by Kevin Crowley (Bloomberg News) The world’s publicly traded independent oil producers will make record profits this year, surpassing the levels reached when crude hit an all-time high near US$150 a barrel more than a decade ago, according to Rystad Energy. Combined
Big Oil/Oil Majors
Back TO HOMEReaders React: Clean Energy Sources Support Green Jobs
by Carol Werner (Morning Call) A June 7 column criticized the Renewable Fuel Standard, reflecting arguments we’ve heard from oil refiners since the program launched in 2005. They were wrong then, and they are wrong now. Renewable fuels are a boon for
June 24, 2021 Read Full Article
EXCLUSIVE Farm Belt Lawmakers Push for Biofuel Investment and Tax Credits in New Bills
by Jarrett Renshaw (Reuters/AgWeb) Billions of dollars in federal investments and tax credits to boost demand for U.S. biofuels will be part of two bills that Democratic lawmakers will introduce to the U.S. Congress, two sources familiar with the plans said. Congress
June 22, 2021 Read Full Article
Exclusive: Biden Considers Giving Refiners Relief from U.S. Biofuel Laws, Sources Say
by Jarrett Renshaw nd Stephanie Kelly (Reuters) President Joe Biden’s administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is considering ways to provide relief to U.S. oil refiners from biofuel blending mandates, three
June 11, 2021 Read Full Article
Big Oil (Probably) Isn't Going Away Anytime Soon. But It's Definitely Changing
by Camila Domonoske (NPR) ... European companies – such as French multinational Total and British-based BP – are staking big bets on a pivot from oil to renewable power. Meanwhile, American giants are staking smaller sums of money on more nascent
June 09, 2021 Read Full Article
Top Biofuel Maker Eyes Garbage in Widening Feedstock Hunt
by Robert Tuttle and Kim Chipman (Bloomberg/Yahoo! Finance) Top Biofuel Maker Eyes Garbage in Widening Feedstock Hunt -- The world’s biggest renewable-diesel producer is looking to convert everything from tree limbs to landfill garbage into fuel for motor vehicles and planes
June 08, 2021 Read Full Article
The Renewable Fuel Standard Is Now President Biden’s to Fix
by Chet Thompson (Real Clean Energy/American Fuel & Petrochemical Manufacturers) ... AFPM members make approximately 10 percent of the ethanol produced in America, and over the last year U.S. refiners announced eight new renewable diesel projects. This focus on sustainability
June 08, 2021 Read Full Article
EXCLUSIVE-CVR Energy Explores Producing Sustainable Aviation Fuel -Sources
by Laura Sanicola (Reuters) U.S. billionaire Carl Icahn's CVR Energy Inc is exploring whether it can produce sustainable aviation fuel at its refineries, according to three sources familiar with the matter. Renewable fuels account for just a fraction of the fuel for
June 01, 2021 Read Full Article
Big Oil’s Tough Clean-Energy Transition Early Movers in Decarbonization Shift Offer a Glimpse of the Hard Times ahead for Exxon and Chevron
by Rochelle Toplensky (Wall Street Journal) ... Pressure on the petroleum industry to decarbonize is building on multiple fronts. U.S. oil giants that look at their more forward-thinking peers across the Atlantic for inspiration will find some lessons, but not easy
May 28, 2021 Read Full Article
10 Worlds That Shook This Day: 10 Different Worlds Shaken to Their Foundations by Events Taking Place around the World and within the Circular Economy
by Jim Lane (Biofuels Digest) ... Things move faster these days, and in the past 24 hours, we’ve had 10 different Worlds shaken to their foundations by events taking place around the world and within the Circular Economy. 1. United States announced
May 27, 2021 Read Full Article
Shell on Trial as Court Weighs Its Climate Responsibility
by Hugo Miller and Laura Hurst (Bloomberg/Financial Post) ... A Dutch court verdict against Royal Dutch Shell Plc will determine whether it has a legal responsibility for climate change, in a case that will be watched by Big Oil executives globally. A
May 27, 2021 Read Full Article
Why Latin America is the Middle East of Biofuel
(Lat Am Investor) ... However, as mining experts reveal elsewhere in this report, copper supply will be unable to replace every existing internal combustion engine with an EV by 2050. ... That means biofuels will also play an important role. Latin
May 24, 2021 Read Full Article
Phillips 66 Begins Renewable Diesel Production at San Francisco Refinery
by Ron Kotrba (Biobased Diesel Daily) Phillips 66 has completed the hydrotreater conversion at its Rodeo, California, petroleum refinery near San Francisco and has begun to produce renewable diesel. “Earlier this month, we commenced renewable diesel production at the San Francisco Refinery
May 21, 2021 Read Full Article
In Praise of the Federal Ethanol Regulations
by Geoff Cooper (Renewable Fuels Association/Wall Street Journal) The Renewable Fuel Standard deserves credit for reducing pump prices and saving Americans billions each year. -- Regarding your editorial “The Ethanol Gasoline Tax” (May 15): The 16-year-old law requiring oil refiners to blend renewable
May 20, 2021 Read Full Article
RFS: Can the Oil, Corn, and Biofuels Industries Find Middle Ground?
