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Venezuelan Oil and the Limits of U.S. Refining Capacity
Venezuelan crude is attractive to complex U.S. refiners with coking capacity, but only a subset of Gulf and East Coast plants ...
While any investment by US companies in rejuvenating Venezuelan oil production could take time, Gulf Coast refiners are well positioned to hoover up crude shipments as soon as sanctions are eased and ...
Zacks Investment Research on MSN
Softness in oil price: What lies ahead for VLO's refining operations?
With West Texas Intermediate (WTI) oil prices currently trading below $60 per barrel, according to data from Oilprice.com, ...
Purpose: Convert heterogeneous crude oil into on-spec products (LPG, gasoline, jet, diesel, petrochemical feedstocks, base oils, asphalt) via staged separation, conversion, treating, and blending. I.1 ...
The timeline of the latest conflict between the United States and Venezuela underscores a long term strategy focusing on ...
Chevron, the only U.S. oil company currently active in Venezuela, operates a high-capacity refinery in Pascagoula, Mississippi capable of processing 369,000 barrels per day of heavy crude. Chevron ...
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 from Venezuelan oil fields.
Indian Oil Corporation is ready to process Venezuelan crude if supplies resume, recalling past imports. The company's robust ...
IOCL Chairman A S Sahney confirms the company's readiness to process Venezuelan crude if it becomes available, highlighting refinery robustness.
By Arathy Somasekhar and Georgina McCartney HOUSTON, Jan 6 (Reuters) - A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production ...
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