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...Independent oil refiners Marathon, Phillips 66 and HollyFrontier are also pursuing projects. Some oil companies are adding agricultural processing to their assets....
...HollyFrontier called California the “key driver of demand” as it aims to produce more than 200m gallons a year of renewable diesel....
...HollyFrontier, a refiner in the US, recently converted its plant in Wyoming to biodiesel. Eni and Total may do the same with plants in Europe, said UBS....
...Within the top ten of median salaries are Phillips 66, with a median salary of $197,000, Valero and HollyFrontier....
...Hyundai to return £8bn in capital to shareholders (FT) Battle lines drawn in Sainsbury-Asda probe (FT) MUFG/Morgan Stanley: one good turn (Lex) Amazon reaps $2bn-plus from NY, Virginia and Tennessee (FT) HollyFrontier...
...That helps explain relatively modest gains for refiners outside the Gulf such as Andeavor and HollyFrontier. US gasoline inventories were already above five-year seasonal averages....
...This week, HollyFrontier, the independent petroleum refiner, sold $250m of triple-B minus paper, a single notch above junk....
...The group follows in the footsteps of Anadarko Petroleum, HollyFrontier, Total System Services and finance subsidiaries of Ford Motor and Hyundai — all of which carry a rating between triple-B plus and triple-B...
...Oil companies Rosneft, Whiting Petroleum, Oil India and HollyFrontier were asked to improve their reporting on climate change....
...However, Mr Rhodes said that other holdings whose share prices have fallen — such as the Canadian energy product haulage company Gibson Energy, methanol supplier Methanex and refiner HollyFrontier — are...
...Valero, which also runs ethanol plants, closed 4.7 per cent higher, while HollyFrontier was up 6.1 per cent, Marathon was up 5.2 per cent and Phillips 66 was up 2.9 per cent....
...Shares of companies such as Valero Energy, HollyFrontier and PBF Energy have fallen amid worries about their exposure to the surging cost of credits used to comply with ethanol and biodiesel mandates....
...Shares in Dallas-based HollyFrontier, which has refineries in Kansas, Wyoming, New Mexico, Oklahoma and Utah, more than doubled last year....
...Mike Jennings, chief executive of oil refiner HollyFrontier, last month said the RIN market had become a “casino” for commodity brokers and hedge funds....
...HollyFrontier, a central US refiner that has enjoyed fat profit margins largely thanks to stranded inland crude markets, believes the wide spread is here to stay as production keeps outpacing pipeline projects...
...Mr Icahn has said strategic buyers could include Valero Energy, ConocoPhillips, Western Refining, HollyFrontier, Tesoro and Marathon Petroleum, and that he will sell the company for a premium....
...CVR Energy fell 16.3 per cent, HollyFrontier was down 10 per cent and Western Refining dropped 13.5 per cent....
...HollyFrontier , which is almost completely dependent on WTI crude, fell 14.4 per cent to $24.38. Other refiners were affected. Shares in Tesoro fell 16 per cent to $23.69....
Indices open lower but remain up for the month
...Shares of refiners such as CVR Energy, Delek, HollyFrontier and Western Refining have surged between 75 and 130 per cent year-to-date, well above the 10-15 per cent rise of better-known oil companies such...
...The new company, HollyFrontier, will have a combined market cap of about $6bn and about $1bn net debt, the two said on Tuesday....
...The new company, which will be named HollyFrontier, will have a combined market capitalisation of about $6bn and approximately $1bn net debt, the companies said in announcing the deal on Tuesday....
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