With West Texas Intermediate (WTI) oil prices currently hovering around $60 per barrel, according to data from Oilprice.com, ...

UBS says ExxonMobil’s refining business is undervalued and could lift earnings and free cash flow through 2029.

Phillips 66 PSX is a diversified energy company with operations spanning multiple sectors, including refining, midstream, ...

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 ...

HOUSTON - Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard ...

Despite declining refining margins, Marathon Petroleum Corp. (NYSE: MPC) on Tuesday reported higher-than-expected earnings for the fourth quarter of 2024, driven by stronger performance in the ...

Global refining capacity has increased over the past two decades despite a decline in the absolute number of refineries, driven by the expansion of large, integrated mega-refineries primarily in the ...

ReElement Technologies has entered into a partnership with Transition Equity Partners (TEP) to boost global rare earth ...

New Delhi must take deliberate and coordinated steps to establish its own midstream capabilities to avoid dependence on ...