BP's third-quarter refining margins are expected to drop $400-$600 million sequentially. The company also anticipates higher ...

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BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...

John Catsimaditis, a New York City billionaire, is mulling a mayoral bid if Eric Adams resigns or is ousted. "The consideration is certainly there," United Refining Company Chairman and CEO John ...

Westwin Elements opens a nickel refining plant in Oklahoma, backed by $12 million from Midland investors, aiming to boost U.S ...

The global oil refining industry has undergone significant shifts over the past few years, driven by geopolitical tensions, ...

BP anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...

Both Shell and Exxon Mobil have also warned that lower refining margins will hit profits for the third quarter of the year.

Despite noting improvements in the company’s operational efficiency during ... and other petroleum products in the United States. It operates through the Refining and Logistics segments. The Refining ...

BP expects a slump in refining margins to take a ... s production in the Gulf of Mexico and the United Arab Emirates”, it said. However, the company upgraded its upstream production guidance ...