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Oil & Gas Refining and Marketing

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Petron updates on acquisition of SMC powergen's Power Plant

Thursday, 15 Sep 2016 03:55am EDT

Petron Corp : Executive committee of co granted co authority to negotiate, enter into and conclude with smc powergen relevant definitive agreements . Enter into and conclude agreements for purchase and acquisition of 140 mw solid fuel-fired power plant of smc powergen . Executive committee likewise authorized company to secure and avail of credit facility agreements to fund the proposed acquisition .

New Zealand refining says throughput for July/August period was 6.8 mln barrels

Wednesday, 14 Sep 2016 07:54pm EDT

New Zealand Refining Company Ltd : Gross refinery margin for the July/August period of USD 6.20 per barrel . Throughput for the July/August period was 6.8 million barrels . Processing fee income of NZ$41.3 million resulting from gross refinery margin of 6.20 per barrel .

Esso H1 net profit group share down at 108 million euros

Wednesday, 14 Sep 2016 11:57am EDT

Esso Société Anonyme Francaise SA : H1 net profit group share 108 million euros ($121.6 million) versus 175 million euros year ago .H1 operating income 151 million euros versus 264 million euros year ago.

Philadelphia Energy Solutions files to withdraw IPO plans

Wednesday, 14 Sep 2016 07:26am EDT

Philadelphia Energy Solutions Inc Files To Withdraw Ipo Plans : Philadelphia Energy Solutions Inc files to withdraw IPO plans - SEC filing .Philadelphia Energy Solutions Inc had filed for IPO of up to $100 million of its Class A common stock in Feb 2015.

Fedex Freight invests in CNG fueling at Oklahoma city service center

Tuesday, 13 Sep 2016 12:00pm EDT

Fedex Freight : Fedex freight invests in cng fueling at oklahoma city service center .Purchased more than 100 compressed natural gas tractors, has installed cng fueling station to serve new cng fleet at oklahoma city service center.

Shandong Shengli signs agreement to buy 51 pct stake in two new energy firms

Tuesday, 13 Sep 2016 02:49am EDT

Shandong Shengli Co Ltd <000407.SZ> :Says co enters into an agreement to acquire 51 percent stake in two Dalian-based new energy firms, for 48.5 million yuan and 23.0 million yuan respectively.

Shandong Shengli to divest stake in vehicle sales firm

Tuesday, 13 Sep 2016 01:38am EDT

Shandong Shengli Co Ltd <000407.SZ> : Says co and co's wholly owned energy unit planed to sell 100 percent stake in a Shandong-based vehicle sales firm, to two individuals, at total price of 15.2 million yuan .The Shandong-based vehicle sales firm was established by the co and co's unit, and the co will hold no stake in it down from 60 percent stake after the transaction.

Icahn Enterprises files for mixed shelf of up to $1.0 bln

Friday, 9 Sep 2016 04:05pm EDT

Icahn Enterprises Lp : Files for mixed shelf of up to $1.0 billion - SEC filing Source: (http://bit.ly/2cAk8Er) Further company coverage: [IEP.O] ((Bangalore.newsroom@thomsonreuters.com;)).

Imperial Oil says to market Norman Wells assets

Friday, 9 Sep 2016 03:23pm EDT

Imperial Oil Ltd : Imperial to market norman wells assets . Imperial oil ltd says announced its intention to market its interests in norman wells operation in northwest territories . Imperial oil ltd says a definitive decision to sell assets has not been made . Imperial oil ltd says marketing effort is expected to commence in q3 of 2016 .Imperial oil ltd says a fuels distribution terminal is also being marketed.

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