HOUSTON, June 21 (Reuters) – U.S. crude oil refining capacity has reversed two years of declines and climbed by more than 100,000 barrels, to 18.1 million barrels per day (bpd), according to a government report […]
Citgo Petroleum Corp., the U.S. oil refiner controlled by the Venezuelan opposition, ousted chairman Luis Giusti Lugo less than a year after appointing him. Giusti, a 24-year veteran of the oil industry, was dismissed Friday […]
Oil fell with global equities after a recent rally that has taken some commodities to record high levels brought on concerns over inflation. U.S. crude futures were down 1.2%. Gasoline and heating-oil markets were also weaker with the hacked […]
HOUSTON, Dec. 29, 2020 /PRNewswire/ — Marking a new chapter of heightened corporate transparency, responsibility and accountability, CITGO Petroleum Corporation today released its first-ever report detailing the company’s extensive environmental, social and governance (ESG) initiatives. Information contained […]
A Venezuelan judge has convicted six former Citgo executives of corruption, a move widely seen as a political challenge by President Nicolas Maduro to the incoming US administration of president-elect Joe Biden. Biden inherits the […]
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