6 articles
The first cargo of Venezuelan crude under a US-NABEP agreement arrived in Texas for sale to Exxon Mobil and Citgo. President Trump hailed the shipment as a gift, marking a significant geopolitical shi
President Trump addressed high gasoline prices at a Texas rally, attributing costs to the Iran conflict while promising relief from captured Venezuelan crude destined for local refineries like Citgo a
CITGO has officially approved a $310 million project at its Lake Charles refinery to boost naphtha processing and gasoline blending components by 2029, enhancing fuel supply security.
Venezuelan lawyers urge a U.S. court to halt Citgo's $5.9 billion sale to Elliott Investment Management, claiming rising oil prices have significantly increased the refiner's value since the auction b
Venezuela-owned refiner Citgo reported a $157 million Q1 profit driven by record crude runs and 99% utilization, marking its first Venezuelan crude purchases since 2019. Full-year EBITDA is projected
Amber Energy CEO Greg Goff pledged an $11 billion investment plan for Citgo Petroleum, targeting capacity expansions across multiple refineries, pending regulatory approval of the acquisition from Ven
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