oil refinery use maize oil hot small production machine in venezuela

                                               
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
  • Does Venezuela rely on US refinery technology?
  • The effort by state oil firm Petroleos de Venezuela (PDVSA) and the state-owned National Iranian Oil Refining and Distribution Company (NIORDC) to boost fuel output at the Paraguana Refining Center marks a step toward ending Venezuela's reliance on U.S. refinery technology, the sources said.
  • Which refiners rely on Venezuela?
  • Other refiners such as Chalmette, Saint Charles, and Texas City are highly dependent on Venezuela for more than 60% of their total imports. The average crude quality imported by the refiners running Venezuelan crudes involves a 21.8 degree API and 2.7% sulphur spec crude. Replacing such barrels will be a tall task.
  • Is Venezuela's crude oil production on a downtrend?
  • Venezuelan crude oil production has been on a downtrend for years. This is true across all crude grades, but from a composition standpoint, the heavies and extra heavies now make up over 71% of total Venezuelan crudes compared to sub 60% in 2013. In other words, the type of barrel produced is heavier than in the past.
  • Will PDVSA reanimate Venezuela's motor fuel production?
  • (Reuters, 8.Jul.2021) ¡ª Venezuela¡¯s state-run oil company PDVSA has started producing two upgraded crude grades for domestic refining, aiming at reanimating the country¡¯s much-needed output of motor fuels, according to a company document and sources close the decision.
  • How much oil does Venezuela produce a day?
  • In 2008, crude oil production in Venezuela was the tenth-highest in the world at 2,394,020 barrels per day (380,619 m 3 /d) and the country was also the eighth-largest net oil exporter in the world. Venezuela is a founding member of the Organization of the Petroleum Exporting Countries (OPEC).
  • Why do US refiners make more money processing Venezuela's oil?
  • Venezuela¡¯s oil is heavy, which means it requires more processing by refiners. But U.S. refiners have invested billions of dollars into processing heavy oil. This oil sells at a discount to lighter oil, and as a result refiners make more money processing this crude oil into finished products.