CEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new final investment decisions (FIDs), such as Kaskida and Tangguh, new access in Iraq and India, and ...

NEW YORK, Feb 3 (Reuters) - ‌Marathon Petroleum reported fourth-quarter profit above ‌Wall Street estimates on Tuesday, as a 44% jump in refining margins underscored stronger operational performance.

CEO Tim Go highlighted strong results in the marketing, midstream, and lubricants and specialties businesses, with refining showing sequential improvement. He emphasized a focus on operational ...

Earlier in this series, we made the case for copper being “the metal that built technology.” Some readers took issue with that statement, noting correctly that meteoric iron and gold were worked long ...

The Zacks Oil and Gas - Refining & Marketing industry consists of companies involved in selling refined petroleum products (including heating oil, gasoline, jet fuel, residual oil, etc.) and a ...

The refining industry is witnessing the end of the supercycle of huge profits and record margins that began with the post-pandemic surge in demand and war- and sanctions-related supply disruptions.

In September 2024, LibertyStream deployed its first direct lithium extraction (“DLE”) field unit in the Permian Basin, subsequently scaling up to its Generation 5 unit by February 2025. This rapid ...

The Zacks Oil and Gas - Refining & Marketing industry consists of companies involved in selling refined petroleum products (including heating oil, gasoline, jet fuel, residual oil, etc.) and a ...

The three main U.S. oil refiners hit new all-time highs in the first quarter. Their extraordinary stock performance over the last several quarters, despite West Texas Intermediate crude oil still ...

Phillips 66 (NYSE:PSX) has been one of the energy sector’s standout performers, with shares up 5.60% over the past week, 21.21% over the past month and 41.02% year-to-date. The stock recently touched ...