In petrochemistry, petroleum geology and organic chemistry, cracking is the process whereby complex organic molecules such as kerogens or long-chain hydrocarbons are broken down into simpler molecules such as light hydrocarbons, by the breaking of carbon–carbon bonds in the precursors. The rate of cracking and the end products are strongly dependent on the temperature and presence of catalysts. Cracking is the breakdown of large hydrocarbons into smaller, more useful alkanes and alkenes. Simply put, hydrocarbon cracking is the process of breaking long-chain hydrocarbons into short ones. This process requires high temperatures.

More loosely, outside the field of petroleum chemistry, the term "cracking" is used to describe any type of splitting of molecules under the influence of heat, catalysts and solvents, such as in processes of destructive distillation or pyrolysis.

Fluid catalytic cracking produces a high yield of petrol and LPG, while hydrocracking is a major source of jet fuel, diesel fuel, naphtha, and again yields LPG.

Among several variants of thermal cracking methods (variously known as the "Shukhov cracking process", "Burton cracking process", "Burton–Humphreys cracking process", and "Dubbs cracking process") Vladimir Shukhov, a Russian engineer, invented and patented the first in 1891 (Russian Empire, patent no. 12926, November 7, 1891). One installation was used to a limited extent in Russia, but development was not followed up. In the first decade of the 20th century the American engineers William Merriam Burton and Robert E. Humphreys independently developed and patented a similar process as U.S. patent 1,049,667 on June 8, 1908. Among its advantages was that both the condenser and the boiler were continuously kept under pressure.

In its earlier versions it was a batch process, rather than continuous, and many patents were to follow in the US and Europe, though not all were practical. In 1924, a delegation from the American Sinclair Oil Corporation visited Shukhov. Sinclair Oil apparently wished to suggest that the patent of Burton and Humphreys, in use by Standard Oil, was derived from Shukhov's patent for oil cracking, as described in the Russian patent. If that could be established, it could strengthen the hand of rival American companies wishing to invalidate the Burton–Humphreys patent. In the event Shukhov satisfied the Americans that in principle Burton's method closely resembled his 1891 patents, though his own interest in the matter was primarily to establish that "the Russian oil industry could easily build a cracking apparatus according to any of the described systems without being accused by the Americans of borrowing for free".

At that time, just a few years after the Russian Revolution and Russian Civil War, the Soviet Union was desperate to develop industry and earn foreign exchange. The Soviet oil industry eventually did obtain much of their technology from foreign companies, largely American ones. At about that time, fluid catalytic cracking was being explored and developed and soon replaced most of the purely thermal cracking processes in the fossil fuel processing industry. The replacement was not complete; many types of cracking, including pure thermal cracking, still are in use, depending on the nature of the feedstock and the products required to satisfy market demands. Thermal cracking remains important, for example, in producing naphtha, gas oil, and coke; more sophisticated forms of thermal cracking have since been developed for various purposes. These include visbreaking, steam cracking, and coking.

Modern high-pressure thermal cracking operates at absolute pressures of about 7,000 kPa. An overall process of disproportionation can be observed, where "light", hydrogen-rich products are formed at the expense of heavier molecules which condense and are depleted of hydrogen. The actual reaction is known as homolytic fission and produces alkenes, which are the basis for the economically important production of polymers.

Thermal cracking is currently used to "upgrade" very heavy fractions or to produce light fractions or distillates, burner fuel and/or petroleum coke. Two extremes of the thermal cracking in terms of the product range are represented by the high-temperature process called "steam cracking" or pyrolysis (ca. 750 °C to 900 °C or higher) which produces valuable ethylene and other feedstocks for the petrochemical industry, and the milder-temperature delayed coking (ca. 500 °C) which can produce, under the right conditions, valuable needle coke, a highly crystalline petroleum coke used in the production of electrodes for the steel and aluminium industries.^{[citation needed]}