Policy
GTL & CTL

PetroSA Posts FY 2014 Net Loss on Impairment Charge

South Africa-based gas-to-liquids (GTL) specialist PetroSA announced Oct. 21 that it posted an R1.65-billion (US$150-million) net loss for fiscal-year (FY) 2014 because of a R3.4-billion (US$309-million) impairment against its on-shore and offshore oil-and-gas assets.

Distillate Markets
Industry & Facility

U.S. DOE Doles Out Advanced-Biofuel Funding

The U.S. Department of Energy (DOE) has awarded up to $13.4 million for five projects to develop advanced biofuels and bio-based chemicals that are expected to help drive down the cost of producing gasoline, diesel and jet fuel from biomass.

International Developments
BTL & WTE
Transportation