Page 5 - Freepoint Commodities News Today

/PRNewswire/ -- Freepoint Energy Solutions LLC ("Freepoint Energy Solutions") announced that beginning on April 11, 2022, it will be offering electricity...

Ecuadors oil ruling entity Petroecuador has granted force majeure exemptions to shipments of Russian diesel which were already underway when the invasion of Ukraine started and western powers replied by imposing sanctions on Vladimir Putins government

Banks have declined to provide the funds to pay for the deliveries following Russia’s invasion of Ukraine.

Sens. Jon Ossoff (D-Ga.) and Mark Kelly (D-Ariz.) are introducing a bill that would bar for-profit companies from forming political action committees.

One of the largest U.S. diesel retailers is assembling a fuels trading, processing and distribution powerhouse that could turn a truck stop operator part-owned by billionaire Warren Buffett into the Walmart of petroleum.

One of the largest U.S. diesel retailers is assembling a fuels trading, processing and distribution powerhouse that could turn a truck stop operator part-owned by billionaire Warren Buffett into the Walmart of petroleum.

FEATURE: Hafnia Sees Rising Interest in Bunker Buying Alliances by Ship & Bunker News Team Wednesday July 21, 2021 Peter Grunwaldt, Head of Bunkers in Hafnia. Image Credit: Hafnia Traditionally, shipowners and operators have acted alone to fuel their own vessels – that is, they buy their own bunkers regardless of the number of vessels they have or whether they have designated "bunker buyers" within their teams. The idea of buyers coming together to pool their buying resources is nothing ne...

Publishing date: Jul 12, 2021  •  1 hour ago  •  3 minute read  •  Article content The owners of Limetree Bay, a Caribbean oil refinery dogged by cost overruns and regulatory troubles, filed for bankruptcy on Monday after lenders balked at putting new cash into the project. The Environmental Protection Agency in May ordered the St. Croix, U.S. Virgin Islands, plant, to shut temporarily following a series of fires and noxious gas releases. Those incidents contaminated local drinki...

Limetree Bay Refinery Files for Chapter 11 Bankruptcy Protection Rachel Butt and Gerson Freitas Jr., Bloomberg News (Bloomberg) -- Limetree Bay Refining LLC filed for Chapter 11 bankruptcy in Houston on Monday after the U.S. Environmental Protection Agency closed its Caribbean oil refinery. The St. Croix, U.S. Virgin Islands-based company said in a statement that it plans to use the court protection process to negotiate with creditors and equity holders and weigh options including asset sales. ...

RIO DE JANEIRO — Authorities in Brazil are investigating senior employees at Connecticut-based trading house Freepoint Commodities for their alleged role in a…