Crude oil fractionation is the primary separation step in a refinery, physically splitting crude into boiling-range cuts for downstream upgrading. It sits at the front of the refining value chain 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 ...

Trump’s push to lure U.S. oil majors back to Venezuela largely fell flat, with Exxon and ConocoPhillips calling the country uninvestable under current laws and citing past expropriations. Venezuelan ...

NEW YORK, Feb 3 (Reuters) - Marathon Petroleum (MPC.N), opens new tab said it bought two cargoes of Venezuelan crude oil at the end of January and expects its refineries to process more heavy grades, ...

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 ...

Marathon Petroleum (MPC) operates the largest heavy crude refinery in Louisiana at 606,000 barrels per day. The Garyville facility is positioned to capture 20% to 30% of increased Venezuelan oil ...

SINGAPORE, Jan 30 (Reuters) - Chinese state oil firm CNPC plans to restart a unit at its refinery in the northeastern city of Dalian, months after closing it, as it pursues big margins from processing ...