requests will be denied.

Categories: Houston
06/21/2019 2019 CITGO Etchells World Championship Regatta Attracts Champion Sailors from Around the World

More than a hundred sailors representing at least ten countries will compete in Corpus Christi for the 2019 CITGO Etchells World Championship Regatta beginning June 24. CITGO is Presenting Sponsor...

Categories: Corpus Christi
Company Profile

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

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