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PBF Energy (PBF) Q2 2021 Earnings Call Transcript

Operator Good day, everyone, and welcome to the PBF Energy second-quarter 2021 earnings conference call and webcast. [Operator instructions] Please note, this conference is being recorded. It is now my pleasure to turn the floor over to Colin Murray of investor relations. Sir, you may begin. Colin Murray Investor Relations Thank you, Laura. Good morning and welcome to today s call. With me today are Tom Nimbley, our CEO; Matt Lucey, our president; Erik Young, our CFO; and several other members of our management team. A copy of today s earnings release, including supplemental information is available on our website. Before getting started, I d like to direct your attention to the safe harbor statement contained in today s press release. In summary, it outlines that statements contained in the press release and on this call, which express the company s or management s expectations or predictions of the future are forward-looking statements intended to be covered by the safe har

U S oil refiners set for first profit since onset of pandemic | Hellenic Shipping News Worldwide

U.S. oil refiners set for first profit since onset of pandemic U.S. oil refiners are set to post their first quarterly profit since the COVID-19 pandemic, even though higher oil prices and weaker margins in June have tamed analysts’ optimism fostered by the rebound in fuel demand. U.S. gasoline and diesel fuel demand has nearly recovered to 2019 levels following the plunge in travel and business activity during the worst of the coronavirus pandemic in 2020. Refiners ramped up processing on the back of the resurgence in activity, but are also grappling with higher crude oil prices CLc1, which have surged 48% this year.

TC Energy to switch to green power to run N American energy pipelines

Article content CALGARY Canadian pipeline operator TC Energy Corp could spend billions of dollars on its plans to lower emissions by switching to renewable energy to run its huge network of U.S. and Canadian oil and gas pipelines. Calgary-based TC Energy, which ships oil and gas through nearly 100,000 kilometers (62,140 miles) of pipelines, one of the biggest networks in North America, has been encouraged by a better-than-expected response to a request in April for information on wind power for projects in the United States. We apologize, but this video has failed to load. Try refreshing your browser, or Article content

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