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Republican senators pressure Trump's EPA pick over biofuels

6 days ago DieselGasoil Comments Off on Republican senators pressure Trump's EPA pick over biofuels
WASHINGTON (Reuters) – Five Republican senators are warning President Donald Trump’s new pick to run the Environmental Protection Agency, Andrew Wheeler, that their support for his nomination may hinge on his biofuels policy. FILE PHOTO: Acting Administrator of the Environmental Protection Agency Andrew Wheeler speaks during an event hosted by U.S. President Donald Trump with Read More

Martin Midstream Partners Reports 2018 Fourth Quarter Financial Results

6 days ago DieselGasoil Comments Off on Martin Midstream Partners Reports 2018 Fourth Quarter Financial Results
Net income of $44.1 million for 2018 Adjusted Leverage Ratio 4.61x at December 31, 2018 Financial Guidance for 2019 KILGORE, Texas, Feb. 13, 2019 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today its financial results for the three months and year ended December 31, 2018. Ruben Martin, President and Chief Executive Read More

One of the oldest U.S. refineries in trouble again in Philadelphia: court filings

7 days ago DieselGasoil Comments Off on One of the oldest U.S. refineries in trouble again in Philadelphia: court filings
NEW YORK (Reuters) – Philadelphia Energy Solutions Inc, owner of the largest and oldest Refinery on the U.S. East Coast, is facing another financial crisis just months after emerging from a controversial bankruptcy, according to two sources and a Reuters review of court filings. FILE PHOTO: The Philadelphia Energy Solutions oil Refinery is seen at Read More

EA's 'Apex Legends' tops 'Fortnite' record with 25 million signups

1 week ago DieselGasoil Comments Off on EA's 'Apex Legends' tops 'Fortnite' record with 25 million signups
An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, 2015. REUTERS/Lucy Nicholson/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE – SEARCH “BUSINESS WEEK AHEAD AUG 1” FOR ALL IMAGES (Reuters) – Shares of Electronic Arts Inc jumped 8 percent on Tuesday Read More

Buckeye Partners, L.P. Reports Financial Results for the Fourth Quarter and Full Year 2018

2 weeks ago DieselGasoil Comments Off on Buckeye Partners, L.P. Reports Financial Results for the Fourth Quarter and Full Year 2018
HOUSTON, Feb. 08, 2019 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) today reported its financial results for the fourth quarter and full year 2018.  Net income attributable to Buckeye was $482.5 million for the fourth quarter of 2018 compared to $126.3 million for the fourth quarter of 2017.  The fourth quarter of 2018 benefited Read More

Long, strange trip: How U.S. ethanol reaches China tariff-free

2 weeks ago DieselGasoil Comments Off on Long, strange trip: How U.S. ethanol reaches China tariff-free
NEW YORK/KUALA LUMPUR (Reuters) – In June, the High Seas tanker ship loaded up on ethanol in Texas and set off for Asia. FILE PHOTO: Clouds hover above a corn field in Dubuque, Iowa, U.S., July 26, 2018. REUTERS/Joshua Lott/File Photo Two months later – after a circuitous journey that included a ship-to-ship transfer and Read More

Biofuels group Growth Energy sues U.S. EPA over small refinery exemptions

2 weeks ago DieselGasoil Comments Off on Biofuels group Growth Energy sues U.S. EPA over small refinery exemptions
FILE PHOTO: The U.S. Environmental Protection Agency (EPA) sign is seen on the podium at EPA headquarters in Washington, U.S., July 11, 2018. REUTERS/Ting Shen/File Photo WASHINGTON (Reuters) – Biofuels group growth Energy filed a federal lawsuit against the U.S. Environmental Protection Agency on Monday, challenging the agency’s renewable fuel mandate for 2019 as failing Read More

Diluting Venezuela’s heavy crude just got harder

3 weeks ago DieselGasoil Comments Off on Diluting Venezuela’s heavy crude just got harder
By Ann Koh, Jack Wittels and Saket Sundria on 1/29/2019 SINGAPORE and LONDON (Bloomberg) — Venezuela is home to some of the thickest crude on the planet and it can’t be exported without first being diluted. That will become a much tougher task following the latest U.S. sanctions on the Latin American country.  Much of Read More