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Citgo


 

Citgo Petroleum Corporation or Citgo is a United States oil refiner and marketer of gasoline, lubricants, petrochemicals and other petroleum products. The Citgo (spelled "CITGO" in company literature) gasoline brand was inaugurated in 1965 by the Cities Service Company, an energy company that first rose to prominence in the early 1900s. The Cities Service Company and its Citgo brand were acquired by Southland Corporation, owners of the 7-Eleven convenience store, in 1983; 50% was sold to Petróleos de Venezuela, the national oil company of Venezuela, in 1986, and the remainder in 1990. As of 2004, it is headquartered in Houston, Texas, with over 4,000 employees and annual revenue in excess of $32 billion. Citgo also supplies 14,000 independent retailers. The company was headquartered in Tulsa, Oklahoma before its headquarters moved to Houston.

Related Topics:
United States - Oil - Gasoline - Petrochemicals - 1965 - 1900s - Southland Corporation - 7-Eleven - Convenience store - 1983 - Petróleos de Venezuela - Venezuela - 1986 - 1990 - 2004 - Houston, Texas - Retailers - Tulsa, Oklahoma

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A number of 7-Eleven stores in the U.S. are licensed to sell motor fuel and lubricants under the Citgo brand.

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