Americas
U.S. lawmaker to re-introduce bipartisan bill to get EV industry into biofuel program
A U.S. Democratic lawmaker plans to reintroduce a bipartisan bill next month that would allow electricity generated from renewable biomass to qualify for credits under the nation's biofuel blending program.
Utilizing various feedstocks to progress SAF production
At Honeywell Users Group 2023, Naved Reza, Director, Business Development Sustainable Technology Solution for Honeywell UOP, delivered a presentation titled "Increasing SAF feedstocks to scale production and decarbonize aviation.”
Oil resumes slide on demand worries after latest rate hikes
Oil dropped over 2% and was heading for a weekly decline, as a UK interest rate hike added to concern over economic growth that outweighed lower U.S. crude stocks and other signs of tighter supplies.
U.S. crude inventories post surprise draw, fuel stocks rise
U.S. crude stocks fell while gasoline and distillate inventories rose, the Energy Information Administration said.
Palm falls for second day on smaller-than-expected US biofuel mandate
Malaysian palm oil futures fell for a second day following news of a U.S. plan to implement a smaller biofuel mandate than it had initially proposed.
U.S. EPA finalizes biofuels blending mandates
The Biden administration has increased the amount of biofuels that oil refiners must blend into the nation's fuel mix over the next three years, but the plan includes lower mandates for corn-based ethanol than it has initially proposed, the administration announced.
Oil extends declines on China growth woes, firmer dollar
Oil prices weakened, extending falls to a third straight day, as the dollar strengthened on a U.S. housing market recovery while fears persisted that monetary stimulus may not be enough to revive growth in China.
U.S. boosts biofuel mandates over next 3 years, but biofuel groups feel shortchanged
The Biden administration increased the amount of biofuels that oil refiners must blend into the nation's fuel mix over the next three years, but the plan has angered the biofuel industry, which says mandates for corn-based ethanol and biodiesel are not high enough.
Canada retools inflation baskets, more focus on food, gas prices
Canada's national statistics agency revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes in the prices of food and gasoline.
SASA Polyester Sanayi A.S. to build propane dehydrogenation unit In Turkey using Honeywell Oleflex Tech
Honeywell announced that SASA Polyester Sanayi A.Ş. will build the world’s largest Propane Dehydrogenation unit in Yumurtalık, Türkiye using the latest generation of Honeywell Oleflex technology.
- Dow Chemical, Innventure to collaborate on waste-to-value platform 12/19
- Technip Energies, LanzaTech awarded U.S. DOE funding for breakthrough CO2-to-ethylene technology 12/19
- Verde Clean Fuels receives $50-MM investment from Cottonmouth Ventures for the potential development of GTG plants in the Permian Basin (U.S.) 12/19
- India to surpass China as the top source of global oil consumption growth in 2024 and 2025 12/19
- Neste to supply SAF to Air New Zealand marking the airline’s largest purchase of SAF to date 12/19
- KazAzot to use KBR tech for Kazakhstan's first world-scale fertilizer complex 12/19
