Early oil refining was unpredictable and often dangerous. Over time, industry leaders like John D. Rockefeller and companies like Standard Oil introduced scientific methods and ...

Oil may be in the ground, but it's also in headlines amid political turmoil, rising prices and earthshaking news. Two Texas Tech University professors explained oil, the economics of it, and why gas ...

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 ...

Discover the crucial exploration and production stages in upstream oil and gas. Understand how drilling and extraction are ...

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 ...

U.S. refineries are fully capable of processing shale oil but were built around heavy, sour crude after tens of billions in capital upgrades — running too much light crude sidelines that expensive ...