Refining - eriinfo

Trump criticized Big Oil’s profits. Here’s how refining profits surged

eriinfo.com8 hours ago03 mins

Chevron does not report a comparable, standalone refining-margin figure, but it reported Friday that its downstream earnings more than quadrupled from a year earlier to $4.9 billion, with the company citing higher margins on refined-product sales. That’s amid tight supplies of refined fuels and pressure on refinery output globally, despite oil firms reporting this week…

Africa

Africa: How Modern Oil Refining Is Driving Economic Growth in Africa

eriinfo.com2 months ago018 mins

The emergence of world-class refining capacity in Nigeria led by the Dangote Petroleum Refinery represents more than an achievement in energy. It signals the possibilities of an economy increasingly defined by value addition, industrial capability, and productive investment, writes Peter Uzoho For decades, conversations about Africa’s energy future have been dominated by a familiar question:…