Venezuelan crude oil is relatively cheap to buy because it is much more difficult to process. It is very heavy, thick, dark ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. CARSON, CALIFORNIA - MARCH 10: In an aerial view, Marathon ...

Sydney: As the US–Israel war on Iran escalates, so too does the global oil crisis. The effective closure of the Strait of Hormuz, through which roughly 20% of the world’s oil and natural gas flows, ...

East African nations plan a joint oil refinery in Tanga to process regional crude, enhancing energy security and reducing ...

Any prolonged disruption to flows through the Strait of Hormuz could tighten crude oil supply to domestic refineries, ...

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

By Siyi Liu SINGAPORE, April 23 (Reuters) - Asian refining throughput is set to tumble in April and May as crude imports hit ...

East African leaders, including Kenya's President William Ruto and Uganda's President Yoweri Museveni, have expressed strong ...

European oil refining margins have turned negative, lagging stronger margins ‌in Asia and the U.S., as competition for crude from Asian buyers due to the Iran war drives up costs even as fuel prices ...