by Lisa Whitley Coleman (EHS Daily Advisor) The Renewable Fuel Standard (RFS) ends its current phase in 2022. The EPA has asked the oil, corn, and biofuels industries for input on the next phase of the biofuel policy, according to Reuters. ... “The
May 19, 2021 Read Full Article
Board Determines CVR Energy Will Focus on Renewable Fuels, Funds Renewable Diesel Projects
by Ron Kotrba (Biobased Diesel Daily) CVR Energy Inc.’s board of directors has determined that the company is no longer interested in acquiring another crude oil refinery and instead will focus on renewable fuels. As a result, the board has
May 18, 2021 Read Full Article
Bulk of Greenhouse Gas Reductions from Transport Sector in California Delivered by Renewable Diesel, Biodiesel
(Diesel Technology Forum) New data from California’s Low Carbon Fuel Standard (LCFS) Program confirms the substantial role of internal combustion engine technologies in CO2 reductions, outpacing EV technologies 3:1 -- Newly-released data from the California Air Resources Board, shows that low
May 18, 2021 Read Full Article
Biogas, RNG from Waste Is a Hit: The Digest’s 2021 Multi-Slide Guide to Greenlane Renewables
by Jim Lane (Biofuels Digest) Greenlane Renewables made headlines this week when it reported record revenue growth of over 300% in Q1 2021 over Q1 2020. Ok, 317% to be exact. If that’s not impressive enough, check out this slide
May 18, 2021 Read Full Article
Former Kansas Abengoa Ethanol Plant to Produce Renewable Diesel, Seaboard Energy, Neste, Phillips 66, Alto Ingredients, Haldor Topsoe, Renewable Diesel News
by Helena Tavares Kennedy (Biofuels Digest) ... Seaboard Energy, formerly known as High Plains Bioenergy, is building a renewable diesel plant in Hugoton, Kansas at the former Abengoa ethanol plant site that was purchased in February 2019. Using Haldor Topsoe’s
May 17, 2021 Read Full Article
I Got 99 Problems but Product vs. Platform Ain’t One: Introducing Microbes-as-a-Service
by Moji Karimi (Cemvita Factory/Biofuels Digest) Any SynBio (synthetic biology) company is faced with three principal questions right off the bat: 1. Product or platform? A) Product: develop the microbe, build the plant, and sell the product. The end molecule is the revenue
May 13, 2021 Read Full Article
The Refiners Who Cried Wolf
by Geoff Cooper (Renewable Fuels Association/Ethanol Producer Magazine) The RFS creates competition that lowers fuel prices and reduces carbon emissions. Yet, refiners still complain. -- ... Indeed, at their request, the RFS includes provisions allowing refiners to comply without ever
May 12, 2021 Read Full Article
U.S. EPA to Hand over Biofuel Exemption Documents to GAO Probe
by Stephanie Kelly (Reuters) The U.S. Environmental Protection Agency is handing over to the Government Accountability Office information on oil refiners that petitioned for exemptions to biofuel blending mandates, in an effort to help the government watchdog investigate the exemption program. The
May 06, 2021 Read Full Article
Marathon Petroleum Announces Wind Energy Agreement for Dickinson Renewable Diesel Facility
(Marathon Petroleum Corporation) Marathon Petroleum Corporation (NYSE: MPC) has signed an agreement with One Energy Enterprises LLC to install five 2.3 megawatt wind turbines at MPC’s renewable diesel facility in Dickinson, North Dakota. The wind turbines will provide energy to the facility and
May 05, 2021 Read Full Article
Is It Really a Comeback? Some Oil and Gas Giants Are Reporting Positive Earnings
by Matthew Choi (Politico's Morning Energy) Some oil and gas giants are reporting positive earnings in the first quarter, signifying a return to profitability from the pandemic slump. But it's not all rosy, as low demand for jet fuel continue
May 03, 2021 Read Full Article
Biodiesel, Ethanol, Sustainable Aviation & Maritime Fuels: The Digest’s 2021 Multi-Slide Guide to IEA Renewables
by Jim Lane (Biofuels Digest) The International Energy Agency published “Renewables 2020”, an analysis and forecast through 2025 of the impact of Covid-19 on renewables in the electricity, heat and transport sectors. We pulled the transport and biofuels pieces so
April 27, 2021 Read Full Article
Valero Moves further into Low-Carbon Fuels Space to Match Growing Demand
by Janet McGurty (S&P Global Platts) Ethanol carbon sequestration will lower CI; DGD renewable diesel expansion online end 2021; Renewable diesel sales expected to grow -- Valero sees growing demand for low-carbon fuels and will continue to seek out projects
April 23, 2021 Read Full Article
Clariant Collaborates with Indonesia's Pertamina in Advanced Biofuels Assessment
(Clariant) Indonesian oil & gas company Pertamina and Clariant collaboratively evaluate the feasibility of sunliquid® technology to convert available regional feedstocks into advanced biofuels; Technology evaluation and conceptual engineering study also cornerstone to the work; Pertamina presented project collaboration details
April 20, 2021 Read Full Article
Omar, Sanders, Merkley, Markey, Barragán Introduce Bill to End Corporate Handouts to the Fossil Fuel Industry
(Office of Rep. Ilhan Omar (D-Minn.)) Rep. Ilhan Omar (D-Minn.) and Sen. Bernie Sanders (I-Vt.) together with Sen. Merkley (D-Ore.), Sen. Markey (D- Mass.) and Rep. Barragan (D-Calif.) introduced legislation to close tax loopholes and eliminate other federal subsidies for
April 20, 2021 Read Full Article
RFA Counters Refiners’ RFS Claims -- Q&A: Geoff Cooper
by Tom Doran (AgriNews) ... The American Fuel and Petrochemical Manufacturers urged Regan, who was confirmed as EPA administrator on March 10, to “take swift action” on the Renewable Fuel Standard by extending compliance deadlines and “setting achievable targets” for
April 19, 2021 Read Full Article
Renewable Diesel Kicks off 2021 with Conversions, Capacity Increases, New Feedstocks and More
by Helena Tavares Kennedy (Biofuels Digest) ... What is the overall demand and market like? What about feedstock innovations? Are there clear technology winners? In today’s Digest, some new facilities, some conversions, some increased capacity, what are the key trends
April 19, 2021 Read Full Article
A California County, Despite the State’s Climate Goals, further Embraces Fossil Fuels
by Miranda Green (Washington Post) The long shadows cast here in the San Joaquin Valley come from oil derricks, not palm trees. Two hours inland from the Pacific Ocean, the arid terrain is peppered with petroleum and gas wells. The
April 18, 2021 Read Full Article
RFA, Growth Energy and NCGA Defend Year-Round E15 in Court
(Renewable Fuels Association) Today, the D.C. Circuit Court will hear oral arguments in American Fuel & Petrochemical Manufacturers, et al. vs. EPA, a case in which oil refiners challenge the Environmental Protection Agency’s 2019 rulemaking that paved the way for the year-round
April 13, 2021 Read Full Article
Exxon Mulls Closure of Norway's Slagen Refinery as Region's Clean Fuel Shift Continues
by Robert Perkins and Elsa Turner (S&P Global) Cites refining overcapacity, falling demand for fuels; Slagen processes North Sea crude, major fuel exporter; European refiners looking to biofuels, hydrogen projects ExxonMobil is considering closing its 116,000 b/d Slagen refinery in Norway
April 12, 2021 Read Full Article
Total Opens First Biomethane Filling Station in Wallonia, Belgium
(Total Belgium/NGV Journal) The Vice-President and Walloon Minister of Climate, Energy and Mobility Philippe Henry has launched the first service station in Wallonia offering bio-CNG. The facility, located in the town of Jambes, is operated and owned by Total and
April 08, 2021 Read Full Article
Oxy Low Carbon Ventures, Cemvita Factory Announce Plan to Develop Pilot Plant for Innovative CO2-to-Bio-Ethylene Technology
(Oxy Low Carbon Ventures/PR Newswire) Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and bio-engineering startup Cemvita Factory today announced a plan to construct and operate a one metric ton per month bio-ethylene pilot plant, applying a jointly developed
April 07, 2021 Read Full Article
Fossil Fuels Get Too Many Government Handouts. Biden Wants to Cut Them off.
