South American nation’s tar-like oil is what many Gulf coast facilities were built for but ramping up production to 3m barrels a day will be a long game ...

Secretary of State Marco Rubio on Sunday touted what he called a unique U.S. capability to refine Venezuela's abundance of ...

Nicolás Maduro has accused the U.S. of attacking Caracas in an attempt to take control of its natural resources.

American oil refiners stand to be big beneficiaries if Venezuela's vast crude reserves eventually flow more freely into the ...

The Tema Oil Refinery (TOR) has officially resumed crude oil refining operations after several years of inactivity.

The physical and chemical differences between these crude types determine how easy they are to refine and their market value.

The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back ...

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Purpose: Convert heterogeneous crude oil into on-spec products (LPG, gasoline, jet, diesel, petrochemical feedstocks, base oils, asphalt) via staged separation, conversion, treating, and blending. I.1 ...

The Institute for Energy Security (IES) has congratulated the management and staff of the Tema Oil Refinery (TOR) following the successful resumption of crude oil refining operations after years of ...

WTI crude below $60 could lift Valero Energy's margins, as the refiner buys cheaper oil and turns it into gasoline and distillates as inventories rise.