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

B.C. Premier David Eby wants Canada to prioritize building refineries, arguing it would keep more value at home, reduce reliance on U.S. buyers, and cut exposure to global supply disruption

Secretary of State Marco Rubio on Sunday touted what he called a unique U.S. capability to refine Venezuela's abundance of crude oil, a linchpin of the Trump administration's takeover strategy for the country.

Gulf Coast refineries may process Venezuelan heavy crude if U.S. companies invest in oil infrastructure after Maduro's capture.

A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production costs, with the refineries capable of absorbing most of the roughly 1 million barrels per day of crude if U.

Refinery in Benicia won’t produce gasoline after the spring, but plans to import gas to supply California’s hungry market.

Mexico’s crude exports have fallen from around 1.1 million b/d in 2020 to 503,000 b/d in December 2025 – the lowest level in the 21st century, while production has declined far less, signalling a shif

Refiner Phillips 66 can run Venezuelan crude at two U.S. Gulf Coast refineries as production ramps up, Chief Financial Officer Kevin Mitchell said on a conference call on Tuesday.

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

The country’s “extra heavy” oil packs some of the highest associated greenhouse gas emissions of any crude oil.