Business
Consumers feel pinch at pump as Russia drives oil refining boom
(Bloomberg) – It’s a great time to be an oil refiner – but a less great time to be filling up at the pump. In Europe, the US and Asia,…
Tag
refining
Business
BP profit beats expectations, helped by refining margins
It made an underlying replacement cost profit, or adjusted net income, of US$2.21 billion Oil major BP reported a smaller than expected…
Business
Sinopec profits slump as oil refining suffers from weak economy
SINOPEC’s third-quarter profits contracted as China’s biggest oil refiner increasingly finds itself under pressure from the nation’s…