China's Shandong Yulong Petrochemical on Friday began starting up one of two new 200,000 barrel per day (bpd) crude units in eastern China, sources said, marking the refinery's official launch after ...

A Chinese court on Friday declared bankrupt a third refinery owned by state oil and chemical group Sinochem, a court document ...

Oil refiners in Asia, Europe and the United States are facing a drop in profitability to multi-year lows, marking a downturn ...

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The global refining industry is experiencing a downturn after a period of high profits, due to weaker demand, increased competition from new refineries, and economic slowdown.

China's oil refinery output in August fell 6.2% from a year earlier, declining for the fifth month as disappointing fuel demand and weak export margins curbed production.

Despite billions in investment, delays, and environmental challenges threaten efforts to reduce reliance on Chinese supply ...

Russia's offline primary oil refining capacity in September is set to jump 34% from August, according to Reuters calculations ...

India is aiming for a refining capacity of 450 MMTPA by 2030, up from around 250 MMTPA currently. In addition to new ...

Alcoa's strong Q2'24 performance was driven by favorable aluminum prices and cost-cutting. Read why I upgrade AA stock from ...

China’s July oil refinery output sinks to the lowest since ... Shandong-based plants operated at an average of 56.4% of their capacity in August, up 2.2 percentage points versus July but ...