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 ...

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, ...

America First Refining (AFR), the company developing the refinery at the Port of Brownsville in Texas, said in February that it had secured a “nine-figure investment from a global supermajor at a ...

President Donald Trump on Tuesday announced America First Refining (AFR) is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas. Situated in a massive deep-water ...

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ExxonMobil’s (XOM) global refining business is significantly underappreciated by investors and could provide a meaningful earnings and cash-flow tailwind through the rest of the decade, according to ...

9:21 Minister Champagne sells Carney’s 1st budget as ‘a historic moment’ Finance Minister François-Philippe Champagne says his goal is to help make Canada the NATO partner of choice when it comes to ...

This article was written by Claudio Lubis. It appeared first on the Bloomberg Terminal. The capacity of the global oil refining sector contracted by 350,000 barrels per day in the second quarter of ...

Ukraine has significantly intensified its attacks against Russia's energy sector over the past few weeks, managing to disrupt oil refining capacity, weakening Moscow’s war economy. Ukraine has ...

The Chinese government is planning to reduce the number of oil refiners and petrochemicals producers in the country in a bid to solve the industry’s problem with overcapacity. According to a Bloomberg ...

Antimony is a critical mineral—vital for military applications and ammunition, semiconductors and specialized alloys. Control over its refining capacity carries significant strategic leverage. The ...

The GRM of Indian Oil, the largest public sector OMC, fell 72.17% to $3.69 per barrel in the first nine months of FY25, from $13.26 a barrel in the corresponding period of the last fiscal. New Delhi: ...