Despite U.S. pressure following Maduro’s capture, Venezuela’s severely degraded oil infrastructure, environmental damage, and massive capital needs are deterring energy majors from returning.

Glencore (GLNCY) could gain from renewed Venezuelan oil flows and heavy crude demand. Read the latest analysis on the stock ...

Cheap Venezuelan oil may boost US refiners while crushing shale producers, swelling WTI surpluses and dragging global oil ...

Deep conversion refineries on the US Gulf Coast are designed to run heavy crudes like those from close-by Venezuela. But running lots more might take some time.

Not all oil is created equal, and Venezuelan crude is about as different from typical American light oil as heavy molasses is from a bottle of gasoline. That difference shapes everything from how ...

The report says persistent technical challenges with Dangote Refinery’s Residual Fluid Catalytic Cracking (RFCC) unit could constrain crude runs and gasoline output through the first half of 2026.

With more than a billion acres set for licensing and no tariffs on refinery feedstock, “the regulatory sword has been removed ...

January 1, 2027, will be the first license date for two new heavy-duty engine oil categories, if all goes as planned. An update from the American Petroleum Institute said it has made significant ...

The American Petroleum Institute (API) announced progress in the development of its new Proposed Category 12 (PC-12) heavy-duty engine oil specification, clearing several key steps toward formal ...

US naphtha has begun arriving in Venezuelan waters, marking an early and telling step in efforts to restart the country’s ...

Saudi Arabia, the world's biggest oil exporter, is expected to set the March price for its flagship Arab Light crude for Asian buyers at a discount for the first time since December 2020 amid ample ...

The first naphtha cargo for Venezuela as part of an oil deal agreed between Caracas and Washington this month arrived on Friday in the country's waters in a tanker chartered by trading house Vitol, ...