BP expects to book an impairment of up to $2 ... margins and narrower North American heavy crude-oil differentials, it said. Volatile refining results could occur more frequently in the future ...

Marathon Petroleum Corporation (NYSE:MPC) shares are trading higher after it reported fourth-quarter results. Total revenues and other income of $33.47 billion topped the consensus of $31.12 billion.

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining ...

Marathon Petroleum reported higher-than-expected Q1 revenues, but adjusted EPS showed a loss compared to the previous year. Despite a decline in refining margins and adjusted EBITDA, the company ...

BP expects to book an impairment ... profits. BP's refining margins were mainly harmed by weaker middle distillates margins and narrower North American heavy crude-oil differentials, it said.

The U.S. has transformed global markets by growing into the world’s largest crude oil producer. Here’s why one Texas port—Corpus Christi—is key to the nation’s status as an energy export ...