by Lili Pike (Vox) The American Jobs Plan proposes taking away major tax breaks for the fossil fuel industry. -- One of the great ironies of climate politics is that America continues to subsidize — to the tune of billions of
April 06, 2021 Read Full Article
Shell Invests in Sustainable Aviation-Fuel Maker LanzaJet
by Laura Hurst (Bloomberg) U.S. company is building ‘alcohol-to-jet’ facility in Georgia; Other investors include Canada’s Suncor Energy, Japan’s Mitsui -- Royal Dutch Shell Plc has invested in sustainable-fuels technology company LanzaJet, adding to a string of deals positioning the oil giant
April 06, 2021 Read Full Article
Coprocessing at Diesel Refinery: bp Products, North America — Cherry Point Refinery | Blaine, Washington
(EcoEngineers) bp’s Cherry Point Refinery is the first refinery in the Pacific Northwest capable of manufacturing diesel made from biomass-based feedstocks, which are processed alongside conventional feedstocks in an existing ultralow-sulfur diesel unit. Renewable diesel has the same properties as conventional ultralow-sulfur
April 05, 2021 Read Full Article
Kinder Morgan Seeks to Expand CO2 Business in Clean Energy Push
by Sergio Chapa (Bloomberg News) Pipeline giant Kinder Morgan Inc. plans to expand its carbon-capture business, joining the ranks of major oil and gas companies capitalizing on clean energy investing. Fueled by a push to eliminate greenhouse gas emissions, carbon capture and
April 02, 2021 Read Full Article
Biofuels, or the Perils of Leadership
by Oliver Mace (Broadmore Consulting) ... In fact, having recently joined the nascent BP Biofuels business, it was my very first public speaking engagement on this particular subject; the Biofuels Expo & Conference in Newark, dubbed at the time the biggest
March 31, 2021 Read Full Article
Banks Poured $3.8B into Fossil Fuel Companies since Paris Agreement
by Natasha Lasky (Our Daily Planet) A new report, published Wednesday found that the world’s largest commercial and investment banks have altogether put $3.8 trillion into fossil fuels from 2016 to 2020. This report — a collaboration between the Rainforest Action Network, Bank Track,
March 25, 2021 Read Full Article
INSIGHT: Global Policy Drives Approaching Biofuels Tipping Point
by Tom Brown (Independent Commodity Intelligence Services) As governments continue to count the cost of the pandemic, both in terms of the price of keeping economies afloat and the wreck lockdowns and have made of certain industries, many lawmakers have settled
March 19, 2021 Read Full Article
Ahead of the Curve: Refiners Retrofit for Renewable Diesel Fuel
by Dan Crummett (Farm Equipment) ... Late in 2020, CVR Energy’s board of directors approved a $110 million renovation to a small Southern Oklahoma refinery near Wynnewood, which will leverage unused refining capacity (created as gasoline demand moderated) to begin
March 16, 2021 Read Full Article
Low-Carbon Renewable Natural Gas from Waste: The Digest’s 2021 Multi-Slide Guide to Greenlane Renewables
by Jim Lane (Biofuels Digest) Decarbonizing natural gas for transportation and utility/pipelines by taking organic waste from landfills, dairy and hog farms, food waste and wastewater treatment plants and converting it to biogas and low-carbon RNG is what Greenlane Renewables
March 16, 2021 Read Full Article
A Large PR Firm Pledged to Fight Climate Change. Then It Took Millions from a Notorious Fossil Fuel Trade Group.
by Zahra Hirji and Kendall Taggart (BuzzFeed News) Edelman, a PR firm that’s pledged to “work with an environmental conscience,” was paid $4 million to promote one of the most extreme fossil fuel trade groups in the country, new tax
March 15, 2021 Read Full Article
RFA: EPA Should Shelve Proposal to Extend RFS Compliance Deadlines
(Renewable Fuels Association) In comments submitted today (March 11, 2021) to the U.S. Environmental Protection Agency, the Renewable Fuels Association opposed a proposal to extend the deadlines for demonstrating compliance with the Renewable Fuel Standard for 2019 and 2020. “This proposal is
March 15, 2021 Read Full Article
EPA Considers Combining 2021, 2022 U.S. Biofuel Blending Proposals - Sources
by Stephanie Kelly (Reuters) The Environmental Protection Agency is considering issuing proposals for U.S. biofuel blending obligations for both 2021 and 2022 at the same time, two sources familiar with the matter said, after the coronavirus pandemic delayed rulemaking. The proposals
March 11, 2021 Read Full Article
Big Tobacco Had to Pay $206B. Is Big Oil Next?
by Maxine Joselow (E&E News) In 2006, a federal judge issued a scathing ruling that would reverberate across the country. "Over the course of more than 50 years, Defendants lied, misrepresented and deceived the American public," Judge Gladys Kessler of the U.S.
