Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.
Despite slightly reducing the price target to $159, the overall outlook for refining remains positive, with expectations of improved Gulf Coast margins. This optimism is buoyed by the anticipation ...
Currently, most black mass produced from battery scrap is shipped to Asia for refining, depriving automakers of the ability to control their critical minerals supply chain. Electra’s joint ...
Stardust Power (Nasdaq: SDST), a US battery-grade lithium product developer, has officially broken ground on its $1.2 billion lithium refinery in Oklahoma, which will be one of the largest in the US.
Fighting around Sudan‘s largest oil refinery set the sprawling complex ablaze, satellite data analyzed by The Associated Press on Saturday shows, sending thick, black smoke over the country’s ...
A man paints the logo of Bharat Petroleum Corporation (BPCL) on a wall on the outskirts of Kochi, Kerala | Photo ... margin and improvement in gross refinery margins (GRMs). However, the oil ...
The Cabinet – not PetroSA – announced in December 2023 that Russia’s Gazprombank had been selected to restart Mossel Bay’s gas-to-liquids refinery. The choice of a sanctioned Russian bank ...
COFFEYVILLE, Kan. (KOAM) - CVR Energy confirms all employees are accounted for and the fire is out at its refinery in Coffeyville, Kansas. The fire started around 2:00 p.m. on Tuesday in the naphtha ...
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has announced the approval of a licence for the construction of a new refinery. The approval ...
HOUSTON, Jan 22 (Reuters) - LyondellBasell Industries (LYB.N), opens new tab will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people ...
January 22, 2025 (OMDURMAN) – The Sudanese army said Wednesday it had launched a multi-pronged attack reaching areas near the Khartoum oil refinery, 70 kilometres (43 miles) north of the capital.
ASTANA – The Kazakh Energy Ministry stressed the need to build a new oil refinery by 2030 to process at least 10 million tons of oil annually, Kazinform reported on Jan. 21. Energy Minister Almasadam ...
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