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Renewable fuel company Pacific Ethanol gets $9.9 million PPP loan after sales plummet

Sacramento-based renewable fuel company Pacific Ethanol Inc. received a $9.9 million loan under the federal government's Paycheck Protection Program to retain employees, after cutting production of fuel ethanol by 60% at the worst part of the pandem.....»»

Category: topSource: bizjournalsMay 14th, 2020

Plunging oil prices, coronavirus fuel budget crisis in petroleum-rich Alaska

The oil and gas industry is responsible for about 16 percent of state revenue and tied to 77,000 jobs with $4.8 billion in wages a year......»»

Category: topSource: foxnewsMay 9th, 2020

The coronavirus effect on North Dakota shale oilfields: "Like watching a train wreck"

With businesses locked down and billions of people staying at home, demand for oil to fuel cars, planes and industry has dropped around 30 percent worldwide......»»

Category: topSource: foxnewsMay 4th, 2020

Exclusive: Argentina plans higher local oil price to protect sector amid rout - sources

Argentina plans to issue a decree setting a higher local oil barrel price to protect the domestic industry from being further decimated by crashing global prices and slumping fuel demand during the coronavirus pandemic, two industry sources told Reuters......»»

Category: topSource: reutersApr 23rd, 2020

Coronavirus to fuel gold-miner deals: Barrick Gold CEO

The gold mining industry has 14 so-called tier-one assets and Barrick already has six of them, including three in Nevada, two in Africa and one in the Dominican Republic......»»

Category: topSource: foxnewsApr 7th, 2020

Oil refiners face reckoning as demand plummets

The global oil refining industry is facing a reckoning from falling fuel demand that is the deepest and fastest ever......»»

Category: topSource: reutersApr 2nd, 2020

Trump says energy industry poised to recover

The pandemic has caused fuel demand to plunge as travel stalls and people stay put.....»»

Category: topSource: foxnewsMar 27th, 2020

Ten signs the oil industry is bent out of shape

The oil industry has been hit by a simultaneous demand and supply shock in March as the coronavirus pandemic cuts fuel consumption and top producer Saudi Arabia raises output to full capacity to fight a price war with rivals......»»

Category: topSource: reutersMar 26th, 2020

Is The Sun Still Shining For The Solar Industry?

The solar industry became a true star in the energy sector. The United States, as a traditional fossil fuel consumer, turned to the solar industry more decisively in 2019. read more.....»»

Category: blogSource: benzingaMar 20th, 2020

Trump’s coronavirus plan includes industry bailouts that Republicans once opposed

Trump’s coronavirus plan includes industry bailouts that Republicans once opposed.....»»

Category: topSource: washpostMar 18th, 2020

China Big Fund in 2nd phase to fuel chip industry

China's National Integrated Circuit Industry Investment Fund (Big Fund) is about to kick off its second-phase capital support for the local chip industry, according to industry sources......»»

Category: topSource: digitimesMar 18th, 2020

Energy industry faces a reckoning as oil prices crash

The oil collapse calls into question the ability of U.S. producers to pay a tab rung up with bondholders and banks to fuel a price war with OPEC......»»

Category: worldSource: nytMar 10th, 2020

Pacific Ethanol shares plunge with oil market, reversal of Trump policy

Shares in Sacramento-based Pacific Ethanol Inc. sank even worse than the market indices Monday on a string of bad news for the ethanol industry. The past four days have seen reports of declining fuel use, falling crude oil prices and the reversal o.....»»

Category: topSource: bizjournalsMar 9th, 2020

Jet Fuel Prices Dive Amid Stalling Aviation Industry; Global Tourism Bust Imminent

Jet Fuel Prices Dive Amid Stalling Aviation Industry; Global Tourism Bust Imminent Airlines have canceled more than 200,000 flights as Covid-19 is nearing pandemic status. More than 92,300 people ha.....»»

Category: blogSource: zerohedgeMar 4th, 2020

Stringer: McCray needs to account for ‘suspect’ Thrive spending

JPMorgan Chase & Co, long a target of public scrutiny for its relationship with the fossil-fuel industry, is getting more serious about the impacts of the . The bank’s annual regulatory report added... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020

Taxi drivers meet with firm that purchased massive medallion portfolio

JPMorgan Chase & Co, long a target of public scrutiny for its relationship with the fossil-fuel industry, is getting more serious about the impacts of the . The bank’s annual regulatory report added... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020

Sea wall plan shelved weeks after being mocked by Trump

JPMorgan Chase & Co, long a target of public scrutiny for its relationship with the fossil-fuel industry, is getting more serious about the impacts of the . The bank’s annual regulatory report added... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020

Michael Hertz—whose firm designed subway map—dies at 87

JPMorgan Chase & Co, long a target of public scrutiny for its relationship with the fossil-fuel industry, is getting more serious about the impacts of the . The bank’s annual regulatory report added... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020

Judge rules against Two Bridges development

JPMorgan Chase & Co, long a target of public scrutiny for its relationship with the fossil-fuel industry, is getting more serious about the impacts of the . The bank’s annual regulatory report added... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020

JPMorgan warns investors it may get walloped by climate change

JPMorgan Chase & Co, long a target of public scrutiny for its relationship with the fossil-fuel industry, is getting more serious about the impacts of the . The bank’s annual regulatory report added... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020