Refiner Phillips 66 forecasts lower spending in 2024
(Reuters) – U.S. refiner Phillips 66 forecast lower spending in 2024 on Friday, days after Elliott Investment Management sought a revamp of its board to …
refiner
Lithium refiner Stardust Power to go public via $490 million blank-check deal
(Reuters) – Stardust Power, a lithium refiner supplying the electric-vehicle industry, on Tuesday agreed to go public in the U.S. through a merger with a …
Refiner Phillips 66 joins rivals in posting sky-high profit
(Reuters) – Phillips 66 on Tuesday became the latest refiner to post bumper quarterly profit, as higher fuel demand boosted margins. The Houston, Texas-based refiner’s …
U.S. oil refiner Valero, rivals pursue Chevron for Venezuelan crude
By Marianna Parraga HOUSTON (Reuters) – U.S. oil refiners that once were regular buyers of Venezuelan crude are jockeying to win access to coming cargoes …
Refiner Phillips 66 quarterly profit jumps on strong fuel demand
(Reuters) – Phillips 66 reported a jump in quarterly profit on Tuesday, as the refiner benefited from surging fuel demand and tight energy supplies. The …
Exclusive-Major traders, banks cut business ties with Russia-backed Indian refiner -sources
By Nidhi Verma NEW DELHI (Reuters) – Many global oil traders and banks have stopped dealing with Indian refiner Nayara Energy, a Rosneft affiliate, as …
India’s top refiner IOC buys 3 million bbls Russian Urals crude via tender -sources
By Nidhi Verma NEW DELHI – Indian Oil Corp, the country’s top refiner, bought 3 million barrels of Russian Urals from trader Vitol for May …