LyondellBasell Industries said it has halted operations of a crude and coker unit at its 290,000 b/d Houston refinery as the global chemicals company continued the oil refinery's scheduled shutdown ...

Inertia is the flipside of innovation. In the main, businesses entangled in the web of inertia ultimately perish because they ...

SINGAPORE, (Reuters) - Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese fuel demand crushes margins and Beijing's drive to ...

“During my state visit to China, we secured one of our largest foreign direct investments — a $3.7B agreement with @SinopecNews to build an advanced oil refinery in Hambantota. This will boost ...

SINGAPORE, Jan 17 (Reuters) - China's oil refinery throughput in 2024 fell for the first time in more than two decades barring the pandemic-hit year of 2022, government data showed on Friday ...

Up to 10% of China's oil refining capacity could be shut down within the next decade. The clearest sign of the industry's struggles is the poor operating rates of refineries. About only half of ...

Weaker fuel demand and depressed refining margins in 2024 resulted in ... on average 14.13 million barrels per day (bpd) of crude oil last year, down by 1.6% compared to the record 14.7 million ...

A fire erupted at the Lukoil oil refinery in Volgograd’s Krasnoarmeysky district in the early hours of Wednesday, Jan. 15, the Moscow Times reported citing Russian Telegram channels Residents reported ...

Among other things, the review looked into the possible sale of the company, which operates Canada’s largest oil refinery in Saint John, N.B. When it opened in 1960, the refinery processed more ...

Telephone : Consumer Price Inflation Enquiries: +44 1633 456900. Consumer Price Inflation recorded message (available after 8am on release day): +44 800 0113703 ...

The meeting addressed the company’s consulting services for the refineries in Karbala and Basra, as well as its efforts to build and expand crude oil refining facilities, according to a ...