Biofuels
Two Florida men convicted and sentenced in biodiesel fraud scheme
Two men have been convicted of participation in a multi-state scheme to defraud biodiesel buyers and US taxpayers by fraudulently selling biodiesel credits and fraudulently claiming tax credits.
BP announces investment of $30 MM in biojet producer Fulcrum
BP subsidiaries BP Ventures and Air BP businesses have created a strategic partnership with Fulcrum BioEnergy, a pioneer in the development and production of low-carbon jet fuel, in which BP will invest $30 MM.
Business Trends: Global refining overview—Part 3
<i>Hydrocarbon Processing</i> continues its series on the global refining industry. This series provides a detailed outlook on the state of the global refining sector, active and new project developments, and an overview of major refining trends in each region. Part 3 provides an overview of the refining sectors of Canada, Latin America and the US.
Editorial Comment: Unintended regulatory consequences: Lessons learned
Over my 40-yr professional career in the oil and gas processing, refining and petrochemical industries, I have seen many well-intended government regulations completely backfire, cause irrational responses or get lip service.
Iowa ethanol plant fire contained
Southwest Iowa Renewable Energy has contained a fire that occurred in the ethanol load out portion of SIRE's ethanol plant October 7.
US EPA files complaint regarding alleged Renewable Fuel Standard violations
The US EPA and the US Department of Justice filed a complaint against NGL Crude Logistics and Western Dubuque Biodiesel to address alleged violations of the Renewable Fuel Standard.
Glencore unit to pay $27 million for biofuels compliance
Glencore’s bunker fuel unit has agreed to pay a $27 MM penalty and retire over $71 MM worth of credits for compliance with the US biofuels program to resolve charges it violated the policy.
Iowa State, Chevron team up to develop pilot plant, advance biofuel technology
Iowa State engineers are working with Chevron to develop a pilot plant and study an advanced biorenewables technology called solvent liquefaction.
Neste to co-chair EU initiative for advanced biofuels in aviation
Henrik Erämetsä, Head of Aviation Regulation at Neste, has been appointed Co-Chair of the EU initiative 'the European Advanced Biofuels Flightpath' as a representative of the biofuels industry.
Brazil's Petrobras to exit biofuels production
Brazil's state-controlled oil company Petróleo Brasileiro SA said it will exit the biofuels sector, as the heavily indebted company seeks to prioritize investment in crude oil and gas production.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
