HEREIN DISCLOSED IS A METHOD OF PROCESSING OIL, COMPRISING PROVIDING A HIGH SHEAR DEVICE COMPRISING AT LEAST ONE ROTOR AND AT LEAST ONE COMPLEMENTARILY-SHAPED STATOR CONFIGURED TO MIX A GAS WITH A LIQUID; CONTACTING A GAS WITH AN OIL IN THE HIGH SHEAR DEVICE, WHEREIN THE GAS IS AN INERT GAS OR A REACTIVE GAS; AND FORMING A PRODUCT, WHEREIN THE PRODUCT IS A SOLUTION, A DISPERSION, OR COMBINATION THEREOF. HEREIN ALSO DISCLOSED IS A HIGH SHEAR SYSTEM FOR PROCESSING OIL, COMPRISING; AT LEAST ONE HIGH SHEAR DEVICE, HAVING AN INLET AND AT LEAST ONE ROTOR AND AT LEAST ONE COMPLEMENTARILY-SHAPED STATOR CONFIGURED TO MIX A GAS WITH A LIQUID; A GAS SOURCE FLUIDLY CONNECTED TO THE INLET; AN OIL SOURCE FLUIDLY CONNECTED TO THE INLET; AND A PUMP POSITIONED UPSTREAM OF A HIGH SHEAR DEVICE, THE PUMP IN FLUID CONNECTION WITH THE INLET AND THE OIL SOURCE.