Venezuelan crude is attractive to complex U.S. refiners with coking capacity, but only a subset of Gulf and East Coast plants ...
Most of the state's 15 crude oil refineries were built specifically to process the heavy sour crude that comes from Venezuela ...
While any investment by US companies in rejuvenating Venezuelan oil production could take time, Gulf Coast refiners are well ...
The highly complex refineries located on the U.S. Gulf Coast could resume processing heavy Venezuelan crude oil in the years ...
Crude oil fractionation is the primary separation step in a refinery, physically splitting crude into boiling-range cuts for downstream upgrading. It sits at the front of the refining value chain and ...
Exxon, Chevron, Phillips 66 and others already operate refineries capable of processing the kind of heavy crude that comes ...
Secretary of State Marco Rubio on Sunday touted what he called a unique U.S. capability to refine Venezuela's abundance of ...
Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...
Increased flows of Venezuelan heavy crude to the US would benefit complex refiners such as Valero, Chevron and PBF, which ...
A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production ...