Venezuelan crude is attractive to complex U.S. refiners with coking capacity, but only a subset of Gulf and East Coast plants ...

The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump ...

Exxon, Chevron, Phillips 66 and others already operate refineries capable of processing the kind of heavy crude that comes ...

Venezuelan crude oil worth $2.8 billion could reach Texas refineries next week following Trump's announcement of 50 million ...

The Ministry of Energy and Mineral Development says the oil refinery will be completed in 2029. In this final part of the interview with NTV, the permanent secretary, Irene Bateebe, explains how the ...

Venezuela sits atop the largest proven oil reserves on Earth, an estimated 303 billion barrels, roughly one-fifth of global ...

Analysts warn that any easing of sanctions will add to an already oversupplied global market. Reaching peak production levels requires massive investment and sustained political stability. Oil ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Kazakhstan plans to build a new large refinery and boost existing refining ...

“This expansion reflects our confidence in Nigeria's future, our belief in Africa's potential, and our commitment to building ...