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To: elmatador who wrote (206289)1/11/2026 8:11:55 AM
From: elmatador1 Recommendation

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Selectric II

  Respond to of 206316
 
Which U.S. companies bought Venezuelan oil?

While Chevron was the main U.S. producer of Venezuelan oil, the product found a long list of buyers in the East Coast. These included fellow supermajors like ExxonMobil, Phillips 66 and Valero, according to the U.S. Energy Information Administration (EIA).

In the first quarter of this year, Venezuela was the third largest source of petroleum imports in the U.S., taking 23.6 million barrels, or 22.6 million if we only consider crude oil. Alongside the top two, Canada and Mexico, the three provide much needed heavy and extra heavy crudes, which complement lighter domestic production.

The U.S. was also the second destination of Venezuelan oil exports. main hurdle here is the sanctions regime set by Washington DC, which limits bans or curtails the involvement of American businesses with state-owned Petróleos de Venezuela, SA (PDVSA).

Since May 27, all U.S. transactions with the Venezuelan government and PDVSA have been prohibited, with only a minimum maintenance license for facilities in which Chevron participates as a shareholder.

The main U.S. companies that bought Venezuelan crude oil in the first quarter were Valero (10.9 million barrels), Chevron (5.6 million), Paulsboro Refining (3.3 million), Phillips 66 (1.5 million), ExxonMobil (790,000), Houston Refining (492,000).

Traders including Chevron, Gunvor, Bitumar, and Vitol also bought additional shipments of asphalt and jet fuel for the U.S. market.

European energy corporations have also taken oil they produced in Venezuela to the U.S., including Repsol and Maurel et Prom.



To: elmatador who wrote (206289)1/11/2026 10:00:11 AM
From: Elroy Jetson  Respond to of 206316
 
Chevron refineries, other than Pascagoula, refine Iraqi crude oil.

Chevron is still entitled to substantial discounts on Saudi Crude which it generally transports to Europe or Pascagoula for blending with Mexican or Venezuelan heavy oil.
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Your use of Ai searches as your source of "information" about the US oil industry are serving you up some seriously wrong information.

This coupled with your propensity to make wildly unwarranted assumptions from your Kenyan home about things you know nothing about are leading you to be a fountain of misinformation.