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 ...

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 ...

Trump’s push to lure U.S. oil majors back to Venezuela largely fell flat, with Exxon and ConocoPhillips calling the country uninvestable under current laws and citing past expropriations. Venezuelan ...

“American energy dominance is back under President Trump” reads a White House statement on the administration’s latest effort to assert energy superiority, in a time when energy costs are soaring and ...

LONDON/NEW YORK/NEW DELHI, Nov 18 (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 ...

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 ...

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 ...