The oil giants that for years reined in fossil-fuel spending and showered investors in cash are warning the Iran war is severely tightening global oil supplies—and they are in no hurry to change ...

The Minerva Gloria is docked at a wharf in the Mississippi Sound, not far from the US's vast oil reserves in the Gulf of Mexico. The ship, 820ft (250m) long, painted navy and burgundy, is carrying ...

LONDON/NEW YORK/NEW DELHI (Reuters) -Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and analysts, ...

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 ...

Airline stocks have taken a beating since Iran war sent oil prices surging. A prolonged hike in fuel costs could hit travelers. Tickets on Atlanta-based Delta and other airlines could rise with a ...

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 ...

President Trump said the U.S. will get its first new oil refinery in 50 years with the help of investment from India’s Reliance Industries Ltd. “I am proud to announce that America First Refining is ...

Forbes contributors publish independent expert analyses and insights. David Blackmon is a Texas-based public policy analyst/consultant. “A new Refinery at the Port of Brownsville, will fuel U.S.

Oil prices have fallen 20% since Trump took office, but California drivers see little relief at the pump due to soaring refinery profit margins. Global refining capacity is squeezed by Ukrainian ...