Have you ever wondered how crude oil or natural gas is processed, and how it becomes the building blocks of products we use everyday? This infographic gives a basic snapshot of how petrochemical...
Publicly owned companies, like many U.S. refineries, have a fiduciary responsibility (which is a legal obligation) to act in the best interest of their shareholders, and that extends to how companies spend their earnings. Often, earnings are spent on a combination of the following: direct dividends, stock buy back programs, paying down debt and capital investment projects.