Much of the U.S. military guarding the U.S. West Coast and Hawaii relies heavily on petroleum products from California’s refineries, which operate on razor thin profit margins. The state's ...

Welcome to the MPC fourth-quarter 2024 earnings call. My name is Amanda, and I will be your operator for today's call. (Operator Instructions) Please note that this conference is being recorded. I ...

For Q1 2025, MPC anticipates crude throughput volumes of over 2.5 million barrels per day with an 85% utilization rate. Turnaround expenses are projected at $450 million, while operating costs are ...

Phillips 66 delivered a substantial miss on earnings due to changing market conditions and strategic shifts.

Optimism…is the obstinacy of maintaining that everything is best when it is worst.” – Voltaire, Candide You, Governor Polis, ...

Phillips 66's realized refining margins averaged $6.08 a barrel in the fourth quarter of 2024, down from $8.31 for the prior quarter and $14.41 for the corresponding quarter in 2023.

As deforestation increases in the Amazon, it will decrease precipitation in California and create drier conditions in ...

How long will this “war,” which really began almost eight years ago, drag on and how much will it damage Californians?

You soon could be paying even more for gas at the pump. That’s because of a cynical attempt to use the wildfires tragedy to ...

PSX Q4 earnings and revenues decline year over year due to lower contributions from its Refining and Chemical segment.

The Exxon Mobil-controlled Canadian energy company on Friday posted a decline in net income to 1.23 billion Canadian dollars ($848.7 million), or C$2.37 a share, down from C$1.37 billion, or C$2.47 a ...