MP Materials profit beats, starts some rare earths refining
(Reuters) -Rare earths miner MP Materials posted a better-than-expected quarterly profit on Thursday and said it has started refining small amounts of the strategic metals …
refining
Taxpayers Are Backing An Effort To Break China’s Grip On Key Mineral Refining. It Isn’t Working
Taxpayers Are Backing An Effort To Break China’s Grip On Key Mineral Refining. It Isn’t Working Nick Pope on August 3, 2023 Taxpayers are funding …
Brands focus on stories in refining China livestreaming to boost profits
By Casey Hall SHANGHAI (Reuters) – When tech giant Apple joined China’s livestreaming frenzy, a major driving force of the e-commerce boom in the world’s …
China takes top spot in global refining capacity but output lags U.S.
BEIJING (Reuters) – China’s oil refining capacity overtook the United States as the world’s largest in 2022, an industry official said on Thursday, though its …
U.S. oil refining margins hit 3-month high as plant outages rise
By Shariq Khan (Reuters) – U.S. oil refining margins on Tuesday hit a three-month high and are likely headed higher, analysts said, as unplanned refinery …
Russia’s Gazprom Neft eyes steady oil refining volumes in 2023
By Olesya Astakhova OMSK, Russia (Reuters) – Gazprom Neft, the oil arm of Russian gas giant Gazprom, plans to keep its oil refining steady next …
U.S. crude inventories fall as fuel stocks build on strong refining activity
By David Gaffen (Reuters) – U.S. crude stockpiles fell while gasoline and distillate inventories both rose substantially last week as refiners ramped up production, alleviating …
Fuel markets to stay tight till mid-2020s as refining shrinks
By Ahmad Ghaddar LONDON (Reuters) – Crude oil refining capacity has shrunk by a record 3.8 million barrels per day from March 2020 to mid-2022 …
Biden Threatens Oil Companies For Not Refining More Gasoline — There’s Just One Problem
Biden Threatens Oil Companies For Not Refining More Gasoline — There’s Just One Problem Thomas Catenacci on June 15, 2022 UPDATE: This article has been …
Asia’s jet fuel refining profits hit all-time record, seen climbing further
By Koustav Samanta SINGAPORE – Asian jet fuel refining profits – already at all-time highs – have enough leg room for more gains in the …
Refining margins, fuel costs surge on fallout from Russian invasion
By Stephanie Kelly NEW YORK – Refining profits, or margins, from turning crude oil into products such as gasoline and diesel are ballooning, and could …