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A more upbeat outlook for the oil market could lead to upside for Valero Energy shares, according to Goldman Sachs. The firm upgraded the refiner to buy from neutral and hiked its price target to $154 ...

Rare earth refiner Phoenix Tailings Inc. has raised $30.2 million from investors, including metals trader Traxys North America LLC, to expand facilities that recover key minerals from mining waste.

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(Reuters) -Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid heavy turnaround activities across the U.S. refining sector. U.S.

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Indian state-owned refiner Chennai Petroleum Corporation Limited is holding ...

Japanese oil refiner Eneos Holdings Inc. is considering the spinoff of its metals unit, JX Nippon Mining & Metals Corp., as the company increases its focus on renewable energy, according to a Nikkei ...

Valero Energy Corp. took a loss of $704 million in the first three months of the year, but the San Antonio-based refiner said it’s seeing demand for fuel recover as vaccinations begin to quell the ...