National contract talks between refiners led by Marathon Petroleum and the United Steelworkers Union continued nearly a week after the previous labor agreement expired, as union workers at BP's ...
Marathon Petroleum shares jumped 6% after routing expectations for Q4 adjusted earnings and revenues, as refining margins ...
Marathon Petroleum delivered a decisive fourth-quarter earnings beat as sharply higher refining margins and strong utilization rates drove profits well above Wall Street expectations.
For 2026, planned capital investment in refining is $700 million, a nearly 20% reduction year-over-year, with further reductions anticipated in 2027 and 2028. Turnaround expenses are expected to be $1 ...
Nigeria is entering a decisive new phase in its energy history. For more than three decades, the country survived on the unstable foundation of imported petroleum products, an arrangement that left ...
WASHINGTON — The U.S. House of Representatives passed legislation Thursday from Ohio’s Rep. Bob Latta to commission a study on America’s petroleum refining capacity, with support from all the ...
Dangote Petroleum Refinery has refuted claims of importing finished petroleum products, clarifying that it only processes crude oil and globally ...
Feb 3 (Reuters) - Marathon Petroleum beat Wall Street estimate for fourth-quarter profit on Tuesday, helped by strong ...
By Isaac Anyaogu LAGOS, Feb 2 (Reuters) - Three Dangote Group subsidiaries said on Monday they had bolstered gas supply ...
By Nicole Jao and Tanay Dhumal NEW YORK, Feb 3 (Reuters) - Marathon Petroleum reported fourth-quarter profit above Wall ...
The Edo State Government and the Nigerian National Petroleum Company Limited (NNPC Ltd) have agreed to jointly develop a 10,000 ...