U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers ...

State-owned Petroleos de Venezuela SA, PDVSA, is “in no hurry” to restart the Amuay refinery and will allow for at least a one-day cooling-down period, Oil Minister Rafael Ramirez told ...

The Tema Oil Refinery (TOR) is one of two crude oil refineries ... However, TOR was built to process lower grade crudes and cannot refine oil from the new local fields unless significant ...

Refineries transform crude oil into valuable products, gaining when oil prices drop. Refining stocks offer portfolio balance, particularly as hedges against oil price flux. High utilization and ...

The foundations have already been laid at the 100,000 barrels per day crude oil refinery, close to Cape Town, for a Gasoline Hydrotreating Process that will help bring petrol down to Euro 5 ...