In New York, Metro Fuel Oil Corp., Metro Biofuels and eight other subsidiaries have filed for bankruptcy but seek to ensure customers and vendors that deliveries will not be affected. The company was granted access to immediate financing of $3 million and seeks to borrow $10 million during the bankruptcy period. Metro Fuel Oil Corp. operates in the New York metro area, producing and delivering bioheat, biodiesel, heating fuel, ultra low sulfur diesel fuel, natural gas and gasoline.
Category: Fuels