HOUSTON, Jan 31 - Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron (CVX.N), opens new tab, Exxon Mobil (XOM.N), opens new tab and Shell ...
Refineries transform crude oil into valuable products, gaining when oil prices drop. Refining stocks offer portfolio balance, particularly as hedges against oil price flux. High utilization and ...
The Taneco refinery has a refining capacity of over 16 million tons of oil per year and “plays a key role in supplying fuel to the Russian army,” according to the Ukrainian official Kovalenko.