U.S. refineries can process shale oil, but economics—not capability—drive imports and exports. Here’s why the system works ...

After decades of stagnation in the U.S. refining sector, a significant shift may be underway. The newly announced oil refinery at the Port of Brownsville, Texas, could become one of the first major ...

Crude oil cannot be used directly and must go through refining. At refineries, it is separated into petrol, diesel, kerosene ...

WTI, Brent and Dubai oil are the three major oil benchmarks that serve as reference prices for traders. Meanwhile, the ...

Texas Tech professors explain why gas prices are so high despite Texas being a major producer, fracking and oil economics.

As war disrupts global energy markets, Beijing's network of small, scrappy oil refineries is quietly keeping the lights on, ...

(The Center Square) – President Donald Trump announced the first refinery to be built in the U.S. in 50 years is being built in Brownsville, Texas. The last refinery was built in 1976 in Louisiana ...

U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at ...

Energy expert Eche Idoko, has explained that the reliance of local refineries on foreign crude supplies is responsible for ...

The narrow waters of the Strait of Hormuz, a vital artery of the global energy system have become the epicentre of the latest ...

Coronation Research analyst says domestic refining is reducing fuel shortages and easing Nigeria’s dependence on global supply disruptions.