Prices

Inflection Points: Flirting With The Red Zone

Oil prices continue to defy even some of the most pessimistic expectations, with U.S. crude falling below $48 per barrel earlier this week in response to another Chinese stock-market meltdown.

Margins & Economics

Total Beats 2Q Earnings On Refining Gains

Second-quarter 2015 profit for Total S.A. (NYSE:TOT) nearly mirrored year-ago results as higher refining and petrochemical margins helped the French oil and gas major minimize a 50% slide in crude prices.

Margins & Economics
Technology
Industry & Facility

Amyris Converts, Restructures Convertible Debt

Emeryville, Calif.-based Amyris Inc. recently announced that it signed definitive agreements for the conversion and restructuring of about $175 million of debt, to be converted to Amyris common stock, with an additional $5 million of debt converted into joint-venture (JV) ownership by its JV partner, Total S.A.

Industry & Facility

US Ethanol Output Falls To Nine-Week Low

U.S. corn-ethanol production dipped to the lowest level in nine weeks for the week ended July 24, while ethanol stocks were little changed from a week prior, according to the U.S. Energy Information Administration.

Margins & Economics