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Blog - Petroleum

Marathon Petroleum Reports Strong Fourth-Quarter Profits
Marathon Petroleum Reports Strong Fourth-Quarter Profits
Feb 4, 2025
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Marathon Petroleum reports strong fourth-quarter profits, significantly exceeding analyst expectations with successful midstream performance and strategic investments.
Phillips 66 Posts Smaller-Than-Expected Loss Amid Market Challenges
Phillips 66 Posts Smaller-Than-Expected Loss Amid Market Challenges
Jan 31, 2025
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Phillips 66's latest financial report reveals a smaller-than-expected loss, emphasizing its resilience and strategic efficiency in a challenging energy market.
Baker Hughes Secures Strategic Deal with Venture Global
Baker Hughes Secures Strategic Deal with Venture Global
Jan 30, 2025
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Baker Hughes and Venture Global collaborate to supply advanced energy systems, supporting U.S. energy infrastructure and sustainability efforts.
Valero Energy Exceeds Fourth-Quarter Profit Projections
Valero Energy Exceeds Fourth-Quarter Profit Projections
Jan 30, 2025
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Valero Energy Corporation outperforms Q4 profit expectations with adjusted net income of 64 cents per share, surpassing the estimated 7 cents, demonstrating strong market adaptability.
Chinese Independent Refineries Face Shutdown Amid Rising Tariffs and Taxes
Chinese Independent Refineries Face Shutdown Amid Rising Tariffs and Taxes
Jan 27, 2025
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Independent refineries in China face shutdowns due to increased tariffs and taxes, affecting industry operations and competitiveness.
Challenges Facing Mexico's Dos Bocas Oil Refinery
Challenges Facing Mexico's Dos Bocas Oil Refinery
Jan 23, 2025
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Discover the setbacks of Mexico's Dos Bocas oil refinery project, addressing significant delays and budget hikes in the pursuit of energy sovereignty.
Colonial Pipeline Temporarily Shuts Down Line 1 Due to Potential Leak
Colonial Pipeline Temporarily Shuts Down Line 1 Due to Potential Leak
Jan 14, 2025
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Colonial Pipeline has halted Line 1 to investigate a potential leak in Georgia, impacting gasoline transport. Read more on market effects and industry context.
Global Diesel Prices Surge Amid New Sanctions on Russian Oil
Global Diesel Prices Surge Amid New Sanctions on Russian Oil
Jan 14, 2025
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Diesel prices rise as new sanctions on Russian oil disrupt supply chains, resulting in increased costs amid global market shifts.
Kinder Morgan Pipeline Shutdown Disrupts Fuel Transport in Southern California
Kinder Morgan Pipeline Shutdown Disrupts Fuel Transport in Southern California
Jan 10, 2025
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Kinder Morgan's pipeline disruption due to power outages affects fuel transport in Southern California. Explore the potential impacts on the fuel supply chain.
Diesel Prices Rebound After Recent Decline
Diesel Prices Rebound After Recent Decline
Dec 17, 2024
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Diesel prices have rebounded with an increase in ultra-low sulfur diesel futures and retail prices, influenced by geopolitical factors and global market dynamics.
U.S. Gasoline Prices Drop Below $3, Boosting Consumer Spending
U.S. Gasoline Prices Drop Below $3, Boosting Consumer Spending
Dec 9, 2024
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Discover how the recent drop in U.S. gasoline prices below $3 per gallon is providing relief to consumers and impacting global petroleum markets.
Shell and Equinor Create UK's Largest Independent Oil Producer
Shell and Equinor Create UK's Largest Independent Oil Producer
Dec 5, 2024
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Equinor and Shell join forces to form the UK's largest independent oil and gas producer in the North Sea, boosting energy security and production.
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