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 ...

Refining converts mixed crude oil into specification fuels, petrochemical feedstocks, lubricants, and other products by physical separation, chemical conversion, and product treating/blending. It ...

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

Refiners in the U.S. have the distinctive ability to handle the type of heavy crude Venezuela claims to have in abundance.

Summary: Crude moves from the wellhead to market through a sequenced network of flowlines, gathering systems, stabilization and metering, then via pipelines, marine tankers, rail, barges, or trucks.

Light US crude requires a different configuration at refineries Changing refinery setup can be a lengthy and expensive process Running different crude types impacts refinery yields, margin April 9 - U ...

Following are key facts about the oil and mining sectors of Venezuela, whose President Nicolas Maduro was captured by U.S.

Global crude oil production has been unable to recover to its 2018 peak, suggesting that we may have passed the peak oil era. Oil prices are influenced by a complex interplay of factors, including ...