Refineries (at least those built by American companies) are designed with specific crude slates in mind, and the decisions ...
While any investment by US companies in rejuvenating Venezuelan oil production could take time, Gulf Coast refiners are well ...
At 7 a.m., the earth began to rumble. Suddenly, oil blew out of its well in a massive eruption that towered 200 feet in the air and sprayed the fearful villagers of La Rosa.
Exxon, Chevron, Phillips 66 and others already operate refineries capable of processing the kind of heavy crude that comes ...
Despite holding the world’s largest oil reserves, Venezuela’s oil industry has been hollowed out by economic collapse under ...
Communities in Texas and Louisiana say U.S. control of Venezuela’s heavy crude would worsen environmental racism along the ...
American oil refiners stand to be big beneficiaries if Venezuela's vast crude reserves eventually flow more freely into the ...
Trump said the US will “run” the country until safe leadership is installed. That same day, Venezuela’s Supreme Court installed Delcy Rodriguez – who oversees the country’s state-run oil company, ...
The complex political situation in Venezuela could harm new investments and will likely keep big oil on the sidelines while ...
The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back ...
A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production ...
American energy producers can drill and produce crude oil at record-setting rates without fueling a single car, truck, plane, or military vehicle because crude oil is merely raw material until refined ...