Early oil refining was unpredictable and often dangerous. Over time, industry leaders like John D. Rockefeller and companies like Standard Oil introduced scientific methods and ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Honeywell and Chevron have announced a collaboration to develop AI-assisted solutions to boost safety in refining operations, using AI to support decision-making and optimize efficiency in processes ...

Despite best efforts made by both companies, Petrobras and Ultrapar agreed to end negotiations with no penalties for either party after certain critical conditions could not be met to reach mutual ...

Bangladesh’s only state-owned petroleum refinery, is expected to resume operations on May 7, bringing relief to the country’s ...