Oil & Gas Refining & Marketing

Sunoco, Inc. (NYSE: SUN) announced today that it has reached an agreement with the New Jersey Turnpike Authority and Getty Petroleum Marketing Inc. to begin operating the nine fuel stations at service plazas along the Garden State Parkway, one of the most heavily traveled roads in the nation. The...

World Fuel Services Inc., a fuel logistics company, announced that it completed the acquisition of a privately held aviation fuel distribution firm, The Hiller Group, along with its certain affiliates. The former is a wholly owned subsidiary of World Fuel Services Corporation (INT). The deal was...

World Fuel Services Inc., a fuel logistics company, announced that it completed the acquisition of a privately held aviation fuel distribution firm, The Hiller Group, along with its certain affiliates. The former is a wholly owned subsidiary of World Fuel Services Corporation (INT). The deal was...

Spain's integrated oil and gas company, Repsol YPF, S.A. (REP) has joined hands with Petrobras Colombia Limited, the local unit of Brazil's Petroleo Brasileiro (PBR or Petrobras) and Colombian state oil firm Ecopetrol SA (EC) for an oil exploration project in the country. The deal is pending...

Spain's integrated oil and gas company, Repsol YPF, S.A. (REP) has joined hands with Petrobras Colombia Limited, the local unit of Brazil's Petroleo Brasileiro (PBR or Petrobras) and Colombian state oil firm Ecopetrol SA (EC) for an oil exploration project in the country. The deal is pending...

The U.S. Energy Department's weekly inventory release showed a larger-than-expected drop in crude stockpiles, while gasoline and distillate supplies climbed steeply. Meanwhile, refinery run-rates were up slightly from the previous week. The Energy Information Administration (“EIA”) Petroleum...

The U.S. Energy Department's weekly inventory release showed a larger-than-expected drop in crude stockpiles, while gasoline and distillate supplies climbed steeply. Meanwhile, refinery run-rates were up slightly from the previous week. The Energy Information Administration (“EIA”) Petroleum...

Tesoro Logistics LP – a newly formed subsidiary of independent refiner Tesoro Corporation (TSO) – said that it has filed a preliminary registration statement with the Securities and Exchange Commission for a proposed initial public offering (“IPO”) of its units representing limited partner...

Tesoro Logistics LP – a newly formed subsidiary of independent refiner Tesoro Corporation (TSO) – said that it has filed a preliminary registration statement with the Securities and Exchange Commission for a proposed initial public offering (“IPO”) of its units representing limited partner...

Analysts at BofA/Merrill downgrade Genesis Energy LP (NYSE: GEL) from “buy” to “neutral.” The target price for GEL is set to $27. GEL shares fell 2.34% to close at $26.69 yesterday. More Analyst Ratings here

On CNBC's Fast Money, Joe Terranova recommended a long position in CVR Energy, Inc. (NYSE: CVI). He added that investors should not give up on the refining trade. CVR Energy, Inc. (CVI) fell 5.54% today, and closed at $14.65. Tim Seymour said that AMEX GOLD BUGS INDEX (HUI) has a little more to go...

Markets greeted investors with New Year wishes as they closed higher and major benchmarks set new records on Monday. Robust growth in manufacturing and a better-than-expected construction spending report helped the indices post significant gains. Investors can take lot of heart from this positive...

Markets greeted investors with New Year wishes as they closed higher and major benchmarks set new records on Monday. Robust growth in manufacturing and a better-than-expected construction spending report helped the indices post significant gains. Investors can take lot of heart from this positive...

Since late August when the Federal Reserve Bank Chairman Ben Bernanke announced his quantitative easing plan the entire stock market has inflated sharply higher. One industry group that has soared higher has been the oil refiner stocks. This sector has seen very significant gains and remains strong...