The highly complex refineries located on the U.S. Gulf Coast could resume processing heavy Venezuelan crude oil in the years following the capture of President Nicolás Maduro, possibly pushing out ...

Trump’s push to lure U.S. oil majors back to Venezuela largely fell flat, with Exxon and ConocoPhillips calling the country uninvestable under current laws and citing past expropriations. Venezuelan ...

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

By Newsbase The disruption highlights a key reality often overlooked in the oil market: while volumes may be globally ...

Africa’s oil refining industry has long struggled to keep pace with the continent’s vast crude oil production. For decades, many African nations exported crude oil while importing refined petroleum ...

Major oil producer Kazakhstan plans to commission a new refinery by 2033 to eliminate domestic fuel shortages and become a net fuel exporter, The Caspian Post reports, citing Vice Minister of Energy, ...

A central piece of a closed crude oil refinery in Convent recently came crashing down as Shell Oil shifts the nearly 60-year-old complex toward making renewable fuels, company officials confirmed. The ...

BROWNSVILLE, Texas — For the first time in nearly 50 years, a new oil refinery will be built in the United States, in Brownsville, Texas. President Donald Trump announced the plans for the new ...

Dangote Group has enlisted Honeywell to supply process technologies and catalysts for a petrochemical expansion at the ...