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Keyword: heavycrude

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  • Chevron and Halliburton are nearing billion-dollar deals to invest in Venezuelan oil

    08/30/2026 8:25:12 PM PDT · by SeekAndFind · 14 replies
    Yahoo Finance ^ | 08/30/2026
    Chevron Corp. (CVX) and other U.S. energy companies are reportedly moving closer to deals that could bring billions of dollars of investment into Venezuela's oil fields. While Chevron is nearing an agreement to expand its operations in the country, Halliburton Co. (HAL) is reportedly in talks to provide equipment to Venezuelan oil producers, as the Trump administration pushes U.S. companies to help build the nation's oil industry. Chevron, Halliburton Eye Venezuela Opportunities Chevron could add two heavy-oil fields to its Venezuelan portfolio under the potential agreement, The Wall Street Journal reported, citing people familiar with the matter. The oil major...
  • U.S. Refiners Rush To Buy Heavy Oil As Trump Looks To Punish Maduro

    01/18/2019 1:48:01 PM PST · by bananaman22 · 24 replies
    Oilprice.com ^ | 01-18-2019 | Irina
    Refiners in the United States are stocking up on heavy crude, pushing prices higher, as the Trump administration prepares to slam more punitive measures on Caracas after the inauguration of Nicolas Maduro as president of Venezuela for a second term after elections considered illegitimate by Washington. Reuters reports that officials from the presidential administration met with oil industry executives to discuss the measures on the table, including the suspension ofrefined product exports to Venezuela or Venezuelan crude oil imports into the United States. Gulf Coast refiners have a limited choice of supplier when it comes to heavy crude. Besides local...