Amber Energy to Acquire CITGO: Court Approval Announced
Slice of Energy Team
11/26/2025
Key highlights
- Court-approved acquisition of CITGO by Amber Energy.
- Led by CEO Gregory Goff, experienced in energy management.
- Plans for reinvestment and operational enhancements to boost profitability.
- Focus on community relationships and improving performance.
- Transaction expected to close in 2026, pending approvals.
Source: PR Newswire
Notable Quote
“ We look forward to working with the talented CITGO team to strengthen the business through capital investment and operational excellence. ”
Gregory Goff, CEO at Amber Energy
Why this matters
This acquisition signifies a strategic move in the energy sector, highlighting Amber Energy's commitment to enhancing CITGO's operations, which are critical for U.S. energy infrastructure. By leveraging Gregory Goff's extensive experience, the company aims to foster growth and community engagement, ultimately driving improvements in the energy market. This development is particularly significant for the energy sector.
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