Nearly 70% of U.S. refining capacity runs most efficiently with heavier crude, which is why 90% of U.S. oil imports are heavy ...

Most of the state's 15 crude oil refineries were built specifically to process the heavy sour crude that comes from Venezuela ...

Exxon, Chevron, Phillips 66 and others already operate refineries capable of processing the kind of heavy crude that comes ...

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

China's refinery throughput in 2025 rose 4.1% year on year, while crude oil output grew 1.5%, both all-time highs, government ...

Crude prices are low. Companies are being cautious. But huge reserves — particularly of the heavy, viscous oil Venezuela has ...

FPSO crude separation is a staged, three-phase process that uses pressure letdown, heating, and electrostatic coalescence to split well fluids into stabilized crude, export gas, and treated produced ...

Venezuelan crude is attractive to complex U.S. refiners with coking capacity, but only a subset of Gulf and East Coast plants ...

Reliance says it may buy Venezuelan crude, as geopolitics reshape oil flows and analysts flag gains for India’s largest ...

Two independent Chinese refiners have started buying feedstock for two bankrupt refineries that they acquired from a state-owned company, Reuters has reported, citing trade sources without naming them ...

MRPL clarified that the company doesn't foresee any negative impacts on sales to European markets, as it has stopped ...