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 boost lagging performance. In November,…
(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 boost lagging performance. In November,…
(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 blank-check company in a deal…
(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 earnings stood at $1.9 billion,…
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 chartered by Chevron Corp under…
(Reuters) – Phillips 66 reported a jump in quarterly profit on Tuesday, as the refiner benefited from surging fuel demand and tight energy supplies. The Houston, Texas-based company reported earnings…
By Nidhi Verma NEW DELHI (Reuters) – Many global oil traders and banks have stopped dealing with Indian refiner Nayara Energy, a Rosneft affiliate, as they are worried about Western…
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 delivery, trade sources said, its…