March 10, 2021 Read Full Article
The Sage of Hastings-on-Hudson: The Wit and Wisdom of Ron Cascone
by Jim Lane (Biofuels Digest) In New York, Ronald F. Cascone died on Friday, March 5th from complications of COVID and after a long battle with esophageal cancer. He was 77. Cascone was known around the world as one of
March 08, 2021 Read Full Article
Chevron to Build California Carbon Capture Plant with Microsoft, Schlumberger
(Reuters) Chevron Corp is partnering with Microsoft Corp, oilfield services firm Schlumberger NV and privately held Clean Energy Systems to build a carbon capture plant in California, as the U.S. oil major expands investments in renewable technology. ... Chevron said on Thursday
March 05, 2021 Read Full Article
Energy Firms Bet on Hydrogen Boom, but Payday Far Away
by Ron Bousso, Stephanie Kelly (Reuters) Governments and energy companies are placing large bets on clean hydrogen playing a leading role in efforts to lower greenhouse gas emissions, but its future uses and costs are highly uncertain. “Without hydrogen by 2050 we
March 04, 2021 Read Full Article
Carbon Capture Coalition Releases Policy Blueprint
by Erin Voegele (Ethanol Producer Magazine) The Carbon Capture Coalition on Feb. 24 released a national policy blueprint that includes near-term recommendations the group says policymakers should adopt in order to accelerate the deployment and commercialization of carbon capture projects. The blueprint
March 02, 2021 Read Full Article
Shell Says Its Oil Production Has Peaked and Will Fall Every Year
by Hanna Ziady (CNN Business)Royal Dutch Shell (RDSA) said its oil production and carbon emissions have peaked as it detailed plans to gradually wean itself off fossil fuels. Climate activists said it hadn't gone far enough. The Anglo-Dutch company said in a statement on Thursday that it
February 12, 2021 Read Full Article
Morgan Stanley: Gasoline Industry Is about to Become Totally Worthless
by Alex Kimani (OilPrice.com) The average energy investor is by now well aware of the sector's monumental shift from fossil fuels to renewable energy. ... ... Indeed, the global EV sector now carries a higher valuation than the global ICE sector despite
February 11, 2021 Read Full Article
Ag Policy Blog Working on the Night Moves: Cruz RINs Cap Plan Struck Down in Wee Hours Friday
by Todd Neeley (DTN Progressive Farmer) The Senate rejected an attempt by Sen. Ted Cruz, R-Texas, to cap the price of renewable identification numbers, or RINs, at 10 cents, as part of a proposed amendment to the COVID-19 stimulus bill, in
February 08, 2021 Read Full Article
Shell Places Its Bet on Rapid Hydrogen Growth, Biofuels and Power Trading
by Tami Hood (Hydrogen Fuel News) The energy giant is expanding its shift away from oil instead of following the direction of its competition. Royal Dutch Shell is taking aim at rapid hydrogen growth, the rise in the biofuel market,
February 06, 2021 Read Full Article
REFILE-U.S. Refiners Talk up Renewable Projects after a Year of Lousy Fuel Demand
by Laura Sanicola (Reuters) Following a year of grim losses amid pandemic lockdowns that dented demand for fuel as people stuck close to home, the largest U.S. independent refiners are promoting plans to boost production of renewable fuels. Renewable fuels represent a
February 05, 2021 Read Full Article
Marathon Petroleum Balancing Traditional Refinery Operations with New Renewable Ventures
by Janet McGurty (S&P Global Platts) Sees Q1 2021 gasoline demand 90% of Q1 2020; STAR project continues at Galveston Bay, TX, refinery; Dickinson, ND RD plant to reach full rates end-Q1 -- US refiner Marathon Petroleum is embracing the renewable energy space
February 05, 2021 Read Full Article
Oil Companies’ Fall from Favor Could Cause Next Price Spike
by James Herron, Grant Smith and Laura Hurst (Bloomberg/LMT Online) There’s plenty of historical precedent for an investment drought, such as that which is occurring among oil majors, leading to a surge in crude prices a few years later. --
February 02, 2021 Read Full Article
Shell Pulls out of Velocys/British Airways Project to Build the UK’s First Commercial SAF Production Plant
(GreenAir Online) Shell has pulled its support for the Velocys/British Airways Altalto project, which plans to produce sustainable aviation fuel (SAF) from municipal waste in a new plant due to be constructed at Immingham in north-east England. The oil major,
January 29, 2021 Read Full Article
Oil Majors' Credit Ratings under Threat from Growing Climate Risks: S&P Global
by Robert Perkins (S&P Global Platts) ExxonMobil, Total, Chevron among oil producers under review; Cuts credit outlook for BP, Suncor to negative; Long term oil price forecast cut due to pandemic -- S&P Global Ratings said Jan. 26 it is considering downgrading its
January 29, 2021 Read Full Article
Exclusive: U.S. Oil Industry Seeks Unusual Alliance with Farm Belt to Fight Biden Electric Vehicle Agenda
by Jarrett Renshaw and Stephanie Kelly (Reuters/Yahoo! Finance) The U.S. oil industry is seeking to forge an alliance with the nation's corn growers and biofuel producers to lobby against the Biden administration's push for electric vehicles, but is so far meeting
January 28, 2021 Read Full Article
Biden’s Climate Goals Will Boost Ethanol for Now: Oil Refiners and Ethanol Producers’ Collective Pain Hasn’t Done Much to Align Their Interests
by Jinjoo Lee (Wall Street Journal) In the tug of war for former President Donald Trump’s favors, oil refiners won some surprising victories over ethanol producers. Their fortunes are about to flip under President Joe Biden’s climate-driven administration. The fate of U.S.
January 28, 2021 Read Full Article
Climate Orders up: It's Climate Day at the White House.
by Kelsey Tamborrino (Politico's Morning Energy) It's climate day at the White House. President Joe Biden will unveil executive orders today designed to make climate change a national security priority for years to come, while reshaping the U.S. oil and
January 27, 2021 Read Full Article
Sinclair Confirms It Secured Trump EPA's Last Biofuel Waivers, Defends Them in Court
by Stephanie Kelly (Reuters) Sinclair Oil Corporation confirmed on Tuesday it secured biofuel blending waivers for its refineries from the U.S. Environmental Protection Agency shortly before the departure of the administration of President Donald Trump last week. The company made the statement
January 26, 2021 Read Full Article
Oil and Gas Sector ‘to Boost Clean Energy Investments’
(ReNewsBiz) 57% of senior industry executives surveyed by DNV GL plan to increase funding for renewables -- The oil and gas industry expects to boost investment in renewables and cleaner energy in 2021, as companies seek to transform for the long
January 26, 2021 Read Full Article
Quebec Inks Contract for One of the World’s Biggest Green Hydrogen Plants
by Jeff Lagerquist (Yahoo! Finance) Investment in green hydrogen production is expected to exceed US$1 billion annually by 2023. -- Quebec is a step closer to building one of the world’s largest green hydrogen plants, as the province looks to
January 22, 2021 Read Full Article
Shell Says Hydrogen Is Heavy Transport’s Future. What Now for Biofuels?
