Tag: Venezuelan
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Dispute over Venezuelan oil piling up tankers at ports
A dispute over a Venezuelan oil coke contract has left tankers waiting to load cargo jammed and some customers have to look for alternative supplies. There are 8 other ships near the Venezuelan ports, waiting to load a combined 350,000 tons, according to what was seen by the specialized energy platform, quoting Reuters. This came…
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The second largest US refinery is authorized to import Venezuelan oil
US refineries are preparing to resume importing Venezuelan oil after many years of sanctions imposed on the government of Venezuelan President Nicolas Maduro. Valero Energy, America’s second-largest oil refiner, is seeking permission from the US Treasury Department to resume importing Venezuelan oil, according to Reuters. US refineries hope to obtain permission similar to what Chevron…
