HOUSTON—Refiner Citgo Petroleum Corp. on Thursday reported a record net profit of $2.8 billion for 2022 on strong motor fuel demand, high margins, and refining output that exceeded its plants’ listed capacity. Rebounding from a loss of $160 million in 2021 and two straight years of losses, the results for last year also exceeded the…
Refiner Citgo Petroleum Posts Record $2.8 Billion Profit for 2022
March 9, 2023
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US Blacklists 2 Venezuelan Officials Over Imprisonment of Former Citgo Executives
WASHINGTON—The United States on Wednesday imposed sanctions on a Venezuelan judge and a prosecutor over their roles in the trial of six former executives of U.S. refiner Citgo sentenced to prison by a Venezuelan court last month. The U.S. Treasury Department in a statement said it blacklisted the Supreme Court judge who presided over the…
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