Citgo Petroleum Corporation Mergers and Acquisitions


Citgo Petroleum Corporation

6100 South Yale Avenue
Tulsa, OK 74136
United States
Tel:1/918/495-4000
URL: http://www.citgo.com
Industry:
Oil & Gas
Citgo Petroleum Corporation Company Snapshot

Citgo Petroleum Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Citgo Petroleum Corporation M&A History


Republic of Venezuela seeking buyer for minority stake in CITGO Petroleum Corp Republic of Venezuela seeking buyer for minority stake in CITGO Petroleum CorpMar 30, 2005

US - In march ####, Venezuelan-owned Petroleos de Venezuela SA announced that it was seeking a buyer for an undisclosed minority stake in its CITGO Petroleum Corp unit, a provider of petroleum refining services.

CITGO Petroleum Corp acquires Equatorial-Gas Stations(20) from Equatorial Petroleo CITGO Petroleum Corp acquires Equatorial-Gas Stations(20) from Equatorial PetroleoMay 15, 2002

CITGO Petroleum Corp, a unit of Petroleos de Venezuela SA (PDVSA), acquired ## gasoline stations from Equatorial Petroleo, an owner and operator of gasoline stations. Terms were not disclosed.

CITGO Petroleum Corp acquires Cato Oil and Grease Co from Anadarko Petroleum Corp CITGO Petroleum Corp acquires Cato Oil and Grease Co from Anadarko Petroleum CorpMay 02, 1995

CITGO Petroleum, a unit of Venezuelan state-owned Petroleos de Venezuela subsidiary Propernyn, acquired Cato Oil and Grease, a unit of Kerr-McGee. Terms were not disclosed.

CITGO Petroleum Corp acquires Lyondell Petrochemical-Houston from Lyondell Chemical Co CITGO Petroleum Corp acquires Lyondell Petrochemical-Houston from Lyondell Chemical CoJul 02, 1993

CITGO Petroleum, a unit of the Propernyn subsidiary of Venezuela's Petroleos de Venezuela, completed the formation of a joint venture with the Houston refinery of Lyondell Petrochemical in a transaction valued at $### mil. CITGO Petroleum retained Lehman Brothers

CITGO Petroleum Corp acquires Amoco Oil Co-East/South Asphal CITGO Petroleum Corp acquires Amoco Oil Co-East/South AsphalMay 03, 1993

CITGO Petroleum, a unit of the Venezuelan state-owned Petroleos de Venezuela subsidiary of Propernyn, acquired the East/South asphalt refining and marketing operations of Amoco Oil, a unit of Amoco. Terms were not disclosed. The transaction had been subject

CITGO Petroleum Corp acquires Mobil Pipe Line Co-Texas Prods from Exxon Mobil Corp CITGO Petroleum Corp acquires Mobil Pipe Line Co-Texas Prods from Exxon Mobil CorpJul 23, 1992

CITGO Petroleum, a unit of Petroleos de Venezuela's Propernyn, acquired the Texas products terminal of Mobil Pipe Line, a unit of Mobil, for $##.### mil.

Seeking Buyer is rumored to be privatized soon by CITGO Petroleum Corp from Republic of Venezuela Seeking Buyer is rumored to be privatized soon by  CITGO Petroleum Corp from Republic of VenezuelaJan 10, 1992

Rumors resurfaced that Venezuelan state-owned Petroleos de Venezuela intended to divest of ##% of its CITGO Petroleum unit in order to aid Government spending. Petroleos denied reports that it intended to dispose of the interest. A Venezuelan newspaper reported

CITGO Petroleum Corp acquires remaining interest in Seaview Oil Co CITGO Petroleum Corp acquires remaining interest in Seaview Oil CoMar 01, 1991

US - CITGO Petroleum Corp, a unit of Propernyn's Venezuela-state owned Petroleos de Venezuela's subsidiary, acquired the remaining ##% interest, which it did not already own, in Seaview Oil, a producer of refined petroleum products. Terms were not

CITGO Petroleum Corp acquires Seaview Petrol-Asphalt Bus from Seaview Petroleum Co CITGO Petroleum Corp acquires Seaview Petrol-Asphalt Bus from Seaview Petroleum CoNov 30, 1990

Citgo Petroleum, an indirect subsidiary of Venezuela-state owned Petroleos de Venezuela, formed a general partnership with Seaview Petroleum under which it acquired a ##% interest in Seaview's asphalt refining and marketing business. Citgo was also given an option

Propernyn BV acquires remaining interest in CITGO Petroleum Corp from Southland Corp Propernyn BV acquires remaining interest in CITGO Petroleum Corp from Southland CorpJan 31, 1990

Propernyn BV, a subsidiary of Petroleos de Venezuela, acquired the ##% of Citgo Petroleum that it did not already own for $###.# mil from Southland. Southland had announced in May #### that it was seeking a buyer for the

PDVSA acquires CITGO Petroleum Corp from Seven & I Holdings Co Ltd PDVSA acquires CITGO Petroleum Corp from Seven & I Holdings Co LtdOct 14, 1986

Petroleos de Venezuela, a state owned company, acquired ##% of Citgo Petroleum from Southland for $### mil. As part of the transaction, Venezuela agreed to sell to Southland at least ###,### barrels per day of crude and other petroleum

Citgo Petroleum Corporation M&A Summary


Citgo Petroleum Corporation has made 6 acquisitions while taking stakes in 1 companies. Citgo Petroleum Corporation has 0 divestiture during this period.
YearAcquisitionsStakesDivestitures
2008000
2007000
2006000
2005000
2004000
2003000
2002100
2001000
2000000
1999000
1998000
1997000
1996000
1995100
1994000
1993200
1992100
1991100
1990010
Total610

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