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" ... Argor-Heraeus denied the accusations in a statement released Monday. The refiner asserts that it was cleared of money laundering allegations by an investigation performed by the United Nations, the Swiss State Secretariat for Economic Affairs and the Swiss Financial Market Supervisory Authority. ... "
" ... In Europe, Polish state refiner Lotos recently signed the country’s first contract to buy U.S. crude. Warsaw is also looking to diversify its oil and gas imports and escape from under the thumb of its neighbor, Russia. Poland had already inked a deal to buy U.S.-sourced liquefied natural gas (LNG), dealing a blow to Russia’s state-controlled Gazprom. The IEA predicts the U.S. could surpass Qatar and Australia as the world’s largest LNG supplier within a decade, which could further loosen Moscow’s grip over European and Asian markets. ... "
" ... Marathon Petroleum (MPC) is the largest independent refiner in the U.S. Its stock has had a rough go. It is down 14% in the past year, including a 1.5% decline in the fourth quarter. Turmoil in the Middle East is good for most oil-and-gas stocks, but a mixed blessing for refiners. After all, the price of their raw material increases when oil prices soar. ... "
" ... My comparison model for Aramco is Exxon Mobil whose roots date back to John D. Rockefeller’s roll-up of nascent Pennsylvania energy properties, late 19th century. Standard Oil of New Jersey prevailed as the industry powerhouse, low-cost producer and refiner, capable of driving out of business anyone that got in its way. Was it Teddy Roosevelt who broke them up? Let’s not forget, also, either the chop-up of AT&T, later on when its lucrative long-lines monopoly was divided into half a dozen regional stand-alones. ... "
" ... The EU summit coincided with the news that Poland’s state-run refiner, PKN Orlen, was buying local media group Polska Press from Germany’s Verlagsgruppe. ... "