Petroleum Refining – Page 2

U.S. Crude-Oil Inventories Fall Despite Refinery Activity Slowdown

20Sep

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World

U.S. Crude-Oil Inventories Fall Despite Refinery Activity Slowdown

Crude-oil stockpiles dropped by 2.1 million barrels last week to 418.5 million, compared with analysts’ predictions that supplies would fall by 1 million barrels.

Energy Stocks Are Back in the Market's Driver's Seat

11Sep

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Money

Energy Stocks Are Back in the Market's Driver's Seat

Oil prices are at their highest level this year.

Sinopec's First-Half Profit Fell on Weak Demand

28Aug

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World

Sinopec's First-Half Profit Fell on Weak Demand

The company attributed a decline in revenue to lower prices for crude oil, refined oil products and chemical products and lower sales volume of petrochemical products.

Texas Sues Shell Over Massive Fire at Houston Chemical Plant

13Aug

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World

Texas Sues Shell Over Massive Fire at Houston Chemical Plant

State officials allege that the multiday blaze caused ‘mass quantities’ of airborne contaminants and illegal flows of wastewater into waterways.

Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.

13Aug

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Money

Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.

Listen to article(2 minutes)In 2020, Carl Icahn tapped his son, Brett, to eventually take over his eponymous investment empire, whose value had surged after years of successfully waging war with corporate America. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Carl Icahn’s Firm Slashes Dividend in Half After Activist Pressure; Stock Slides

5Aug

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Money

Carl Icahn’s Firm Slashes Dividend in Half After Activist Pressure; Stock Slides

Icahn Gets Breathing Room From Lenders Following Short-Seller Attack

10Jul