by John Parnell (Green Tech Media) A Deloitte report commissioned by Shell finds that the heavy-freight sector is increasingly planning for a switch to hydrogen. Hydrogen will be the key energy source for global road freight, according to a new report
January 22, 2021 Read Full Article
D.C. Circuit Court Stays EPA Action Granting Refinery Waivers
(Renewable Fuels Association) In response to an emergency motion filed Tuesday evening by the Renewable Fuels Association, the U.S. Court of Appeals for the D.C. Circuit today ordered that EPA’s action on Tuesday to grant three small refinery petitions must be “administratively stayed
January 21, 2021 Read Full Article
Renewable Diesel's Rising Tide
by Tom Bryan (Biodiesel Magazine) An update on U.S. renewable diesel projects—operational, expanding, under construction and proposed—giving new purpose to aging oil refineries. The report represents a transformative volume of nearly 5.5 billion gallons of new or potential capacity. The appeal
January 19, 2021 Read Full Article
Outgoing Trump Admin Mulls Industry-Wide Biofuel Waiver for Oil Refiners and E15 Labeling Change
by Stephanie Kelly (Reuters) The Trump administration is considering requests from the oil refining industry and its backers for a sweeping nationwide waiver to exempt them from their obligations to blend biofuels, a measure they argue would help them weather the
January 19, 2021 Read Full Article
Total Quits Top U.S. Oil Lobby in Climate Split
by Ron Bousso (Yahoo!/Reuters) France's Total on Friday became the first major global energy company to quit the main U.S. oil and gas lobby due to disagreements over its climate policies and support for easing drilling regulations. Total said it would not
January 15, 2021 Read Full Article
RFA Thanks Senate Midwest Republicans for Backing Renewable Fuel Standard
(Renewable Fuels Association) The Renewable Fuels Association expressed gratitude today to seven Republican members of the Senate who called on the U.S. Environmental Protection Agency to back down from rumored small refinery exemptions from the Renewable Fuel Standard. “Lawmakers on both sides of the
January 15, 2021 Read Full Article
AFPM Sees Alignment with Biden on Trade, Economy
by Elliott Blackburn (Argus Media) ... (President-elect Joe) Biden also campaigned on goals to increasingly electrify the US vehicle fleet and maintain support for renewable fuels, which would erode market share for the petroleum fuel that dominates AFPM membership's output. But
January 15, 2021 Read Full Article
South by Yeast: Ginkgo Acquires a Venture that Sputtered but Never Failed to Intrigue
by Jim Lane (Biofuels Digest) It was styled as a biofuels and biochemical producer, founded back in the heady days of the Recovery Act in February 2009, focused on developing high value oils and animal feeds by fermentation of low cost
January 12, 2021 Read Full Article
WEBINAR: Global Strategies to Attract Finance for Biomethane and Renewable Gas Projects --- January 27, 2021
To find out how to attract finance for biomethane projects from global thought leaders, make sure you join our upcoming webinar on January 27 with the Vice President of Gas, Renewables & Power (Biogas Division) for Total. Thought leaders joining the
January 08, 2021 Read Full Article
DigestData DeepDive into Renewable Energy Group
by Jim Lane (Biofuels Digest) Renewable Energy Group is the largest operator of renewable diesel and biodiesel plants in the US, with 12 refineries and a fast-growing capacity, especially in red-hot renewable diesel. In today’s Digest, we take a DigestData DeepDive™ with
January 08, 2021 Read Full Article
The Digest’s Top 10 Advanced Bioeconomy Markets and Predictions for 2021
by Jim Lane (Biofuels Digest) A mere “The Year in Rewind” as we sail into 2021? Not the good ship Digest! Instead, we dust off our crystal ball and offer our predictions for the year ahead. As the sunset of 2020
January 06, 2021 Read Full Article
Op-Ed: Treat Fossil Fuels Like Nukes. Endorse a New Nonproliferation Treaty
by Jacques Leslie (Los Angeles Times) The Los Angeles City Council is poised to endorse a call for a global Fossil Fuel Non-Proliferation Treaty. ... Signatory governments would agree to stop further expansion of the fossil fuel industry within their
January 05, 2021 Read Full Article
Renewable Fuels Are Taking off…but Can They Supply the Massive Demand?
by Cameron Begley and Allan Green (Spiegare) In the accelerating push to decarbonise aviation and marine transport fuels, constraints around the sustained availability of fats and oils feedstocks are already emerging. Recent breakthroughs in feedstock engineering technology from Australia presents a promising
December 30, 2020 Read Full Article
Analysis: Biofuels Sector Hopeful Over Biden RFS Stance, Wary of GHG Policy
by Patrick Newkumet (Oil Price Information Service) Renewable fuel industry officials are mostly optimistic that the incoming Biden administration will be more supportive of the Renewable Fuel Standard (RFS) than the Trump White House, though some worry that the president-elect's
December 24, 2020 Read Full Article
OMV to Coprocess Renewable Diesel at Schwechat Refinery Near Vienna
by Ron Kotrba (Bio-based Diesel Daily) Multinational oil, gas and petrochemical company based in Vienna, Austria, is investing 200 million euros at its Schwechat refinery southeast of Vienna to co-process up to 160,000 metric tons of vegetable oils—including used cooking oil
December 22, 2020 Read Full Article
The President of Kenya Uhuru Kenyatta Meets Eni CEO Claudio Descalzi
(ENI) The President of the Republic of Kenya Uhuru Kenyatta has met today in Nairobi the Chief Executive Officer of Eni Claudio Descalzi to discuss potential green initiatives to be developed in the country, in order to provide local communities with
December 22, 2020 Read Full Article
EPA Data Shows Oil GHGs May Spike 30% — Report
Mike Lee (E&E News) Greenhouse gas emissions from the U.S. oil, gas and petrochemical industries could grow 30% by 2026, led by increases in natural gas exports and chemical production, according to a new analysis. READ MORE
December 18, 2020 Read Full Article
Newsom Taps New Head of Powerful California Air Board
by Kathleen Ronayne (Associated Press) California Gov. Gavin Newsom tapped a veteran regulator Wednesday as the next chair of the powerful Air Resources Board, which implements the state’s ambitious climate change goals. Liane Randolph, 55, will begin the job in January. She
December 11, 2020 Read Full Article
Enerkem, Shell, Suncor, Proman’s New $669 Million Biofuels Baby
