October 3, 2016
BY Erin Krueger
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Sagepoint Logistics, a subsidiary of Sagepoint Energy, announced on Aug. 5 it has closed a senior secured financing with Power Sustainable Infrastructure Credit Manager L.P. (PSIC) to expand its dedicated truckload carrier fueled by RNG.
Phillips 66 on Aug. 5 reported the company’s renewable fuel segment achieved significantly higher pre-tax income during the second quarter due to higher regulatory credits from higher pricing and renewable fuels production.
Par Pacific Holdings Inc. released second quarter financial results on Aug. 5, reporting its Hawaii renewable fuels facility ramped up production during the three-month period after commencing operations in April.
LoCI Controls on Aug. 3 announced the launch of WellWatcher AI-powered Action Plan, a new diagnostic tool that helps landfill operators detect operational issues and opportunities earlier and deploy field resources efficiently.
bp on Aug. 4 announced plans to sell Archaea Energy, it’s U.S.-based biogas business less than four years after acquiring the company. The planned sale is part of a larger effort at bp to simplify and strengthen the company’s portfolio.