South America
U.S. refiner Marathon Petroleum says it will be bidding for Venezuelan crude oil
Caracas and Washington reached a deal this week to export up to $2 B worth of Venezuelan crude, some 30 MMbbl–50 MMbbl, to the United States.
India's Reliance Industries will consider buying Venezuelan oil
Caracas and Washington have reached a deal this week to export up to $2 B worth of Venezuelan crude, some 30 MMbbl–50 MMbbl, to the United States after U.S. forces captured President Nicolas Maduro on January 3.
Chinese refiners expected to replace Venezuelan oil with Iranian crude
Caracas and Washington agreed to export up to $2 B worth of Venezuelan crude to the United States, President Donald Trump said on Tuesday, after U.S. forces captured Venezuelan President Nicolas Maduro over the weekend.
Hungary's Orban says U.S. intervention in Venezuela good for energy markets
U.S. President Donald Trump, Orban's ally, who has exempted Hungary from U.S. sanctions on Russian energy for the 2026 Hungarian election year, has made clear that he wants to share in Venezuela's oil riches.
Opinion: U.S. oil refiners win, Chinese rivals lose in Trump’s Venezuela strike
Speaking on Saturday after announcing Maduro’s arrest on Truth Social, Trump said he would maintain the U.S. embargo on exports of sanctioned Venezuelan crude oil for now, but also stated that the U.S. would run Venezuela "for a period of time," suggesting U.S. restrictions could be lifted very soon.
Trump administration (U.S.) sets meetings with oil companies over Venezuela
The administration of President Donald Trump is planning to meet with executives from U.S. oil companies later this week to discuss boosting Venezuelan oil production after U.S. forces ousted its leader Nicolas Maduro, according to a source familiar with the matter.
- South Korea's S-Oil says Q1 refining margins to stay robust 1/26
- Few refineries report problems as deep cold seizes U.S. Gulf Coast 1/26
- INEOS launches new Recycl-IN grade with 70% recycled content for greener packaging 1/26
- AES Andes abandons $10-B green hydrogen project in Chile 1/26
- Biofuels firm Ecoceres running new 420,000-tpy Malaysia plant at near full capacity 1/26
- Tanker carrying Venezuelan heavy oil departs to Louisiana (U.S.) 1/26
