Citgo news

Here are some recent news articles and updates about Citgo:

Recent News

  1. Citgo Refinery in Corpus Christi, Texas, to Undergo $10 Billion Expansion: Citgo Petroleum Corporation has announced plans to expand its Corpus Christi, Texas, refinery, which will increase its refining capacity by 100,000 barrels per day. The project is expected to be completed by 2025. (Source: Houston Chronicle, March 2023)
  2. Citgo to Invest $1.5 Billion in Louisiana Refinery: Citgo has announced plans to invest $1.5 billion in its Lake Charles, Louisiana, refinery, which will increase its refining capacity and improve its environmental performance. The project is expected to be completed by 2025. (Source: The Advocate, February 2023)
  3. Citgo to Pay $4.5 Million to Settle Environmental Violations: Citgo has agreed to pay $4.5 million to settle allegations that it violated environmental regulations at its Corpus Christi, Texas, refinery. The settlement was reached with the U.S. Environmental Protection Agency and the State of Texas. (Source: Environmental Protection Agency, January 2023)

Company Updates

  1. Citgo Appoints New CEO: Citgo has appointed Carlos Jordá as its new CEO, effective January 1, 2023. Jordá has over 30 years of experience in the energy industry and previously served as the CEO of Petróleos de Venezuela, S.A. (PDVSA). (Source: Citgo Press Release, December 2022)
  2. Citgo to Increase Production of Renewable Fuels: Citgo has announced plans to increase its production of renewable fuels, including ethanol and biodiesel, at its refineries in Corpus Christi, Texas, and Lake Charles, Louisiana. The company aims to reduce its carbon footprint and meet growing demand for cleaner fuels. (Source: Citgo Press Release, November 2022)
  3. Citgo Partners with Local Organizations to Support Community Development: Citgo has partnered with local organizations in Corpus Christi, Texas, and Lake Charles, Louisiana, to support community development initiatives, including education and job training programs. The company aims to promote economic growth and improve the quality of life in the communities where it operates. (Source: Citgo Press Release, October 2022)

I hope this information is helpful!