Wednesday, June 3, 2026
US oil capital Houston buzzes as industry limbers up for Venezuela oil rush- oil and gas 360

US oil capital Houston buzzes as industry limbers up for Venezuela oil rush

(BOE Report) – In a downtown Houston bar, Matthew Goitia, a director at Pelorus Terminals, lays out his early idea to refurbish and build marine terminals that can blend and export crude and ship chemical products in Venezuela. The ambitious plan he estimates would cost $250 million to $1 billion requires him to refurbish an existing crude oil marine terminal