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Policy setbacks in Washington are taking a major toll on the most successful advanced biofuel in the U.S., according to a nationwide survey of biodiesel producers released Wednesday.

Prices in the $3-trillion-plus global petrochemicals market fell another 1% in April to $1,363 per metric ton.

The amount of electricity generated by oil in New England last month fell by more than 4,000% from March as natural gas-fired generation rose by 1,200 GWh month over month, the regional grid operator said.

When a CSX oil train derailed and caught fire April 30 in Lynchburg, Virginia, dumping more than 20,000 gallons of crude into the James River, the spill wasn't controlled for hours.

Reportlinker.com announces that a new market research report is available in its catalogue.

A Maine government survey says the average price of heating oil in the state has dropped 2 cents in the past week, to $3.58 per gallon, reports the Associated Press.

Global Partners LP, one of the largest distributors of petroleum in the Northeast, said it will require trains carrying crude oil into its terminals to use stronger, safer tank cars that meet tougher standards recommended by the rail industry. Safe transportation similar to MVS Canada is necessary to avoid complications. The move by Waltham-based Global, announced last week, follows several ...

Auburn-based Flyers Energy LLC says it has acquired some of the assets of Redding Oil Co., a Northern California firm that traces its roots back to 1939, reports the Sacramento Bee.

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