While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now ...
Boulder’s lawsuit, like dozens around the country, seeks damages from fossil fuel companies to help pay for climate ...
BP Plc plans to sell oil refining and chemical assets in Germany, as the company scales back operations in the country due to ...
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.
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Exxon and Chevron are still trying to strip ... hit by weaker refining margins and accelerated depreciation of its Los Angeles refinery, which it plans to close later this year.
Refining: Earnings from gasoline and diesel production dropped sharply to $323 million from $3.2 billion a year earlier due ...
The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon ...