oil refining

Fire Forces Philadelphia Energy Solutions to File for Bankruptcy
Credit & Capital

Fire Forces Philadelphia Energy Solutions to File for Bankruptcy

The largest refinery on the U.S. East Coast was forced to file for bankruptcy protection after an explosion and fire last month.
By Lauren Muskett | July 22, 2019
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Marathon Buys Rival to Become Top U.S. Refiner
M&A

Marathon Buys Rival to Become Top U.S. Refiner

The $36 billion acquisition will push Marathon ahead of Valero Energy, with 16 refineries processing 3 million barrels of oil per day.
By Matthew Heller | April 30, 2018
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Buffett Discloses $4.4B Stake in Phillips 66
Strategy

Buffett Discloses $4.4B Stake in Phillips 66

The legendary investor appears to be betting that the refiner will continue benefiting from lower oil prices.
By Matthew Heller | September 1, 2015
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