Most of the state's 15 crude oil refineries were built specifically to process the heavy sour crude that comes from Venezuela and turn into products like diesel, fuel oil and asphalt.

Venezuelan crude oil worth $2.8 billion could reach Texas refineries next week following Trump's announcement of 50 million barrels heading to Gulf Coast.

Gulf Coast refineries could soak up more heavy crude, though global competition looms and a reliable supply increase may be years away.

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

Refineries in Texas and along its Gulf Coast could get a boost from Venezuela's heavy crude. But oil producers might hesitate to get involved in the country while its future remains uncertain.

A new oil agreement between the United States and Venezuela has raised questions about what it could mean for Americans—especially here along the Gulf Coast, home to many major oil refineries.

The government will work to "maximise" the number of jobs saved when Lindsey Oil Refinery is taken over by a neighbouring business, the energy secretary has said. Phillips 66 agreed to buy the site on Monday, seven months on from the collapse of previous owner Prax Group, but said it would not restart refining operations.

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

Valero will idle its Benicia refinery beginning in 2026 while continuing to supply Northern California with gasoline through imports and existing inventories, according to Gov. Gavin Newsom’s office.

Portuguese energy firm Galp and private equity-backed Moeve are in talks to combine their refining, chemicals and fuel retail businesses, they said on Thursday, in a deal that, if successful, would create one of Europe's biggest refiners.

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