US television personality Jay Leno, who is famous for his automobile collection and who recently wrote a comment titled ‘Can’t we just get rid of ethanol’ in Autoweek magazine, was the object of an immediate reply by two ethanol experts, according to a statement by the Renewable Fuels Association published March 6. Bob Reynolds, president…
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Lukoil buys 18 Auto Maas filling stations in Netherlands
Lukoil said on February 27 that it has bought 18 filling stations mainly in central and southern Netherlands from Auto Maas, a Dutch filling station operator, because it is part of the plans to “further expand its presence” in that country. “With this takeover in South Holland and North Brabant, Lukoil now further expands its…
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Sunoco says earnings rose after Aloha, MACS purchases
Sunoco said in a statement issued February 18 that its adjusted earnings before income, taxes and depreciation for 2014 totaled $65.5 million, of which approximately two-thirds was attributable to the acquisition of Mid-Atlantic Convenience Stores, L.L.C. ("MACS") and Aloha Petroleum, Ltd. ("Aloha") in early October and mid-December, respectively. “By comparison, adjusted EBITDA in the fourth…
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Solar & Wind Will Prove Cheapest Form Of Electricity In The Future
A new study has found that renewable energy systems will prove to be the most economically viable in the future, specifying that solar and wind will prove the cheapest forms of energy production for Asia’s largest energy markets by the end of the next ten years. The study, conducted by the Lappeenranta University of Technology, shows…
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