(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 in California. Rare earths are…
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 U.S. government efforts to break…
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 second biggest economy, it launched…
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 production of fuel products lagged…
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 outages weigh on already-tight fuel…
By Olesya Astakhova OMSK, Russia (Reuters) – Gazprom Neft, the oil arm of Russian gas giant Gazprom, plans to keep its oil refining steady next year, at around 41 million…
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 a bit of concern about…
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 as demand expanded, setting the…
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 updated to include comments from…
By Koustav Samanta SINGAPORE – Asian jet fuel refining profits – already at all-time highs – have enough leg room for more gains in the coming weeks, as relaxed border…
By Stephanie Kelly NEW YORK – Refining profits, or margins, from turning crude oil into products such as gasoline and diesel are ballooning, and could surge further after the United…