Companies like Valero, Phillips 66 and Marathon Petroleum are benefiting from record margins for turning crude oil into fuel.

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 ...

The largest-ever global oil supply shortage has topped economists’ lists of concerns since the start of the Iran war. But ...

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 ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. FREEPORT, TEXAS - JANUARY 14: The Nave Photon crude oil tanker is ...

A new oil refinery planned for South Texas could bring thousands of jobs and a major energy investment to the region — while also raising concerns about pollution, water use and coastal risks.

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 ...