Secretary of State Marco Rubio on Sunday touted what he called a unique U.S. capability to refine Venezuela's abundance of ...

South American nation’s tar-like oil is what many Gulf coast facilities were built for but ramping up production to 3m barrels a day will be a long game ...

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The ...

Refining converts mixed crude oil into specification fuels, petrochemical feedstocks, lubricants, and other products by physical separation, chemical conversion, and product treating/blending. It ...

The physical and chemical differences between these crude types determine how easy they are to refine and their market value.

Summary: Crude moves from the wellhead to market through a sequenced network of flowlines, gathering systems, stabilization and metering, then via pipelines, marine tankers, rail, barges, or trucks.

President Trump said "we're going to get the oil flowing the way it should be" after the surprise U.S. attack. Here's what to ...

Chevron is the only American major currently operating in Venezuela. Conoco has been seeking billions for the takeover of ...

Global crude oil production has been unable to recover to its 2018 peak, suggesting that we may have passed the peak oil era. Oil prices are influenced by a complex interplay of factors, including ...

ADNOC has started trading Dubai crude oil through the S&P Global Platts pricing process, a rare action for a Middle Eastern national oil company. These trades impact the Dubai/Oman average, a key ...