Tag

Us Refineries

All articles tagged with #us refineries

business1 month ago•5 min saved

Venezuelan Oil and Political Turmoil: Opportunities and Challenges for US Investors

US refineries favor Venezuelan heavy, high-sulphur crude due to their design, and restoring Venezuelan oil exports could reduce US reliance on more expensive sources, bolster the US oil industry, and serve as a geopolitical move against China, though significant investment and stability are required for a full recovery.

via The Guardian|

#business #heavy-oil #oil-market

world1 month ago•3 min saved

Trump's Push to Revive Venezuela's Oil Industry Faces Challenges

U.S. Secretary of State Marco Rubio highlighted the U.S.'s capability to refine Venezuela's heavy crude oil, emphasizing its strategic importance in the context of U.S. efforts to influence Venezuela's political and economic situation, with potential for increased refinery activity if Venezuela's oil exports become more reliable.

via Axios|

#heavy-crude #oil-sanctions #us-refineries