IOCL's Sahney said that stable global crude oil prices and India's strong economic growth are creating a favourable ...

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 ...

Refiner Phillips 66 can run Venezuelan crude at two U.S. Gulf Coast refineries as production ramps up, Chief Financial Officer Kevin Mitchell said. Mitchell said its Lake Charles and Sweeny refineries ...

A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production ...

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 ...

Refineries along the U.S. Gulf Coast from Corpus Christi, Texas to Pascagoula, Mississippi are configured to run the heavy ...

Venezuelan crude oil worth $2.8 billion could reach Texas refineries next week following Trump's announcement of 50 million ...

Access to cheaper Venezuelan crude has the potential to support higher gross refining margins for domestic refiners, with India importing roughly 400kbd of oil from the country in the past.

US and Venezuelan officials discuss restarting crude exports to US Gulf Coast refiners after Maduro’s ouster, Reuters reports; Big Oil cautious.

The White House has indicated it is prepared to allow India to buy Venezuelan oil under a new US-controlled framework, ...