Venezuela's vast heavy crude reserves look tailor‑made for the complex refineries that line the U.S. Gulf Coast, many of which were built around similar grades from Latin America. Yet the path from ...

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 ...

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 ...

The timeline of the latest conflict between the United States and Venezuela underscores a long term strategy focusing on ...

Refineries along the U.S. Gulf Coast from Corpus Christi, Texas to Pascagoula, Mississippi are configured to run the heavy sour, corrosive crude oil produced by Venezuela that President Donald Trump ...

Refiner Phillips 66 can run Venezuelan crude at two U.S. Gulf Coast refineries as production ramps up, Chief Financial Officer Kevin Mitchell said on a conference call on Tuesday.

MOBILE, Ala. (WALA) - A new oil agreement between the United States and Venezuela has raised questions about what it could mean for Americans—especially here along the Gulf Coast, home to many major ...

Shortly after the capture of Venezuelan President Nicolas Maduro by U.S. special forces, President Donald Trump made clear that his rationale for ordering the raid included gaining access to Venezuela ...

Trump’s tariffs spare crude oil and fuels but significantly raise upstream and midstream costs through duties on steel, aluminum, and Chinese industrial components. Gulf Coast refineries avoid ...

UBS says ExxonMobil’s refining business is undervalued and could lift earnings and free cash flow through 2029.