US refineries show improved capacity and utilisation rates
Gross inputs to US refineries exceeded 17 million bpd in each of the past four weeks.
Gross inputs to US refineries exceeded 17 million bpd in each of the past four weeks.
According to Consumer Watchdog, Tesoro made more California refining profit in 2Q15 than any other period in the company's history.
Par generated a net income of US$11.7 million, or US$0.31 per diluted share, compared to a net loss of US$24.7 million, or US$(0.81) per share for 2Q14.
The industrial valves market is expected to register substantial growth at a CAGR of 13% during 2015 - 2020.
Exxon’s pipeline reversal for moving Texas crude oil to Louisiana refineries.
Ecopetrol’s consolidated net earnings stood at COP$1.5 trillion in 2Q15, a substantial increase when compared with the previous quarter.
Tesoro reported record second quarter net earnings from continuing operations of US$586 million, or US$4.62 per diluted share.
The US Commerce Department’s mid year trade report shows that the oil and natural gas industry continues to drive US economic gains in 2015.
Net income increased during the second quarter, reflecting improved margins and strong refining results across HollyFrontier’s system.
According to a new report from Thomson Reuters, the market must prepare for more oil as Iran and Iraq ramp up production in the face of sustained Saudi supply.
API urged candidates at the upcoming presidential debates to outline their vision for harnessing the economic and national security opportunities created by America’s energy revolution.
Net income attributable to Western Refining, excluding special items, was US$138 million, or US$1.44 per diluted share.
KBR has announced strong second quarter 2015 earnings.
MOL Group achieved its best ever quarterly result in 2Q15, with a strong contribution from the Downstream segment.
The US Energy Information Administration has said that Algeria is reforming its laws to attract foreign investment in hydrocarbons.