Discover the crucial exploration and production stages in upstream oil and gas. Understand how drilling and extraction are ...
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 ...
Because of an archaic refining infrastructure, America’s oil industry is in the curious position of shipping much of what it extracts to foreign refineries for processing, while importing what it can ...
How is West Texas Intermediate different from say Saudi crude or Venezuela sour? What is light, sweet crude? Why does the type of oil matter? At a refinery, crude oil ultimately gets converted into ...
U.S. refineries are fully capable of processing shale oil but were built around heavy, sour crude after tens of billions in capital upgrades — running too much light crude sidelines that expensive ...
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