The phrase "refining sector" refers to the part of the industry that focuses on processing and purifying raw materials, particularly crude oil, into usable products like gasoline, diesel, and other petroleum products. Full definition
Last month, the American Fuel & Petrochemical Manufacturers (AFPM), which represents more than 95 percent of the U.S. refining sector, sent a letter to President Trump, in which it argued that refineries along the Gulf Coast have made substantial investments to process heavy crude, particularly of the Venezuelan variety. (businessinsider.com)
Isn't it clear to everyone that as long as the subsidy regime persists, Nigeria would never have a developed local refining sector? (nigeriapoliticsonline.com)
A permissive market - based regime that lacks environmental integrity and that provides significant subsidies and long - term business certainty to the polluting petroleum - refining sector in California is undercutting these efforts. (foe.org)