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QKI Emulsion Inc. Announces Commercial Partnerships and Letters of Intent Following Philippine Government Approval of QKI White Diesel Technology
Accessnewswire· 2026-02-10 16:15
NEW YORK, NY / ACCESS Newswire / February 10, 2026 / QKI Emulsion Inc. (OTCID:QKIE) ("QKI Emulsion" or the "Company"), a Nevada corporation headquartered at 477 Madison Avenue, New York, NY, today announced that, following formal approval by the Department of Science and Technology - Industrial Technology Development Institute (DOST-ITDI) of the Philippines for the commercialization of its QKI White Diesel Emulsion fuel technology, the Company has entered into a commercial partnership with SAZ Fuel Trading ...
BMO replaces Air Miles with new Blue Rewards program
MoneySense· 2026-01-28 06:47
Air Miles program members can continue to use their collector cards, and their miles will automatically convert to “Blue Points” at an equivalent value upon this summer’s launch, with no action required. BMO Air Miles credit and debit card holders can also continue using their cards uninterrupted and will receive more program details in the coming months.BMO revamps Blue Rewards with simpler, personalized perksThe bank said Blue Rewards will feature a simplified booking experience for flights, hotels, and c ...
Glencore buys majority stake in Dutch fuel company FincoEnergies
Reuters· 2025-12-22 14:15
Core Viewpoint - Global commodities trader and miner Glencore has agreed to acquire a majority stake in Dutch fuel supplier FincoEnergies for an undisclosed sum [1] Company Summary - Glencore is expanding its portfolio by acquiring a majority stake in FincoEnergies, indicating a strategic move to enhance its presence in the fuel supply sector [1] - The financial details of the acquisition remain undisclosed, which may suggest a focus on strategic alignment rather than immediate financial metrics [1] Industry Summary - The acquisition reflects ongoing consolidation trends within the commodities and fuel supply industries, as companies seek to strengthen their market positions [1] - Glencore's move may signal increased competition in the fuel supply market, potentially impacting pricing and supply dynamics [1]
3rd generation takes leadership roles at Englefield
Yahoo Finance· 2025-09-25 10:00
Core Insights - Englefield, parent company of Duchess Convenience Stores, has appointed F.W. "Will" Englefield V and Ashley Englefield DeWitt as presidents of Englefield Energy and Englefield Retail respectively, marking a leadership transition to the third generation of the Englefield family [1][2][3] Leadership Transition - The new executives represent the third generation of the Englefield family in leadership roles, with their fathers, F.W. (Bill) Englefield IV and Ben Englefield, still leading the broader company [2] - Bill and Ben Englefield expressed excitement about the new leadership roles, emphasizing the company's 60-year legacy and the importance of transitioning leadership to the next generation [3] Executive Roles and Responsibilities - Ashley Englefield DeWitt will oversee the Duchess convenience store chain, which operates in Ohio and West Virginia, along with other entities such as Royal Craft Kitchen and Taco Bell franchises [3][4] - DeWitt has over 17 years of experience with Englefield, having progressed from division manager to her current role, and expressed honor in leading the Duchess division [4] - Will Englefield will manage the company's fuel, propane, and lubricants divisions, which include five warehouses and approximately 100 trucks [4]
X @Bloomberg
Bloomberg· 2025-08-18 06:46
Australia’s top fuel supplier Ampol warned the country risks falling behind on renewable fuels, with investment in local production hinging on policy support through incentives or demand mandates https://t.co/NgTVH4AQYA ...
Festi hf.: Financial results for Q1 2025
Globenewswire· 2025-04-29 17:08
Core Insights - The company reported a strong performance in Q1 2025, with sales of goods and services reaching ISK 37,786 million, a year-on-year increase of 17.3% [4] - Profit for the quarter amounted to ISK 279 million, reflecting a 35.2% increase from the previous year [4] - The EBITDA guidance for the year 2025 remains unchanged at ISK 14,400 – 14,800 million [4] Financial Performance - Sales of goods and services increased by 17.3% year-on-year, with a 3.0% increase when excluding the impact of Lyfja [4] - The profit margin improved to 24.4%, up by 2.6 percentage points from Q1 2024 [4] - Operating expenses rose by 28.9% year-on-year, while the number of full-time equivalents increased by 281 [4] Strategic Developments - The company plans to open a new store in Reykjanesbær and close a smaller store in the same area [4] - An acquisition of property in Hafnarfjörður was made to secure key locations for future development [4] - New fuel pumps will be opened at Fiskislóð, with closures at Ægissíða as part of an agreement with the City of Reykjavík [4] Market Outlook - The company anticipates a good outlook for the summer season, which is critical for its operations [6] - Despite uncertainties in global markets due to tariff increases and policy changes, management believes the impact on operations will be minimal [6] - The company emphasizes strong foundations and technical infrastructure, indicating confidence in navigating market challenges [6]