President Donald Trump has announced that a new oil refinery will be built in Brownsville, Texas. It will be the first major new U.S. refinery of its type in approximately five decades. Trump made the ...

Drone strikes on refineries and ports have caused some disruption but had little impact on Moscow’s oil revenues.

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 ...

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 ...