by Jim Lane (Biofuels Digest) In Quebec, Enerkem, Shell, Suncor and Proman have proposed the construction of an $669 million biofuel plant in Varennes, Québec, in partnership with the Québec and Canadian governments. The project would use more than 200,000 tonnes
December 09, 2020 Read Full Article
Chevron CEO Vows Higher Returns, Lower Carbon to Revive Big Oil
by Kevin Crowley and Caroline Hyde (Bloomberg/Yahoo! Finance) ... One thing investors can’t count on is for Chevron to announce any long-term targets to eliminate or severely reduce emissions, as rivals Royal Dutch Shell Plc and BP Plc have. Chevron’s
December 08, 2020 Read Full Article
Denmark Becomes First Major Oil-Producing Nation to Set Deadline to End Extraction
by Florian Elabdi, Rick Noack and Steven Mufson (Washington Post) Denmark on Friday became the first major oil-producing nation to announce an end to state-approved exploration in the North Sea, with the aim of phasing out all extraction by 2050. The
December 07, 2020 Read Full Article
Oil Refineries See Profit in Turning Kitchen Grease into Diesel
by Clifford Krauss (New York Times) Used cooking oil is one of the ingredients in renewable diesel, which generates far less emissions than conventional diesel and allows refineries to take advantage of federal and state incentives. -- ... Companies that
December 04, 2020 Read Full Article
U.S. Oil Industry Group Pledges to Fight Possible Biden Fracking Limits
By Laura Sanicola (Reuters) If U.S. President-elect Joe Biden tries to restrict development of oil and gas drilling on federal lands, the American Petroleum Institute (API) will use “every tool at its disposal” including legal action, chief executive Mike Sommers said
November 25, 2020 Read Full Article
The US Oil Industry Is Flailing Despite a $10 Billion Pandemic Lifeline
by Michael J. Coren (Quartz) The US oil and gas industry has received more than $10 billion from the federal government to cushion losses during the pandemic, according to a recent report analyzing federal financial data. That has offered a temporary reprieve even
November 24, 2020 Read Full Article
Renewi, Nordsol, Shell to Produce Bio-LNG in Amsterdam Westpoort
(Bioenergy Insight) Renewi, Nordsol, and Shell have started construction on the first bio-LNG installation in Amsterdam Westpoort. The new bio-LNG installation is an extension for the current processing of, among other things, outdated supermarket products. With a multi-million-euro investment, technical partner
November 24, 2020 Read Full Article
EPA: 6 More SRE Petitions Filed, 58 Now Pending
by Erin Voegele (Ethanol Producer Magazine) The U.S. EPA released updated small refinery exemption (SRE) data on Nov. 19, reporting that six additional SRE petitions have been filed with the agency, including one for Renewable Fuel Standard compliance year 2019 and
November 20, 2020 Read Full Article
CountryMark, Ceres Solutions and USDA Bring E15 to Rensselaer
(95.3 MNC) Jasper County, Indiana will soon have its first E15 fueling station thanks to efforts from two farmer-owned cooperatives and the U.S. Department of Agriculture. ... Ceres Solutions owns the CountryMark-branded station on North McKinley Avenue in Rensselaer, Indiana,
November 16, 2020 Read Full Article
How One Firm Drove Influence Campaigns Nationwide for Big Oil
by Hiroko Tabuchi (New York Times) FTI, a global consulting firm, helped design, staff and run organizations and websites funded by energy companies that can appear to represent grass-roots support for fossil-fuel initiatives. -- In early 2017, the Texans for
November 12, 2020 Read Full Article
Petrobras to Create Climate Change Department to Oversee Transition to Low Carbon
by Jeffrey T. Lewis (Morningstar/Dow Jones/Petrobras) Brazilian oil company Petroleo Brasileiro SA, or Petrobras, said Tuesday it is creating a new department for climate change to oversee and boost efforts to cut greenhouse gas emissions and increase carbon capture. The department will
November 10, 2020 Read Full Article
Strong Renewables, Resiliency During COVID-19: The Digest’s 2020 Multi-Slide Guide to Neste
by Jim Lane (Biofuels Digest) Q3 2020 was rough for many companies, but not for Neste who recorded a solid quarter despite COVID-19. “Renewable Products was very resilient and improved its sales margin and sales volume compared to the corresponding
November 10, 2020 Read Full Article
Biofuels in Prime Position to Deliver on Short-Term Climate Goals: Goodfuels CEO
by Tom Washington (S&P Global) Could slash shipping's emissions over the decade; Biofuels' market share remains limited for now; Coronavirus has made biofuels less competitive -- As transport industries look to slash greenhouse gas emissions and examine alternative power options, biofuels are well-placed
November 06, 2020 Read Full Article
Maire Tecnimont Group's NextChem and Indian Oil Corporation Sign India's First Circular Economy MoU
(NextChem) Maire Tecnimont S.p.A. announces that NextChem, the Group’s subsidiary dedicated to green chemistry and technologies for the energy transition, and Indian Oil Corporation Ltd. (IndianOil), today have signed a Memorandum of Understanding for the development of industrial projects using NextChem technologies to foster the industrialization of
November 06, 2020 Read Full Article
Evolve or Die: US Refiners Grasp Renewables Lifeline to Stay Viable
by Janet McGurty (S&P Global Platts) Government incentives drive renewable diesel projects growth; Demand up as regional low carbon regulations increase -- Once the scourge of the US refining industry, some refiners are now looking to renewable fuels to help their bottom
November 05, 2020 Read Full Article
Column: Markets and Consumers, Not President, Control Oil's Future
by Brent Sohngen (Columbus Dispatch) ...When Joe Biden exclaimed that he wanted to transition the American economy from oil, the opposition pounced. I must say, I was a bit surprised by the uproar over the former vice president's comment, given
November 04, 2020 Read Full Article
The Energy 202: The Oil Industry Thinks It Can Work with Biden, Despite Call for 'Transition' Away from It
by Dino Grandoni with Alexandra Ellerbeck (Washington Post) Joe Biden said he wanted a “transition” away from the oil industry. But the oil industry itself thinks it can still work with the Democratic nominee should he win the White House
November 03, 2020 Read Full Article
Ethanol Looks beyond Trump-Biden Bluster to Biofuel Reset
by Kim Chipman and Jennifer A Dlouhy (Bloomberg Green) Presidential, Iowa Senate races put biofuel in spotlight; Renewable Fuel Standard uncertainty clouds ethanol outlook -- ... The winner will oversee a “reset” of the congressional mandate to blend biofuels with gasoline. This
