Biofuels
US renewable fuel credit prices drop after news of Trump's EPA pick
NEW YORK (Reuters) -- US renewable fuel credits used to comply with the country's biofuels requirements slumped on Thursday, continuing the previous session's decline on news that President-elect Donald Trump had picked a critic of environmental regulation to lead the Environmental Protection Agency (EPA).
CLG’s biofuels technology fuels US Navy test flight
RICHMOND, CA – Chevron Lummus Global (CLG) announced the deployment of its Biofuels ISOCONVERSION technology in a US Navy test flight. The US Navy EA-18G Green Growler test flight recently took place at the Naval Air Station Patuxent River, Maryland, and used ReadiJet (CHCJ-5) technology for fuel—a product derived from CLG’s Biofuels ISOCONVERSION process.
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.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
