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...Refining metals including zinc still accounts for most of Korea Zinc’s revenues, but the company expects its battery materials business to generate sales from next year....
...“The ISAB refinery is a critical part of Italy’s refining system, accounting for 30 per cent of its diesel supply and 20 per cent of total capacity,” said Viktor Katona, analyst at data provider Kpler....
...ExxonMobil’s chief financial officer said the US oil major was closely watching the “pretty troubling” geopolitical events in the Middle East and Russia as the company reported first-quarter profits that...
...Weakness there bodes ill for the integrated oil companies — and for the global economy....
...Temu said it was “refining” its marketing strategy for each market, and spending “depends on how well they’re doing and what we’re learning”....
...Shell said the sale was part of the company’s strategy to cut down its global refining portfolio and focus on large sites integrated with its chemicals and trading businesses....
...But turning spodumene into lithium concentrates for electric vehicle batteries also requires understanding of processing and refining....
...But a less well understood factor is refining costs. Petrol, diesel but also jet fuels have been on a tear in recent weeks due to limits in refining capacity. Take diesel....
...BP chief executive Bernard Looney blamed lower refining margins and a “very high level” of planned maintenance work for the drop as the upheaval in energy markets that had supercharged profits for the previous...
...and discover that it is not a wholesome mother’s remedy (and it’s definitely not honey), but rather a byproduct of industrial sugar refining with the same nutritional value as a white sugar cube....
...Malmendier Legal said that the economy ministry had informed it on Tuesday this week that it was considering expropriating shares in Rosneft Deutschland GmbH and RN Refining & Marketing GmbH....
...Aftab Zafar, an oil adviser in Islamabad, said that refining the Russian crude would cost between $2 and $5 a barrel, eating into the savings....
...of the world’s rare-earth mining and close to 90 per cent of processing and refining, according to the International Energy Agency....
...“For refiners that can be the last standing, and for companies with a higher risk appetite that are acquiring these ageing assets, there is arguably more money to be made than ever refining crude in Europe...
...Exxon reported first-quarter net profit of $8.2bn, which was down 28 per cent from $11.4bn on the same period last year because of lower gas prices and refining margins....
...The stock had risen 27 per cent over the past five years to Tuesday, compared with a 64 per cent rise in the S&P 500 oil refining and marketing index over the same period....
...steelmaker SSAB is among the European winners of a series of US government investments in an $6bn effort to decarbonise manufacturing, across high polluting sectors such as steel, cement, chemicals and fuel refining...
...Shell’s $54.2bn in cash flow from operations was the second highest in the company’s history....
...a September statement that it would look to work alongside other shareholders and that there were opportunities to create “downstream value” in the lithium market in Western Australia, referring to the refining...
...“Under its new board, it is not just developing but is refining an AGI to maximise profits for Microsoft, rather than for the benefit of humanity.” OpenAI declined to comment....
...Ambani’s long-running strategy is to diversify Reliance, one of India’s largest conglomerates, beyond its core assets in oil and gas refining into consumer-facing digital businesses....
...Europe’s largest oil company on Thursday said that its refining margins for the three months to the end of September were expected to be $15 a barrel, down from $28 a barrel in the previous quarter....
...A new crop of start-ups, such as Houston-based Solugen, are attempting to make petrochemicals from plants, replacing fossil inputs to the refining process, such as propane and ethane, with plant feedstocks...
...ExxonMobil profits fell a more-than-expected 28 per cent on weaker gas prices and refining margins as the oil major highlighted “troubling” events in the Middle East and Russia....
...It will work with the market on refining the CO₂ threshold and measurement methodologies for low carbon nickel to help identify the premium, it added in the notice....
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