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The United States exported a record volume of ethanol in 2018 for second consecutive year

13 hours ago DieselGasoil Comments Off on The United States exported a record volume of ethanol in 2018 for second consecutive year
April 24, 2019 The United States exported 112,000 barrels per day (b/d) of fuel ethanol in 2018, surpassing the record high of 91,000 b/d set in 2017. At the same time, U.S. imports of fuel ethanol decreased about 30% in 2018 to less than 4,000 b/d, which resulted in the United States exporting more fuel Read More

Lawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers

1 day ago DieselGasoil Comments Off on Lawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers
(Reuters) – Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. FILE PHOTO: A Cargill logo is pictured on the Provimi Kliba and Protector animal Read More

SAExploration Announces New $25 Million Ocean-Bottom Marine Project Award in Brazil

1 day ago DieselGasoil Comments Off on SAExploration Announces New $25 Million Ocean-Bottom Marine Project Award in Brazil
HOUSTON, April 23, 2019 (GLOBE NEWSWIRE) — SAExploration Holdings, Inc. (NASDAQ: SAEX, OTCQB: SXPLW), or SAE, today announced a new deep-water ocean-bottom marine project award in Brazil for a major international oil company valued at approximately $25 million. Services to be provided will include data acquisition utilizing autonomous ROV-deployed nodal recording technology in water depths Read More

Franklin Electric Reports First Quarter 2019 Sales and Earnings

2 days ago DieselGasoil Comments Off on Franklin Electric Reports First Quarter 2019 Sales and Earnings
FORT WAYNE, Ind., April 23, 2019 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) reported first quarter 2019 GAAP fully diluted earnings per share (EPS) of $0.19, versus a GAAP fully diluted EPS in the first quarter 2018 of $0.45.  First quarter 2019 sales were $290.7 million, compared to 2018 first quarter sales of Read More

U.S. petroleum product exports set record high in 2018

2 days ago DieselGasoil Comments Off on U.S. petroleum product exports set record high in 2018
April 23, 2019 U.S. exports of total petroleum products set a record high in 2018, reaching an annual average of 5.6 million barrels per day (b/d), an increase of 366,000 b/d from 2017 levels. The three largest petroleum product exports from the United States in 2018 were distillate, propane, and motor gasoline. U.S. exports of Read More

China’s Didi recruits Colombian drivers ahead of Bogota launch

2 days ago DieselGasoil Comments Off on China’s Didi recruits Colombian drivers ahead of Bogota launch
FILE PHOTO: Logo of Didi Chuxing is seen at its headquarters building in Beijing, China August 28, 2018. REUTERS/Jason Lee BOGOTA (Reuters) – Chinese ride-hailing giant Didi Chuxing said on Monday it is beginning to recruit drivers ahead of its launch in Colombia’s capital Bogota in the coming months. “We have arrived in Colombia with Read More

Petrobras halts P-25 platform in Albacora field due to pipeline leak

2 days ago DieselGasoil Comments Off on Petrobras halts P-25 platform in Albacora field due to pipeline leak
FILE PHOTO: A logo of the Brazil’s state-run Petrobras oil company is seen in Rio de Janeiro, Brazil March 25, 2019. REUTERS/Sergio Moraes/File Photo RIO DE JANEIRO (Reuters) – Brazil’s state-run oil producer Petroleo Brasileiro SA said on Monday it had halted production at its P-25 platform in the Albacora offshore field, after detecting a Read More

BRICS is the future of global economy – South African politician

4 days ago DieselGasoil Comments Off on BRICS is the future of global economy – South African politician
The five-nation bloc of emerging economies Brazil, Russia, India, China, and South Africa (BRICS) is a force that could promote inclusive global economic growth. That’s according to David Makhura, the premier of South Africa’s northern province Gauteng, who was speaking at the BRICS Business Council midterm meeting in Johannesburg. Also on rt.com BRICS trade surges Read More

Boeing 737 MAX joint governmental review will begin April 29: FAA

5 days ago DieselGasoil Comments Off on Boeing 737 MAX joint governmental review will begin April 29: FAA
FILE PHOTO: A 737 Max aircraft is pictured at the Boeing factory in Renton, Washington, U.S., March 27, 2019. REUTERS/Lindsey Wasson/File Photo WASHINGTON (Reuters) – The U.S. Federal Aviation Administration said Friday that a joint governmental review of the now grounded Boeing 737 MAX will begin on April 29 and will include 9 other aviation Read More