Citgo

CITGO Petroleum Corporation (or CITGO) or CITGO is an oil refining and marketing company for gasoline, lubricants and petrochemicals in the United States. The company has its American headquarters in the area of ​​the Energy Corridor of Houston, Texas.

It is one of the main companies of its kind in that country, being the largest subsidiary of the Venezuelan state company PDVSA outside Venezuelan territory. The CITGO brand was created in 1965 by Cities Service Company. Occidental Petroleum Corporation purchased Cities Service in 1982, and CITGO was incorporated as a subsidiary of refining, marketing and transportation in the spring of 1983. It was subsequently purchased by the Southland Corporation, which sold 50% to the Venezuelan state in 1986 and the other 50% in 1990. It has some 6,000 service stations with its brand, 3 refineries and some 48 storage and distribution terminals.