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FILE PHOTO: An employee fills the tank of a car with petrol at a gas station in Shanghai February 7, 2012. REUTERS/Aly Song/File Photo
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Global diesel prices to rely on refinery closures for support in 2025

About 1 million barrels per day of refining capacity in Europe and the U.S. is expected to permanently shut down next year.

By Ahmad Ghaddar, Shariq Khan and Trixie Yap12 Dec 2024Reuters
FILE PHOTO: The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
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Exxon goes forward with $200-million expansion of Texas plants

California filed a lawsuit against Exxon alleging the company was deliberately misleading the public about the limitations of recycling.

By Erwin Seba21 Nov 2024Reuters
FILE PHOTO: The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott/File Photo
BusinessChemicalsNewsOil

Another US oil refinery to vanish with Lyondell Houston plant closing

LyondellBasell plans to shut its 263,776 bpd Houston refinery in early 2025, as fuel demand dips amid green energy shifts.

By Erwin Seba1 Nov 2024Reuters

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