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CITGO Petroleum Corporation - Strategic SWOT Analysis Review provides a comprehensive insight into the company’s history, corporate strategy, business structure and operations. The report contains a detailed SWOT analysis, information on the company’s key employees, key competitors and major products and services.This up-to-the-minute company report will help you to formulate strategies to drive your business by enabling you to understand your partners, customers and competitors better.Scope- Business description – A detailed description of the company’s operations and business divisions.- Corporate strategy – GlobalData’s summarization of the company’s business strategy.- SWOT analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.- Company history – Progression of key events associated with the company.- Major products and services – A list of major products, services and brands of the company.- Key competitors – A list of key competitors to the company.- Key employees – A list of the key executives of the company.- Executive biographies – A brief summary of the executives’ employment history.- Key operational heads – A list of personnel heading key departments/functions.- Important locations and subsidiaries – A list of key locations and subsidiaries of the company, including contact details.HighlightsCITGO Petroleum Corporation (CITGO) is an oil refining and distribution company in the US. The company markets refined petroleum products such as gasoline, diesel, waxes, engine oils, grease, lubricants, gear oils, industrial fluids, jet fuel, process oils, metalworking fluids, railroad lubricants, transmission fluids, aromatic hydrocarbons and aliphatic hydrocarbons. CITGO branded petroleum products are sold through owned and operated stations across 27 states in the US. It owns and operates refineries in Lemont (Illinois), Corpus Christi (Texas) and Lake Charles (Louisiana), and several terminal storage facilities in the US.CITGO Petroleum Corporation Key Recent DevelopmentsDec 16, 2014 Venezuela's Citgo Petroleum Receives Revised Bids From Four BiddersOct 21, 2014 CITGO And Garrow Oil Support Fundraiser To Benefit ALS ResearchAug 07, 2014 CITGO and Ocean Exploration Trust Launch Nautilus Ambassador ProgramJul 21, 2014 American Gas And Oil Expands CITGO Brand In Western MichiganMar 21, 2014 Citgo to resume Corpus Christi refinery by March 2014Reasons to Buy- Gain key insights into the company for academic or business research purposes. Key elements such as SWOT analysis and corporate strategy are incorporated in the profile to assist your academic or business research needs.- Identify potential customers and suppliers with this report’s analysis of the company’s business structure, operations, major products and services and business strategy.- Understand and respond to your competitors’ business structure and strategies with GlobalData’s detailed SWOT analysis. In this, the company’s core strengths, weaknesses, opportunities and threats are analyzed, providing you with an up to date objective view of the company.- Examine potential investment and acquisition targets with this report’s detailed insight into the company’s strategic, business and operational performance.Note: Some sections may be missing if data is unavailable for the company.
Table of ContentsTable of Contents 2List of Tables 4Section 1 - About the Company 5CITGO Petroleum Corporation - Key Facts 5CITGO Petroleum Corporation - Key Employees 6CITGO Petroleum Corporation - Key Employee Biographies 7CITGO Petroleum Corporation - Major Products and Services 8CITGO Petroleum Corporation - Key Operational Summary 9CITGO Petroleum Corporation - History 10CITGO Petroleum Corporation - Company Statement 12CITGO Petroleum Corporation - Locations And Subsidiaries 13Head Office 13Other Locations & Subsidiaries 13Section 2 – Company Analysis 15CITGO Petroleum Corporation - Business Description 15CITGO Petroleum Corporation - SWOT Analysis 16SWOT Analysis - Overview 16CITGO Petroleum Corporation - Strengths 16Strength - Compliance with Safety Standards 16Strength - Operational Capabilities 16Strength - Synergy with PDVSA 16CITGO Petroleum Corporation - Weaknesses 17Weakness - Legal and Environmental Issues 17CITGO Petroleum Corporation - Opportunities 18Opportunity - Refined Product Demand To 2035 18Opportunity - Strategic Initiatives 18Opportunity - Global Crude Oil and Liquid Fuel Consumption 18CITGO Petroleum Corporation - Threats 19Threat - Intense Competition 19Threat - Stringent Emission Standards 19Threat - Declining Oil Prices 19CITGO Petroleum Corporation - Key Competitors 20Section 3 – Company’s Recent Developments 21Dec 16, 2014: Venezuela's Citgo Petroleum Receives Revised Bids From Four Bidders 21Oct 21, 2014: CITGO And Garrow Oil Support Fundraiser To Benefit ALS Research 22Aug 07, 2014: CITGO and Ocean Exploration Trust Launch Nautilus Ambassador Program 23Jul 21, 2014: American Gas And Oil Expands CITGO Brand In Western Michigan 24Mar 21, 2014: Citgo to resume Corpus Christi refinery by March 2014 25Feb 19, 2014: Citgo Petroleum reports fire at Corpus Christi refinery 26Feb 06, 2014: Citgo to conduct maintenance at Corpus Christi refinery in Texas 27Feb 05, 2014: Citgo ordered to pay $2m for violating pollution standard in US 28Jan 15, 2014: Citgo Petroleum restarts crude unit at Corpus Christi East refinery in Texas 29Jan 03, 2014: Citgo Petroleum to restart vacuum unit at Lemont refinery 30Section 4 – Appendix 31Methodology 31About GlobalData 31Contact Us 31Disclaimer 31List of TablesCITGO Petroleum Corporation, Key Facts 5CITGO Petroleum Corporation, Key Employees 6CITGO Petroleum Corporation, Key Employee Biographies 7CITGO Petroleum Corporation, Major Products and Services 8CITGO Petroleum Corporation, Key Operational Summary, 2011 9CITGO Petroleum Corporation, History 10CITGO Petroleum Corporation, Other Locations 13CITGO Petroleum Corporation, Key Competitors 20Units 31