IOCL Chairman A S Sahney confirms the company's readiness to process Venezuelan crude if it becomes available, highlighting refinery robustness.

Indian Oil Corporation is ready to process Venezuelan crude if supplies resume, recalling past imports. The company's robust ...

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 ...

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 ...

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

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 ...

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 sour, corrosive crude oil produced by Venezuela that President Donald Trump ...

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

Trump seeks Venezuela’s heavy oil to suit US refineries, regain lost business, curb China’s influence, and strengthen America’s energy leverage ...

The U.S. pumps more crude than any other nation in the world but it still wants Venezuela's oil. Here's why.