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Why Are Ethanol Plants Losing Profit?

2013-03-11 13:29:00| Corn & Soybean Digest

Source: Farmgate blog Profit margins for the ethanol industry have been in negative territory for 2012, resulting in the closure of more than 20 refineries. The cause of the problem is the high cost of corn, due to the drought-shortened crop and the inability to find adequate supplies of corn to continue refining. The U.S. ethanol mandate is keeping production going, despite the economics, and without that, ethanol content in gasoline would be cut to 3-5%. read more

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Occidental Losing Irani Portends Breakup: Real M&A

2013-03-02 07:29:04| Energy - Topix.net

Occidental Petroleum Corp. will lose its two-decade leader Ray Irani next year, freeing the $66 billion energy company to sell its operations outside the U.S. and boost one of the industry's worst valuations.

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Occidental Losing Irani Portends Breakup: Real M&A

2013-03-02 06:46:28| Oil & Gas - Topix.net

Occidental Petroleum Corp. will lose its two-decade leader Ray Irani next year, freeing the $66 billion energy company to sell its operations outside the U.S. and boost one of the industry's worst valuations.

Tags: real losing occidental breakup

 

Russia 'losing billions illegally'

2013-02-21 12:59:16| BBC News | Business | UK Edition

Russia's central bank governor Sergei Ignatiev says that $49bn (33bn), or 2.5% of GDP, left the country illegally last year.

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Ruh-Roh: Apple 'Losing Its Cool,' Says Woz

2013-02-21 01:34:40| PC Magazine Notebooks Product Guide

Apple still enjoys 'critical mass of loyal users' but needs a new game-changing product -- smarwatch, anyone? -- or risk losing out to rivals, Steve Wozniak tells Bloomberg.

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