November 02, 2020 Read Full Article
Letters: Greenfield Would Protect Biofuels Industry
by Matt Russell (Des Moines Register) ... We don’t produce fossil fuel in Iowa. However, Republicans are clear they support Big Oil. They have done almost nothing to stop the Trump administration from handing out benefits to oil companies while he has
October 28, 2020 Read Full Article
RFA: Oil-State Senators Ask EPA to Violate the Law, Ignore the Courts
(Renewable Fuels Association) The Renewable Fuels Association today blasted the latest attempt by oil refiners and their supporters in the Senate to undermine the Renewable Fuel Standard. On Wednesday, a small group of oil-state Senators submitted a short letter to EPA Administrator Andrew
October 22, 2020 Read Full Article
Alfa Laval Wins SEK 130 Million Renewable Energy Order in the US
(Alfa Laval/PR Newswire) Alfa Laval - a world leader in heat transfer, centrifugal separation and fluid handling - has won an order to supply a processing line to HollyFrontier Corporation to support the production of renewable diesel in the US. The
October 21, 2020 Read Full Article
Facing Wave of Closures, Oil Refiners Turn to Biofuels
by Ron Bousso and Laura Sanicola (Reuters) European and U.S. oil refineries face a wave of closures due to plateauing fuel demand, tightening environmental rules and overseas competition, prompting some owners to opt for an easier alternative - converting plants to
October 20, 2020 Read Full Article
The End Of Oil? Battle Lines Drawn As Industry Grapples With Energy's Future
by Camila Domonoske (National Public Radio) Oil is facing an existential crisis. There has never been so much uncertainty about the future of a commodity that keeps the global economic engine running. And it's not just environmental activists calling for the end of
October 16, 2020 Read Full Article
EPA Drags Feet on Remaining Small Refinery Exemption Requests
by Mark Dorenkamp (Brownfield Ag News) The EPA recently denied 54 so-called “gap year” small refinery exemption requests, but Renewable Fuels Association CEO Geoff Cooper tells Brownfield the agency is still considering 31 petitions for 2019 and a couple for 2020. “We
October 14, 2020 Read Full Article
RNG Heats up with Slurry of 2020 Deals, Big Players Involved, Chevron, BP, Brightmark, Aemetis, Verbio, Greenlane Renewables
by Helena Tavares Kennedy (Biofuels Digest) Brightmark and Chevron just formed a joint venture to own projects across the United States to produce and market dairy biomethane. Greenlane Renewables signed a $5.8 million contract with Brightmark. Construction started in Ohio on
October 12, 2020 Read Full Article
PKN ORLEN Aims to Be Emissions-Neutral by 2050
(Biofuels International) PKN ORLEN is the first oil company in central Europe to declare an aspiration towards achieving emission neutrality by 2050. In order to reach this goal by 2030 the company will reduce CO2 emissions from its current refining and petrochemical
October 12, 2020 Read Full Article
U.S. Oil Refiners Press on Renewable Diesel for Canadian Market: Few Such Projects Seen Moving forward within Canada
by Laura Sanicola, Rod Nickel (AgCanada/Glacier Farm Media/Reuters) U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada’s greener fuel standard before Canadian refiners modify their own plants. Canadian Prime Minister Justin Trudeau’s government intends to
October 06, 2020 Read Full Article
Climate Change Suit on SCOTUS Docket
by Kelsey Tamborrino (Politico's Morning Energy) : The Supreme Court will hear an appeal from oil companies aiming to overturn lower court rulings that state court is the proper venue for the climate change lawsuit brought by the city of
October 05, 2020 Read Full Article
ExxonMobil Focused on Core Oil and Gas as Renewable Returns Too Weak: Official
(Energy Market Price/S&P Global) ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to hydrocarbons, a top official at the US oil giant said
October 02, 2020 Read Full Article
Big Oil’s $100 Billion Bender: How the U.S. Government Provided a Safety Net for the Flagging Fossil Fuel Industry
(Bailout Watch) The U.S. government’s efforts to stabilize the financial system at the start of the global pandemic last spring have propped up the fossil fuel industry, which entered the year with heavy debt loads and was slammed by the
October 02, 2020 Read Full Article
Total Eyes further HVO Expansion
by Adam Porter (Argus Media) Total said today that it plans to add an additional 300,000 t/yr of hydrotreated vegetable oil (HVO) production capacity in Europe. It is also considering introducing HVO capacity at refineries in Texas and South Korea to
October 01, 2020 Read Full Article
A Rare Bit of Good News for Oil Refiners: ‘Renewable Diesel’
by Tim Treadgold (Forbes) ... Until recently renewable diesel was very much a niche product which failed to attract mainstream investor interest. That could change after a leading investment bank, Morgan Stanley MS -2.4%, took a close look at the opportunities opening up
September 29, 2020 Read Full Article
Energy Transition: Total Is Investing More than €500 Million to Convert Its Grandpuits Refinery into a Zero-Crude Platform for Biofuels and Bioplastics
(Total) Within the framework of its net zero strategy, Total will convert its Grandpuits refinery (Seine-et-Marne) into a zero-crude platform. By 2024, following an investment totaling more than €500 million, the platform will focus on four new industrial activities: Production of
September 25, 2020 Read Full Article
CalBio, Dairy Farmers and Chevron Announce First RNG
(Chevron/Market Watch) California Bioenergy LLC (CalBio), Chevron U.S.A. Inc. and local dairy farmers today announced their joint venture, CalBioGas LLC, successfully achieved first renewable natural gas (RNG) production from dairy farms in Kern County. The milestone underpins the partners’ commitment to
September 24, 2020 Read Full Article
Exclusive: Shell Launches Major Cost-Cutting Drive to Prepare for Energy Transition
by Ron Bousso (Reuters) Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy
September 22, 2020 Read Full Article
Rural America 2020 Launches Major Ad Campaign Highlighting Trump’s Broken Ethanol Promises
(Rural America 2020) ‘Trump’s Broken Ethanol Promise’ campaign will focus on the President’s failure to deliver on promises on ethanol and E15: Will highlight how Trump has undermined the needs of farmers by providing waivers to big oil to avoid ethanol
September 18, 2020 Read Full Article
Big Oil’s Green Makeover: Can BP Master New Disruptive Technologies or Will It Go the Way of Typewriter Makers?
