IOCL Chairman A S Sahney confirms the company's readiness to process Venezuelan crude if it becomes available, highlighting refinery robustness.

State-run oil refiner Hindustan Petroleum Corporation Ltd (HPCL) is considering buying crude oil from Venezuela for the first ...

Indian Oil Corporation is ready to process Venezuelan crude if supplies resume, recalling past imports. The company's robust ...

Venezuelan President Nicolás Maduro has been captured and flown out of the country following a largescale US strike on Caracas, leaving behind uncertainty for the country – and its massive oil ...

By Chen Aizhu SINGAPORE, Jan 14 (Reuters) - China's oil imports from Venezuela are expected to slump starting from February as fewer tankers have managed to leave for Caracas' top crude buyer after ...

Oil industry executives have voiced that reviving Venezuela's oil production will be a long and costly process. Companies will need stable, legally defined frameworks, security for investments, and ...

Jan 6 (Reuters) - Refiner Phillips 66 (PSX.N), opens new tab can run Venezuelan crude at two U.S. Gulf Coast refineries as production ramps up, Chief Financial Officer Kevin Mitchell said on a ...

A revitalized Venezuelan oil industry could lift production from 800,000 barrels daily back to its peak of 3 million, but the path will be long and costly.

American oil refiners stand to be big beneficiaries if Venezuela's vast crude reserves eventually flow more freely into the world market. Refineries along the Gulf ...