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Valero plans to run refineries at 92% of combined capacity in Q3 2024
Reuters via Yahoo Singapore Finance· 4 days agoThe San Antonio-based company, which is the second largest U.S. refiner, plans for its seven U.S....
Valero Energy beats estimates, but second-quarter profit falls on weak margins
Reuters via Yahoo Singapore Finance· 4 days agoThe company's total throughput volumes, or amount of crude processed, averaged 3.01 million barrels...
European refiners' golden era draws to end as demand sags
Reuters via Yahoo Singapore Finance· 4 days agoTotalEnergies, the largest European refiner, saw a 34% quarterly drop in operating income of its...
Exclusive-Declining Mexican crude output could shatter energy independence dream
Reuters via Yahoo Singapore Finance· 4 days agoMexico's incoming President Claudia Sheinbaum will likely face a new challenge fulfilling the dream...
California will host a billion-dollar 'hydrogen hub.' What it means for our energy future
LA Times via Yahoo News Singapore· 4 days agoIn the race to decarbonize energy and fuel, the federal government is spending billions to create...
Finland's Neste cuts margin target again as biofuel prices fall
Reuters via Yahoo Singapore Finance· 4 days agoNeste, which has invested heavily in biofuel production from waste and residue, said it expects the...
TotalEnergies Q2 earnings drop on 'normalising' refining margins
Reuters via Yahoo Singapore Finance· 4 days agoPARIS -French oil major TotalEnergies reported a worse than expected 6% fall in second-quarter...
Rail company sets targets to combat climate change
BBC via Yahoo News Singapore· 4 days agoThese are emissions associated with fuel used directly and indirectly for things such as running a small fleet of diesel trains, company vehicles and...
US refiners' Q2 profits fall on low margins, soft fuel demand
Reuters via Yahoo Singapore Finance· 5 days agoRefiners ramped up processing capacity in the three months ended June 30 to 93.5%, compared with 91%...
Malaysia’s AI push lures stock investors after years of outflows
Bloomberg via Yahoo News Singapore· 5 days agoCIMB Securities expects KLCI company earnings to grow by 11% in 2024 and 8% in 2025, compared to...