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Home>Posts Tagged Citgo

Tag: Citgo

Citgo’s Profit Outlook Jumps $2 Billion While Diesel Drivers Pay $6.32

October 21, 2026October 21, 2026 Clark Savage33

The Venezuelan-owned refiner now expects $7.7 billion to $8 billion in 2026 EBITDA on surging fuel margins. Meanwhile, the court fight over who owns it reaches a federal appeals court today. an arbitration award against Venezuela. On Nov. 25, 2025, Judge Leonard P. Stark approved a $5.9 billion bid from Amber Energy, an affiliate of […]

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Tropical Storm Isaias Threatens Gulf Oil and Refineries With Diesel Already Near a Record

October 7, 2026 Clark Savage142

The likely first hurricane of 2026 is forecast to cross deepwater fields that pump about 15% of U.S. crude and reach the coast late Friday. The latest NHC track has shifted east toward Alabama and the Florida Panhandle, which lowers the odds for the Mississippi River refining corridor. It does not take Pascagoula, the Colonial […]

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Energy News Beat is your go-to source for global energy news, covering oil, gas, renewable energy, and market trends. We provide timely updates, expert insights, and in-depth analysis to keep you informed on the latest developments shaping the energy industry.

Recent Post

  • The Americas Are the New Oil Growth Engine: +1.66 Million Barrels a Day in 2026 as OPEC Output Falls 5.4 Million

    October 24, 2026October 24, 2026 Clark Savage
  • Russia Says Three Diesel Tankers Are Headed for the U.S. The Two We Can Name Carry About 410,000 to 430,000 Barrels, Less Than 3 Hours of American Demand

    October 24, 2026 Clark Savage

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