Marathon Petroleum's Q1 loss was driven by planned maintenance and weak crack spreads, but the Q2 outlook is stronger with improved spreads and completed maintenance. MPC's extensive refining & ...

Refining crack spreads have remained weak through the peak driving season. Despite these market conditions, PSX's diverse business makeup through midstream, retail, and chemical segments has proven ...

Refining margins in the U.S, northwest Europe, and Asia have jumped to two-year highs. Gasoline and diesel markets are tightening with no immediate sign of relief. Attacks on Russian refineries, ...

Babcock & Wilcox (B&W) announced that it has been awarded a $40-million contract to supply advanced low-pressure wet gas scrubbing (WGS) technology for installation at a major petroleum refinery in ...

PARIS, Nov 9 (Reuters) - France's Total said on Friday there were no leaks affecting its 328,000 barrels per day Gonfreville refinery cracking unit, which is in its restart process. This was in ...

Delta Air Lines took Wall Street by surprise when it decided to purchase an oil refinery in Trainer, Penn., from Phillips 66 last year. Since then, many observers have criticized the deal, arguing ...

NEW YORK (Reuters) - U.S. refiners' months-long windfall from cheap and plentiful crude showed further signs of running out of steam on Wednesday as a second refinery, Delta Airlines' Monroe Energy, ...