Global Refining & Petrochemicals

Public Policy
Margins & Economics

Diesel Price Plunge Slams CNG, LNG Fuel Sellers

California-based Clean Energy Fuels—North America’s largest retailer of compressed natural gas (CNG) and liquefied natural gas (LNG), mainly targeting heavy-duty diesel fleets—on Feb. 26 reported a full-year net loss of $89.7 million, $22 million worse than the $67-million net loss in 2013.

Fuels & Processing
Margins & Economics
Margins & Economics
Transportation & Logistics

Wärtsilä 2014 EBIT Rises 2% Year-On-Year

Marine and power-plant engines manufacturer Wärtsilä reported that its full-year 2014 earnings before interest and taxes (EBIT) rose 2% year-on-year (y-o-y), to €569 million (US$643 million), from €557 million (US$629 million) in 2013.

Public Policy
Margins & Economics
Margins & Economics
Fuels & Processing

BIOX Reports Higher Quarterly Biodiesel Production

Toronto, Ontario, Canada-based biodiesel producer BIOX Corp. said that production of biodiesel reached 16.2 million liters (4.28 million gallons) during its fiscal 2015 first quarter (1Q), compared to 15.2 million liters (4 million gallons) in 1Q 2014.