Phillips 66 will pay $1.4 billion to acquire Cenovus's 50% stake in WRB Refining, ending a nearly 20-year joint venture. Full ownership of Wood River and Borger refineries will increase Phillips 66’s ...
The International Energy Agency (IEA) recently updated refining margin methodology to better reflect changing refinery crude slates, energy-related costs, updated yield assumptions and product prices ...
TotalEnergies CEO Patrick Pouyanné told CNBC in an exclusive interview that the world has "never experienced" refining margins at their current levels. A major player in the global LNG market, ...
BROWNSVILLE, Texas — America First Refining has signed a multibillion-dollar trade deal to support its Brownsville refinery, the first large greenfield refinery built in the U.S. in nearly 50 years.
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Refining margins in the U.S, northwest Europe, and Asia have jumped to two-year highs. Gasoline and diesel markets are tightening with no immediate sign of relief. Attacks on Russian refineries, ...
SINGAPORE/NEW DELHI, Oct 28 (Reuters) - Global oil refining profits have rallied to their heftiest in 20 months, boosted by robust diesel performance on a tightening outlook after the United States ...
As the demand for more refined and specialized metal recycling packages—like low-copper ferrous shred, furnace-ready aluminum and highly refined copper—continues to rise, ferrous and nonferrous metal ...
In trading on Monday, oil & gas refining & marketing shares were relative leaders, up on the day by about 1.6%. Leading the group were shares of Aemetis, up about 6.3% and shares of OPAL Fuels up ...
US refiners’ operating capacity edged lower in 2024 as an uncertain outlook for gasoline and diesel prompted fuelmakers to pull back after a period of expansion. America’s refining fleet — the world’s ...
MARTINEZ, Calif. -- It's been more than a month since the massive fire at the Martinez Refining Company, and we're learning more about how it sparked. Martinez Refining Company said 170 barrels (7,140 ...
Gerardo is a marketing major and copywriter with over 4 years of experience. He fell in love with gaming as a toddler when his maternal grandmother bought him a Nintendo NES. Ever since then, he ...
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