Ricker rebranding 17 Indianapolis convenience stores
Anderson-based Ricker Oil Co. is changing the name on the ampm shops, which it acquired in 2008 from a division of oil giant BP, to match the remainder of its 50 Indiana stores.
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Hulman family plans oil drilling near Terre Haute
The Vigo County planning commission on Wednesday approved zoning changes to allow drilling on about six acres owned by the Grace Hulman Real Estate Trust and Anton Hulman Jr. Real Estate Trust.
Indianapolis-based Xylogenics licenses yeast strain to ethanol producer
Xylogenics claims its yeast strain, developed at the Indiana University School of Medicine, can increase yields and lower
costs of producing corn ethanol.
Local racing-fuel supplier expands territory to 26 states
National Biofuels Distribution LLC, a subsidiary of Carmel-based Telamon Corp., signs two distribution contracts to expand
its distribution reach. The company began marketing its ethanol-based racing fuel, Ignite, about a year ago.
Oil, gas investment firm targets downstate potential
Midwest Energy Partners will back two oil/gas producers. New technologies could stoke investor returns from wells in Illinois
Basin, where production peaked decades ago.
Environmental services firm to build $40M refinery
Heritage-Crystal Clean Inc. plans to build an oil re-refinery in Speedway, creating as many as 75 new jobs by 2013.
Biofuels company Poet to reopen Cloverdale ethanol plant
Poet LLC plans to reopen the former Altra Biofuels plant in nine months, creating as many as 45 jobs.
Promising ethanol yeast nears market launch
A firm that may have developed a breakthrough yeast for ethanol production has landed new investment and high-octane board
members. Two-year-old Xylogenics Inc. also says it plans to license its first bioengineered yeast later this year.
Indiana biofuel firm strikes ethanol licensing deal
A Purdue University-based company has reached a deal giving Chinese and Danish firms access to a patented product that makes
it easier to turn wood chips, grasses and other agricultural wastes into ethanol.
CountryMark acquires oil wells in southern Indiana
Indianapolis-based CountryMark, a co-op that provides fuel to farmers, has acquired 600 oil wells and other assets in the
Illinois basin.
Ethanol doubles its efforts in effort to keep subsidies
For years, ethanol fuel derived from corn was almost politically untouchable, thanks to powerful advocates on Capitol Hill.
The ethanol industry has consequently exploded over the last decade, thanks to government subsidies and incentives. But skepticism
about ethanol is rising, prompted by fluctuating food prices and an organized campaign by anti-ethanol advocates to discredit
the industry.
Indianapolis to demonstate plug-in electric vehicles
City will be among first to conduct demonstration of several plug-in electric vehicles prior to their market
launch next year.
Pickens’ natural-gas plan may prove boon to truck builders
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
Anderson gas-station chain sues BP after 32-store deal sours
Ricker Oil’s Oct. 22 suit claims British petroleum giant BP is charging unjustified royalty fees while delivering no boost
from its national advertising, its proprietary IT system or its bulk purchase pricing.
Remy unveils ‘off the shelf’ electric motor
Pendleton-based Remy International today formally unveiled its ‘off the shelf’ electric motors for hybrid vehicles.
Local truck dealer strikes deal for big daddy of hybrids
Indianapolis truck dealer Utility-Peterbilt leased its first hybrid medium-duty truck this summer after enduring months of
tire-kicking but no action from fleet buyers and plenty of interest from television-news types.
Ballard trip to explore clean energy
Indianapolis Mayor Greg Ballard and other city officials will travel to Brazil in May to explore renewable-energy production,
in hopes of making the city a leader in the technology.
Quest for new rocket fuel leads scientists to kitchen
At Purdue University, the quest for a new missile and spacecraft fuel has
brought together an oil-and-vinegar mix of rocket scientists and food scientists.
Potent potential for ethanol?
Poet Biorefining has four more Indiana ethanol plants on the drawing board, but they’ll stay on paper until capital markets
and demand for the biofuel improve, an executive of the South Dakota company said on a recent trip to Indianapolis
Fund to fuel ethanol use out of gas
A state fund supporting an 18-cent-a-gallon tax credit for gas stations selling E85 ethanol was exhausted in the first three
months of the state’s new fiscal year.