For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

Topics:  big   oil   profits   
BING NEWS:
  • Inside a $10 Billion Bet on the World’s Longest Heated Oil Pipeline
    The world’s longest heated oil pipeline faces challenges from forest fires to deadly snakes. But funding is the biggest worry.
    05/3/2024 - 1:14 am | View Link
  • Oil settles near 7-week lows, focus shifts to economy
    Oil prices settled on Thursday near their lowest level in seven-weeks, narrowly mixed and under pressure from weaker global demand, rising inventories and fading hopes for a quick cut in U.S. interest ...
    05/2/2024 - 8:07 am | View Link
  • Cenovus Tops Earnings Forecast as Refining Jumps to Record
    One of Canada’s biggest oil and gas companies, Cenovus Energy (NYSE ... For the first quarter of 2024, refining throughput for Cenovus stood at 655,200 barrels per day (bpd)—a record volume – as ...
    05/1/2024 - 4:29 am | View Link
  • Copper smelters in leading buyer China wary of BHP-Anglo American tie-up
    Chinese smelters, the world's biggest buyers of mined copper, are concerned they will lose power to negotiate prices if BHP Group, known locally as "the big miner", succeeds in its bid for rival Anglo ...
    04/30/2024 - 2:23 am | View Link
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