• GLNCY
• TTEF

Analysis-Global refiners face profit slump as new plants come online

Oil refiners face record low profitability due to weak demand, oversupply, and new refineries despite past profits from supply shortages after the pandemic.

• GLNCY
• TTEF

Analysis-Global refiners face profit slump as new plants come online

• BP
• CVX
• TTEF

Chevron delivers industry first in ultra-high pressure oil field

Chevron's Anchor project achieves first oil production under extreme subsea pressures, enabling deepwater production previously deemed off-limits, with estimated recovery of 440 million barrels.

• 2222
• 4005
• 4183
• GLNCY
• LYB
• SHEL
• TTEF
• XOM

Factbox-Global petrochemical firms shape up in oversupply crisis

Petrochemical producers in Europe and Asia face tough conditions; companies are consolidating and shutting down operations to survive amidst falling margins and rising energy costs.