Sentences with phrase «oil refiners»
Oil refiners are companies or industries that take crude oil, which is extracted from the ground, and process it into usable products like gasoline, diesel, and other petroleum-based products that we use in our daily lives. Full definition
Valero Energy (VLO) is the leading oil refiner in the U.S..
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MOVERS AND SHAKERS: Saudi Arabia's state - oil giant Aramco has added its first female director to its board: Lynn Laverty Elsenhans, the former chairwoman, president and CEO of U.S. oil refiner Sunoco.
Buffett's Berkshire Hathaway Inc. paid some $ 390 million for another 5.1 million shares of oil refiner Phillips 66 this month, boosting its investment to 65.68 million shares that today are worth around $ 5.21 billion.
Marathon Petroleum has announced it will buy competitor Andeavor in a $ 23.3 billion deal that will create the largest independent oil refiner by capacity in the U.S., surpassing the established leader Valero Energy.
Berkshire has also been boosting its stake in oil refiner Phillips 66.
Saudi Aramco has added Lynn Laverty Elsenhans, the former chairwoman, president and CEO of U.S. oil refiner Sunoco, to the board.
The oil markets are improving and the energy sector has strengthened on the stabilized prices, with oil refiners and sector - related ETF leading the charge this year.
April 30 U.S. oil refiner Marathon Petroleum Corp, which has agreed to buy rival Andeavor, reported an increase in first - quarter profit, helped by higher refining and marketing margins.
Celeste is a well - known figure in national litigation arising from contamination caused by the gasoline additive Methyl tertiary - butyl ether (MTBE), having been among the first lawyers to litigate cases against oil refiners who blended MTBE into gasoline.
San Antonio is home to five Fortune 1000 companies, including oil refiner Valero Energy and provider of insurance to military families USAA.
The requests will add fuel to a raging dispute between Big Oil and Big Corn over how the Trump administration should manage the U.S. Renewable Fuel Standard - a 2005 law that requires oil refiners to mix biofuels such as corn - based ethanol into the nation's fuel supply, or buy government - awarded credits from other energy firms who the blending.
The Greek state is selling a 31 percent stake in DESFA and Hellenic Petroleum, Greece's biggest oil refiner and the other shareholder in the operator, 35 percent.
Marathon Petroleum pays $ US23b for Andeavor: Marathon Petroleum will buy its rival, Andeavor, for $ US23 billion in the largest - ever merger between US oil refiners, building on an export boom.
Other featured articles examine the risks posed by big tech stocks and why oil refiners have a profitable future.
An enlarging market, he hopes, will encourage more oil refiners and other companies to get into the business.
Just as a typical oil refiner cracks petroleum into a mixture of hydrocarbons ranging from ethane to jet fuel, Virent transforms sugars into a fuel that has a 102 octane rating.
Longtime oil refiners UOP have a new refining process that turns plant oils into jet fuel — that has, in turn, been used to power everything from a commercial jet to an F / A -18, dubbed the «Green Hornet.»
Oil refiners employ bubbles in the removal of sulfur from crude.
There's been lots of price action among oil refiners and marketers, food retailers, technology... Read More
It expects palm oil refiners to develop a time - bound plan for RSPO certification and to maximize the use of RSPO - certified palm oil.
MLPs as we know them today are primarily involved in the ownership of oil and gas assets, mostly pipelines, but they can also own things like oil refiners.
CPC Corp., Taiwan's state - owned oil refiner, is choosing from 20 potential areas for a site to inject 40 metric tons of carbon dioxide underground a day.
Corporate raider Carl Icahn has reached an agreement with the management of CVR Energy under which the company will drop its poison pill provision, clearing the way for a potential $ 2.26 billion bid for the Sugar Land, Texas — based oil refiner.
Represented Swiss trading company and Russian energy company in related London UNCITRAL arbitrations relating to long - term crude oil supply contract with Central European oil refiner
Investing is buying Macy's and Oil Refiners in the second quarter, and making sure the underperformance does not affect your investment philosophy.
The cellulosic ethanol movement got a much needed boost yesterday with the announcement that Valero, the nation's largest independent oil refiner, is investing $ 50 million into the Mascoma Corporation's plans to build a commercial sized wood - based biofuel refinery in Kinross, Michigan.
April 30 U.S. oil refiner Marathon Petroleum Corp's first - quarter profit jumped 23 percent, led by higher refining and marketing margins.
In January, the National Association of Manufacturers hired a former Bush administration lawyer to counter litigation filed against oil refiners and other companies.
The firm's biggest investment in two years makes it the majority shareholder in the largest U.S. oil refiner.
As Warren Buffett continues adding to his stake in oil refiner Phillips 66 (PSX), many investors are wondering if Valero (VLO), another refiner, is an equally attractive dividend stock.
The standard mandates that oil refiners blend 13.2 billion gallons of corn - based ethanol into gasoline this year.
Oil Refiners and Homebuilders are two examples of industry sectors with disappointing price action over the past two weeks.
Marathon Petroleum announced it is buying oil refiner Andeavor for $ 23.3 billion, creating the largest oil refiner in the U.S. and one of the top five in the world.
Marathon Petroleum agreed to buy rival Andeavor for $ 23.3 billion in the biggest - ever deal for an oil refiner that would create the largest independent fuel maker in the U.S. Bloomberg Intelligence's Fernando Valle talks with Bloomberg's Alix Steel about the historic deal.
One bad quarter does not mean that the investment process is broken, that it was a mistake to invest in Macy's or Oil Refiners or Value stocks in general.
The plunge in crude prices all but killed profits at China's top energy producer and its largest oil refiner.
Australia's oil refiners have asked the Turnbull Government to give them 10 years to adapt to new gasoline standards that would force regular unleaded petrol to be phased out.
It is far better to look at your investment in an oil refiner and ask «What are the possibilities for where crack spreads will be a year from now,» than to look at the beta, correlations to anything, standard deviations, etc..
You can include any number of companies here — oil refiners and exploration companies, manufacturers, chemical producers, etc..
Frankly I'm surprised that an oil refiner, transporter, marketer would help come up w / an advance on solar $ $ Aug 22, 2012
As of September 1, 2009, the company operated a fleet of 69 tank barges and 66 tugboats, which offer services to various customers, including oil companies, oil traders, and oil refiners.
On the other hand, oil refiner and wholesale marketer Frontier Oil Corporation (FTO) has the highest current earnings yield, with a figure of 13.7 %.
Sadly, this hits a concentrated area of my portfolio, which has a concentration in oil refiners.
An oil refiner might purchase 50 % spot and 50 % forward, getting an average price of $ 87.50 averaged for one barrel spot ($ 75) and the one barrel bought forward ($ 100).