Upgrading of residual oils by thermal cracking and coking, catalytic cracking over nickel ores and iron oxides, and hydrodesulfurization, as well as hydrodemetallization, has been studied.Thermal cracking and coking residual oils were conducted under reduced pressures as well as at atmospheric pressure with gas-flow. The coke thus produced was found to have good coking properties for metallurgical use as synthetic coals.In the cracking of residual oils over nickel ores, it has been proven that the nickel ores have cracking and demetallizing activities. In addition, nickel oxide in the ores has been reduced selectively during the cracking reaction and easily leached out with an aqueous solution of ammonium carbonate. These findings suggest the possibility of combining petroleum refining with metal smelting. This study has been extended to a new process in which residual oils are cracked over iron oxides, generating hydrogen from steam and the by-product coke.Kinetic studies of hydrodesulfurization of residual oils have disclosed that reaction order varies with a change in reaction temperature.Further, studies of hydrodemetallization catalysts have been reviewed.