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Stockreport

Inside Chevron's flagship refinery tapping into Venezuelan crude after Maduro's capture [FOX Business Network]

Chevron Corporation (CVX)  More Company Research Source: FOX Business Network
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Chevron's flagship Gulf Coast refinery is processing its first Venezuelan oil shipment since the U.S. capture of Nicolás Maduro in Caracas last month, turning heavy, tar-like crude into gasoline, diesel and jet fuel for American consumers. "We've been [in Venezuela] for a long time, and it looks like things are starting to go better for both the Venezuelan people and I would say for the American people too, because what's going to happen is the more that oil that flows to a place like Pascagoula or some of the other refineries here, it drives down the cost," Andy Walz, President of Downstream, Midstream & Chemicals at Chevron, told FOX Business in an exclusive interview Thursday. "That oil is going to be cheaper, it's closer, and it's going to help these refineries run the way they were designed, so I think it's a really good thing." Walz's comments were among the first public acknowledgments by Chevron of processing Venezuelan crude in U.S. refineries under the company's renew [Read more]
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Stockreport

Inside Chevron's flagship refinery tapping into Venezuelan crude after Maduro's capture [FOX Business Network]

Chevron Corporation  (CVX) 
More Company Research Source: FOX Business Network
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Chevron's flagship Gulf Coast refinery is processing its first Venezuelan oil shipment since the U.S. capture of Nicolás Maduro in Caracas last month, turning heavy, tar-like crude into gasoline, diesel and jet fuel for American consumers. "We've been [in Venezuela] for a long time, and it looks like things are starting to go better for both the Venezuelan people and I would say for the American people too, because what's going to happen is the more that oil that flows to a place like Pascagoula or some of the other refineries here, it drives down the cost," Andy Walz, President of Downstream, Midstream & Chemicals at Chevron, told FOX Business in an exclusive interview Thursday. "That oil is going to be cheaper, it's closer, and it's going to help these refineries run the way they were designed, so I think it's a really good thing." Walz's comments were among the first public acknowledgments by Chevron of processing Venezuelan crude in U.S. refineries under the company's renew [Read more]
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CVX
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