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Global Partners has aggressively expanded via acquisitions, boosting scale but straining free cash flow and increasing leverage to speculative levels. Learn more on GLP stock here.
Chevron Corporation CVX has reportedly begun the sale process for its 50% stake in Singapore Refining Company (“SRC”), inviting non-binding bids from potential buyers. Among those approached is ...
The California Senate has introduced a landmark resolution to have the state examine its crude imports from the Amazon, ...
Planting trees can help save the planet, right? A new study finds that to offset all the planet-warming carbon emissions from ...
Brent crude futures LCOc1 settles at $74.23 a barrel, up $4.87; analysts say Tehran could pay heavy price if it blocks Strait ...
Oil prices fell off multi-month highs hit earlier on Friday as Israeli air strikes avoided Iranian oil sites, but prices ...
Despite its notable strength, KMI slipped 12.5% from its 52-week high of $31.48, achieved on Jan. 21. Over the past three ...
The Houston Chronicle has named Rachel Nostrant to cover oil and energy on the business news desk. A story on its website states, “In this role, Nostrant will cover the complexities of an industry at ...
Grupo Ecopetrol (NYSE: EC) has completed a major expansion of its Pozos Colorados Maritime Terminal in Santa Marta, Colombia, enabling it to receive larger fuel tankers and significantly improve ...
BlackRock Inc. was removed from Texas’ blacklist of companies that boycott fossil fuels, ending a three-year standoff over the environmental policies of the world’s largest asset manager.
Refinery closures and strong seasonal fuel demand have tightened global markets and driven refining margins to their highest in over a year, benefiting refiners—at least for now.