Experts say a new refinery would need to use imported oil and question how it would be competitive.

Neil Mehta, Goldman Sachs, joins 'Power Lunch' to discuss the oil refinery stocks, where the new normal margins will exist ...

California regulators delayed putting the tax into effect for years due to concerns that it could disrupt the state's oil ...

U.S. oil refiners are about to report a historic profit surge as the industry takes advantage of supply disruptions.

Profit margins for U.S. refiners making gasoline and diesel from crude oil are shattering records, as fuel supply disruptions driven by war lift prices for refined products. The average per-barrel ...

Discover how oil refineries convert crude oil into fuels like gasoline and diesel. Explore their processes, functions, and ...

Ampol and Viva Energy are pushing for a major overhaul of subsidies to keep their refineries running for longer, even as ...

Australia is planning to build its first new oil refinery since 1965 after petrol stations ran dry earlier this year.

Directs authorities to hold roadshows in Qatar, Saudi Arabia, other Gulf states to promote Refining Policy 2023 ...

The former boss of a collapsed Lincolnshire oil refinery has been accused of overseeing a $236m (£177m) fraud.