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, ...

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

Crude oil fractionation is the primary separation step in a refinery, physically splitting crude into boiling-range cuts for downstream upgrading. It sits at the front of the refining value chain and ...

Light US crude requires a different configuration at refineries Changing refinery setup can be a lengthy and expensive process Running different crude types impacts refinery yields, margin April 9 - U ...

Because of an archaic refining infrastructure, America’s oil industry is in the curious position of shipping much of what it extracts to foreign refineries for processing, while importing what it can ...