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In this paper, a statistical physical derivation of thermodynamically consistent fluid mechanical equations is presented for non-isothermal viscous molecular fluids. The coarse-graining process is based on (i) the adiabatic expansion of the one-particle probability density function around local thermodynamic equilibrium, (ii) the assumption of decoupled particle positions and momenta, and (iii) the variational principle. It is shown that there exists a class of free energy functionals for which the conventional thermodynamic formalism can be naturally adopted for non-equilibrium scenarios, and describes entropy monotonic fluid flow in isolated systems. Furthermore, the analysis of the general continuum equations revealed the possibility of a non-local transport mode of energy in highly compressible dense fluids.