Venezuelan crude oil is relatively cheap to buy because it is much more difficult to process. It is very heavy, thick, dark ...
Indonesia’s state-owned oil and gas company has confirmed that its refineries are capable of processing Russian crude, as the ...
The U.S. shale boom has upped production of light sweet crude oil. U.S. refineries, on the other hand, are built to process heavy sour crude oil from overseas. Without sufficient light sweet crude ...
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 ...
Oil prices are rising in 2026 due to global tensions and supply issues. Fuel and energy are becoming costly for people and ...
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at ...
Africa’s richest man, Aliko Dangote, has announced plans to spearhead the construction of a major oil refinery in East Africa, citing growing concerns over the continent’s dependence on fuel imports, ...
East African leaders, including Kenya's President William Ruto and Uganda's President Yoweri Museveni, have expressed strong ...
Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, ...
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