The Latest

Gevo Completes $210MM Red Trail Assets Deal for Ethanol Plant

 Gevo has renamed an ethanol production plant and CCS assets acquired from Red Trail Energy as “Net-Zero North.”

TransMontaigne Announces Two Facility Sales Totaling $210MM

Two wholly-owned subsidiaries of TransMontaigne Partners LLC have agreed to the sale of terminal facilities in Florida and Virginia.

Colonial Shuts Pipeline Due to Potential Gasoline Leak

Colonial Pipeline, the largest refined products pipeline operator in the United States, said on Jan. 14 it was responding to a report of a potential gasoline leak in Paulding County, Georgia and that one of its mainlines was temporarily shut down.

Commentary: Maximizing the Opportunity for Energy Dominance

Energy produced in the U.S. already has a strong grip on global markets. But with the country on the cusp of a new regulatory environment, will the U.S. capitalize on the opportunity to maximize energy dominance?

Adkins: Saudi Cuts to Stay, EVs are Overrated and China Matters Less

Marshall Adkins, head of energy at Raymond James, isn’t buying the prevailing wisdom that weakening Chinese oil demand, EV encroachment and a potential OPEC supply increase are legitimate threats to the oil market.

Phillips 66 Sells Interest in Swiss-based Petrol Station Operator

Phillips 66 Ltd. is selling its 49% non-operated equity interest in Switzerland’s Coop Mineraloel, an operator of retail sites and petrol stations.

US to Close Northeast Gasoline Reserve with 1 MMbbl Sale

The Biden administration will sell nearly 1 MMbbl of gasoline in the U.S. managed stockpile in northeastern states as required by law, the Department of Energy said on May 21, effectively closing the reserve.

TotalEnergies to Invest $400MM in LPG

TotalEnergies is investing more than $400 million into LPG to provide more than 100 million people in Africa and Asia access to clean cooking methods by 2030.

Canadian Railway Companies Brace for Strike

A service disruption caused by a strike in May could delay freight deliveries of petrochemicals.

Global Partners Buys Four Liquid Energy Terminals from Gulf Oil

Global Partners initially set out to buy five terminals from Gulf Oil but the purchase of a terminal in Portland was abandoned after antitrust concerns were raised by the FTC and the Maine attorney general.