NEW YORK Enbridge Inc has agreed to sell its dormant crude-by-rail terminal outside Philadelphia to Union Core America, a privately held company that wants to make road fuels with high concentrations of ethanol.
NEW YORK Motorists traveled 242.3 billion miles (390 billion km) on U.S. roads and highways in January, a 2.2 percent increase over the same period last year, according to U.S. Department of Transportation figures released on Wednesday.
NEW YORK While crossing a small wooden bridge in northwestern Iowa last Thursday, 20 rail tank cars in a mile-long train transporting ethanol flew off the tracks, sending fireballs into the sky, while thousands of gallons of the biofuel leaked into the creek below.
NEW YORK Delta Air Lines has hired a consultant to assess the impact on jet fuel prices if the carrier sells or closes the Philadelphia-area refinery it purchased five years ago to keep fuel affordable, two sources familiar with the process said.
NEW YORK More than two dozen tank cars hauling ethanol derailed Friday morning in northwestern Iowa, causing some to catch fire and sending an unknown volume of the biofuel into a nearby creek, officials said.
NEW YORK Philadelphia Energy Solutions has tapped chief operating officer Gregory Gatta as its next chief executive officer, the refining company said on Wednesday.
NEW YORK U.S. refiners are cutting output to reverse slumping profit margins due to record high inventories ahead of the critical summer driving season.
NEW YORK Demand for frac sand has surged in recent weeks as U.S. producers rush back to the oil patch, stoking concern that supplies of the key component of drilling may not be able to keep up with demand later this year, industry professionals said.
NEW YORK U.S. independent refiners like Phillips and Valero have offered mixed support for Republican efforts to boost American jobs and products, expressing concerns about how a border tax on imports could upend the energy ecosystem.
U.S. independent refiners like Phillips and Valero have offered mixed support for Republican efforts to boost American jobs and products, expressing concerns about how a border tax on imports could upend the energy ecosystem.