Global Refining Capacity To Expand With New Projects In Middle East, Asia | OilPrice.com

The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects are expected to start up in the Middle East and Asia

U.S. emergency crude stockpile falls to lowest in 37 years

The U.S. emergency crude oil stockpile fell by 4.6 million barrels last week to its lowest level since May 1985, according to the Department of Energy on Monday.

Lack of Growth in Petroleum Refinery Development Contributes to High Fuel Prices

The bottleneck in America's refineries is among the foremost causes of high fuel prices, a phenomenon spurred in large part by federal policy.

Why expensive gasoline is here to stay

"Future presidents and administrations are going to be absolutely bedeviled by high gasoline prices."

3 other phases of SP Refinery 14 to come on stream by yearend

TEHRAN, Jul. 20 (MNA) – The Chief Executive of National Iranian Oil Company (NIOC) announced that three other phases of Refinery 14 of South Pars Gas Field will be put into operation, costing $2.5 billion, by end of current year (to end Mar. 2023).

Shell celebrates Sarnia-area refinery anniversary with gas giveaway

Tim Boyce was driving to work Thursday morning when he heard on the radio Shell Canada was giving away free gas for 70 minutes at Don Holden’s Shell station in…