Refinery

Saudi Aramco said in a statement that the oil giant, along with its joint venture partners NORINCO Group and Panjin Xincheng Industrial Group, plans to commence construction of a major integrated refinery and petrochemical complex in northeast China. What Happened: Huajin Aramco Petrochemical...

Kinetik Holdings Inc (NASDAQ: KNTK) is strong growth and free cash flow story, given its ownership in the Permian natural gas takeaway and latent processing capacity, according to BofA Securities. The Kinetik Holdings Analyst: Neel Mitra initiated coverage of Kinetik Holdings with a Buy rating and...

The largest refinery in the east coast suffered an explosion Friday morning, which prompted a move higher in gas future prices. What Happened Philadelphia Energy Solutions is a 1,300-acre complex with a capacity of 335,000 barrels a day, CNBC reported. At around 4:00 a.m. ET, a large explosion...