Latest crude oil Stories

All financial figures are unaudited and in Canadian dollars (CDN$) unless noted otherwise.  All financial statements have been prepared in accordance with International Financial Reporting Standards ("IFRS"). This news release includes forward-looking statements and information within the meaning of applicable securities laws.  Readers are advised to review "Forward-Looking Information and Statements" at the conclusion of this news release.  Readers are also referred to...

DALLAS, Aug. 8, 2012 /PRNewswire/ -- Alon USA Energy, Inc. (NYSE: ALJ) ("Alon") today announced results for the second quarter of 2012. Net income for the second quarter of 2012 was $43.1 million, or $0.77 per share, compared to net income of $13.7 million, or $0.25 per share, for the same period last year. Excluding special items, Alon recorded net income of $35.2 million, or $0.63 per share, for the second quarter of 2012, compared to net income of $16.7 million, or $0.30 per...

/PRNewswire/ -- Universal Lubricants (UL), a manufacturer and distributor of premium lubricants, announced today that Superior Honda of Omaha has reached the two year endorsement milestone supporting ECO ULTRA®. Superior Honda of Omaha, a recipient of the Honda President's Award for eight consecutive years, recommends ECO ULTRA as a preferred product because of its dual focus on sustainability and performance excellence. The dealership has performed more than 2,000 oil changes...

SUGAR LAND, Texas, Aug. 1, 2012 /PRNewswire/ -- CVR Energy, Inc. (NYSE: CVI), a refiner and marketer of petroleum fuels and the majority owner in nitrogen fertilizer manufacturer CVR Partners, LP (NYSE: UAN), today reported second quarter 2012 net income of $154.7 million, or $1.75 per fully diluted share, on net sales of $2,308.3 million, compared to second quarter 2011 net income of $124.9 million, or $1.42 per fully diluted share, on net sales of $1,447.7 million. (Logo:...

TULSA, Okla., Aug. 1, 2012 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) today reported record operating profit of $167.3 million for second quarter 2012 compared to $128.7 million for second quarter 2011, and net income was a record $137.8 million for second quarter 2012 compared to $103 million for second quarter 2011. Diluted net income per limited partner unit was also a quarterly record of $1.22 in second quarter 2012 versus 91 cents in the corresponding 2011...

INDIANAPOLIS, Aug. 1, 2012 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," the "Company," "Calumet," "we," "our" or "us") reported net income for the quarter ended June 30, 2012 of $65.7 million compared to a net loss of $7.7 million for the same quarter in 2011. These results include $15.3 million of noncash unrealized derivative losses as compared to both $14.4 million of noncash debt extinguishment costs and $3.1 million of...

OKLAHOMA CITY, July 26, 2012 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) announced today it expects to report record total production of 94,852 barrels of oil equivalent per day (Boepd) for the second quarter ended June 30, 2012, a 76 percent increase over production of 53,984 Boepd for the second quarter of 2011. (Logo: http://photos.prnewswire.com/prnh/20120327/DA76602LOGO) The Company's strong second quarter production represents an 11 percent increase over...

TULSA, Okla. and HOUSTON, July 11, 2012 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) and Occidental Petroleum Corporation (NYSE: OXY) announced today a one-week extension of their binding open season initiated on June 11, 2012 to solicit capacity commitments from shippers to transport crude oil from Colorado City, Texas to the Houston Gulf Coast area on the proposed BridgeTex Pipeline. Binding commitments are now due on July 18, 2012. As previously announced,...

JOHANNESBURG, South Africa, June 28, 2012 /PRNewswire/ -- Sasol Limited (NYSE: SSL): Highlights for the period Sasol Synfuels delivers a strong third quarter performance and is on track to achieve production guidance of approximately 7,1mt for the full financial year. ORYX GTL achieves a new production record. Sasol Mining meets the Mining Charter BEE ownership requirements, ahead of the 2014 deadline. Dear Sasol stakeholder, In the first nine months of the 2012 financial year,...

DALLAS, June 20, 2012 /PRNewswire/ -- Murex N.A., Ltd. (Murex) and Cetane Energy, LLC (Cetane) are pleased to announce a crude oil railcar loading agreement. The companies will expand the existing Cetane facility, located in Carlsbad, New Mexico to add a crude oil storage tank and a 110-railcar, crude oil, unit train transloading facility. The agreement provides Murex with exclusive rights to Cetane's unit and manifest facilities. "We are pleased to be a partner with Cetane and...