Phillips 66 Beats Estimates as Refining Margins Rebound From 2024 Lows
Houston, Texas-based refiner Phillips 66 (NYSE:PSX) has exceeded Wall Street estimates for the fourth quarter as U.S. refining margins posted a strong rebound from 2024 lows. Phillips posted Q4 EPS…
Germany, France, and Italy Lead EU Push to Curb Reliance on China’s Minerals
The European Union’s biggest economies – Germany, France, and Italy – will lead the bloc’s efforts to build stockpiles of critical minerals to reduce dependence on China, sources familiar with…
Uniper Shrugs Off Europe’s Growing Reliance on American LNG
Uniper is not concerned that Europe now gets more than half of its LNG supply from the United States, as it is the most economical solution while buyers seek to…
USA Expected to Produce Almost 1/4 of Global Oil Output
The U.S. is projected to produce almost a quarter of the world’s petroleum and other liquid fuels output in 2026 in the U.S. Energy Information Administration’s (EIA) latest short term…
bp, Kuwait Oil Company extend technical services agreement through 2029
(WO) – Kuwait Oil Company (KOC) and bp have extended their Enhanced Technical Services Agreement (ETSA) through March 2029, continuing bp’s technical support for enhanced oil recovery (EOR) and field…
