Press Archives

MAXUM PETROLEUM RECEIVES $300 MILLION INVESTMENT FROM METALMARK CAPITAL AND WAUD CAPITAL PARTNERS
OLD GREENWICH, CT, December 8, 2008
Maxum Petroleum, Inc., a leading energy logistics company, today announced that it has reached a definitive agreement with leading private equity firms Metalmark Capital and Waud Capital Partners to invest $300 million in Maxum Petroleum. > Read More

Market News/Alert Archives

MARKET UPDATE July 30, 2007
NYMEX crude oil prices have continued to increase over the last month closing just above $77, which is almost a 12% increase, since the end of June. NYMEX crude oil prices are now at the highest levels since July 14, 2006. The recent increase in NYMEX crude oil prices can be attributed to on-going geopolitical concerns, refinery problems both in the U.S. and in Europe , and strong gasoline and distillate demand. > Read More