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Parliament votes to approve EU biofuels cap, provides closure

April 28, 2015

BY Ron Kotrba

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Colonial Oil Industries to purchase and retire 9 million RINs due to RFS violations

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Colonial Oil Industries Inc. will pay a $2.8 million civil penalty and purchase and retire 9 million RINs at an estimated price of $12.2 million under a settlement agreement reached with the EPA and Justice Department related to CAA violations.

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