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Home » News » Financial News - Q1 2010

Financial News - Q1 2010

Sinopec aims to increase fuel oil market share
30 Mar 2010 08:41 GMT
Asia's leading refiner says that 'greater efforts' will be made to increase sales of fuel oil.

Narrowing losses for emulsion fuel specialist
30 Mar 2010 07:57 GMT
After-tax losses down from the previous year during the last six months of 2009.

Agreement to buy Shell NZ downstream assets
29 Mar 2010 07:41 GMT
Deal includes the acquisition of marine fuel supply facilities and a stake in the Marsden Point oil refinery.

COSCO Intl plans to expand bunker business
24 Mar 2010 07:22 GMT
Shipping group plans to 'actively expand' into new business areas related to the sale of marine fuel.

Kasbar enters into stock trading plan
17 Mar 2010 08:53 GMT
World Fuel Services President to sell company stock in newly-adopted plan for 2010.

Vopak profit up by 20 percent in 2009
12 Mar 2010 10:45 GMT
Terminal operator says results are due to capacity growth, developments of new terminals and improvements in operational efficiency.

Bunker hedging without liquidity risk
08 Mar 2010 12:13 GMT
Danish firm explains how fuel risk managers can protect themselves against rising prices.

World Fuel Services declares cash dividend
04 Mar 2010 13:27 GMT
Quarterly cash dividend follows 20 percent rise in Q4 2009 net income.

Andatee records 89 percent sales rise in 2009
03 Mar 2010 08:11 GMT
Chinese supplier expects 'strong growth' in 2010 following 334 percent increase in net income.

WFS net income up 12 percent in 2009
26 Feb 2010 06:47 GMT
Leading fuels specialist records a $12.1 million increase in net income in 2009.

Chemoil: 75.6% drop in net profit in 2009
25 Feb 2010 12:52 GMT
Net profit decreases to $11.5 million as sales revenue falls by 33.6 percent in 2009.

Aegean: $8.6 million rise in net income in 2009
25 Feb 2010 10:27 GMT
Results led by a 19.1 percent increase in sales and 9.6 percent rise in the gross spread on marine petroleum products.

WFS to hold conference call and webcast
17 Feb 2010 07:47 GMT
Management team to discuss the company's fourth quarter and year-end 2009 results.

Aegean to hold conference call and webcast
15 Feb 2010 11:34 GMT
Bunker supplier to discuss fourth quarter 2009 results in February.

OW Bunker recommends traditional hedging products for Q1 2010
15 Feb 2010 10:20 GMT
Bunker firm advises clients to use swaps and physical fixed prices for the first quarter of 2010.

New ownership structure planned for Statoil
08 Feb 2010 10:11 GMT
Board of directors to evaluate new ownership structure for the group's energy and retail business.

World Fuel Services seeks $4.3m payment
04 Feb 2010 08:31 GMT
Court filing states that Iraq failed to pay for a portion of the goods supplied by Tramp Oil in 2006.

Drop in net earnings for US barge operator
01 Feb 2010 12:26 GMT
Fuel oil transportation firm sees net income fall by 24 percent during the fourth quarter.

Barge operator posts $4.2 million net loss
28 Jan 2009 13:02 GMT
$7.8m drop in net income is attributed to a reduction in net utilization related to the retirement of its single-hull vessels.

Andatee shares slide 8.4% in NASDAQ debut
27 Jan 2010 07:07 GMT
Supplier's shares slip after IPO prices at low end of expected trading range.

Andatee China to ring NASDAQ bell
26 Jan 2010 09:31 GMT
Company Chairman and CEO to ring NASDAQ stock market opening bell later today.

Aegean announces exercise of option to buy additional shares
26 Jan 2010 06:30 GMT
Underwriters exercise option to purchase additional common shares.

Aegean announces pricing of public offering
22 Jan 2010 07:04 GMT
Bunker supplier prices public offering of common shares ahead of sale next week.

Stebbins sells 64,000 WFS shares
20 Jan 2010 06:53 GMT
WFS CEO sells 64,000 shares in five days as part of pre-arranged stock trading plan.

Aegean announces proposed share offering
20 Jan 2010 00:02 GMT
Supplier intends to offer 3.9 million shares of its common stock to fund acquisitions.

Andatee China IPO scheduled for next week
14 Jan 2010 17:08 GMT
Andatee China Marine Fuel Services is set to make its NASDAQ debut in seven days.

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