U.S. shale output is predominantly light crude, while many Gulf Coast refineries are engineered for heavy, sulfur-rich feedstock. Global supplies of heavy crude have tightened due to declining Mexican ...
The highly complex refineries located on the U.S. Gulf Coast could resume processing heavy Venezuelan crude oil in the years following the capture of President Nicolás Maduro, possibly pushing out ...
Trump’s push to lure U.S. oil majors back to Venezuela largely fell flat, with Exxon and ConocoPhillips calling the country uninvestable under current laws and citing past expropriations. Venezuelan ...
India is set to order a third fleet of locally designed reactors as part of an ambitious effort to expand nuclear power capacity at a manageable cost, according to people familiar with the plan. The ...
The American claim on Venezuela’s oil means even more of it could come to a huge Chevron refinery in Mississippi. Neighbors worried about pollution want the company to move them out. The American ...
Last week, U.S. President Donald Trump’s Venezuela pitch to oil executives to invest the vast sums required to revive the country’s flagging oil sector proved largely ineffectual. Exxon Mobil ...
Chevron’s flagship Gulf Coast refinery is processing its first Venezuelan oil shipment since the U.S. capture of Nicolás Maduro in Caracas last month, turning heavy, tar-like crude into gasoline, ...
Enbridge Inc. sanctioned the Mainline Optimization Phase 1 project to add crude oil transportation capacity to the Mainline pipeline network and Flanagan South Pipeline. Enbridge Inc., Calgary, has ...