by Steven Mufson (Washington Post) ... BP, one of the world’s largest oil and gas companies, is aiming to ride the waves of disruption instead of being crushed under them. Led by a new chief executive, BP is trying to reinvent
September 17, 2020 Read Full Article
House Ag Plans Detailed to NFU Pelosi: House Will Bring Up Biofuels Integrity Bill
by Jerry Hagstrom (DTN Progressive Farmer) House Speaker Nancy Pelosi, D-Calif., said Tuesday that the House will take up the Renewable Fuel Standard Integrity Act sponsored by House Agriculture Committee Chairman Collin Peterson, D-Minn., just as the House Energy and Commerce
September 17, 2020 Read Full Article
Trump Decision Bolstering Ethanol Becomes Campaign Flashpoint
(The Gazette) President Donald Trump has been receiving praise from farm state Republicans for his decision to deny the “gap year” waivers and increase access to E15 corn-based ethanol. But it also was panned by Democrats Wednesday as nothing more than
September 17, 2020 Read Full Article
Trump Administration Eyes at Least $300 Million Aid to Refiners Denied Biofuel Waivers: Sources
by Stephanie Kelly, Jarrett Renshaw (Reuters) The Trump administration is considering at least $300 million in cash aid to U.S. oil refiners that are denied exemptions to U.S. biofuel blending laws for the 2019 compliance year, two sources familiar with
September 17, 2020 Read Full Article
RFA Applauds Congressional Efforts to Enhance Transparency of Small Refinery Waiver Process
(Renewable Fuels Association) The House Committee on Energy and Commerce today unveiled the Clean Economy Jobs and Innovation Act, which contains provisions requiring more transparency and accountability in EPA’s process for evaluating small refinery exemption requests under the Renewable Fuel Standard. The provisions
September 16, 2020 Read Full Article
U.S. Presidential Candidate Biden Rips Trump's Record on Ethanol
by Stephanie Kelly (Reuters) U.S. Democratic presidential nominee Joe Biden late on Tuesday attacked President Donald Trump’s record on ethanol, saying his administration’s recent moves to help the industry were too little, too late and transparently political. U.S. Democratic presidential nominee
September 16, 2020 Read Full Article
Japanese Producers Buck Weak Demand for Algae-Based Biofuel
(Nikkei Asian Review) Southeast Asian production rises while palm oil waste also takes the spotlight --- Japanese biofuel companies are expanding their production of fuel from sources such as algae and palm oil waste, despite the current lack of demand from
September 15, 2020 Read Full Article
2019 May Have Been Peak Year for Oil Demand, BP Trying to Pivot
(Our Daily Planet) Yesterday, the world’s leading oil producers, the Organization of Petroleum Exporting Countries (OPEC), projected a larger decrease in oil demand than was predicted earlier in the pandemic, The Hill reported. OPEC also predicts an increase in demand next year, but that
September 15, 2020 Read Full Article
EPA Denies Gap Year RFS Waiver Requests
by John Herath (Farm Journal Ag/Web) Applications for oil refiners to be exempted from the Renewable Fuels Standard (RFS) have been a contentious election for President Donald Trump in Iowa. His administration took a step to alleviate those political pressures Monday
September 14, 2020 Read Full Article
Trump Considers Cash Aid for Refineries Denied Biofuel Waivers
by Jennifer A Dlouhy (Bloomberg) Trump administration officials are developing a plan to offset the potential economic damage of denying dozens of refineries waivers from biofuel-usage mandates: giving them financial aid. The approach is actively being discussed by top Environmental Protection Agency officials
September 12, 2020 Read Full Article
ExxonMobil’s First Marine Bio Fuel Oil
(ExxonMobil) ExxonMobil Completes Successful Sea Trial of its First Marine Bio Fuel Oil: Successful sea trial completed with leading tanker shipping company Stena Bulk; Fuel can help deliver carbon dioxide emission reduction benefits to ship operators; Fuel will be available in select
September 11, 2020 Read Full Article
Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near
by Sheela Tobben and Javier Blas (Bloomberg) ... Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for months-long charters so that they can
September 11, 2020 Read Full Article
RINs Jump 18% on News Trump Wants All Gap Year Requests Denied
by Meghan Sapp (Biofuels Digest) In New York state, Reuters reports that RIN prices skyrocketed a two-year high of 55 cents for D6 credits on the back of its exclusive story that President Trump told the EPA to deny all gap-year
September 10, 2020 Read Full Article
Without a Grand Deal, Trump Tries to Dodge Ethanol Question
by James Osborne (Houston Chronicle) ... And with the election just two months away, all signs are Trump is trying to push back a decision on the how much ethanol to blend into the nation’s gasoline supply until after the
September 04, 2020 Read Full Article
California Issues 190% More New Oil and Gas Drilling Permits
(Our Daily Planet) While California Governor Gavin Newsom has called his state “a leader in the fight to transition away from fossil fuels,” watchdog groups have been calling out the fact that California is continuing to issue oil and gas extraction permits.
September 03, 2020 Read Full Article
Trump Moves to Open up Drilling in National Forests
by James Osborne (Houston Chronicle) ... Under draft rules to be published Tuesday, the U.S. Forest Service would be limited in its ability to conduct environmental reviews of drilling projects while oil and gas companies would not be required to
September 01, 2020 Read Full Article
RFA Urges Immediate EPA Action on ‘Litany’ of Outstanding RFS Issues
(Renewable Fuels Association) Citing the need for more certainty and stability in uncertain times, as well as the legal requirement to meet statutory deadlines, the Renewable Fuels Association today urged EPA Administrator Andrew Wheeler to immediately address a number of unresolved
August 27, 2020 Read Full Article
Biden Campaign: Statement on Commitment to Renewable Fuel Standard Amid Trump Administration’s Repeated Attacks on Farmers and Producers
(WisPolitics.com) Instead of standing with those who till our land and sow our fields, we have a president who has sold out our farmers by undercutting the Renewable Fuel Standard with the granting of waivers to Big Oil. Those waivers severely
August 27, 2020 Read Full Article
NBB Launches Ad Campaign Urging President to Reject “Gap” SRE Petitions
(National Biodiesel Board) NBB encourages farmers, biodiesel producers to ask President Trump to keep his promise -- The National Biodiesel Board today launched a radio advertising campaign in six Midwestern states, urging President Donald Trump to keep his promise on the
August 27, 2020 Read Full Article
US Fuel-Makers Could Face 'Irreparable' Damage from Demand Collapse and the Move to Green Policy
by Josh Siegel (Washington Examiner) ... “Thankfully, I am not invested in refineries,” said Tom Kloza, global head of energy analysis at IHS Markit and founder of Oil Price Information Service. “They are having a pretty miserable year. They don't
August 19, 2020 Read Full Article
Enviros Aren’t Happy with Democratic Party Policy
(OK Energy Today/Politico) Environmental activists are complaining that the Democratic Party’s policy platform sent to delegates ahead of a final vote this week omits a call to end tax breaks and subsidies for fossil fuel companies — despite being approved by
August 19, 2020 Read Full Article
In Iowa, Trump Promises to Personally Get Involved in Corn Farmers' Dispute with EPA
by Abby Smith (Washington Examiner) Iowa corn farmers could get a boost in a long-running dispute with oil refiners as President Trump pledged to talk to Environmental Protection Agency officials overseeing biofuels requirements on their behalf. Trump said Tuesday during a visit
August 19, 2020 Read Full Article
Oil Man’ Reflects on Biofuels
by Larry Sullivan (Lee Enterprises Consulting, Inc./Biofuels Digest) ... There is much common ground between Big Oil, Big Soy, and Big Corn. Minnesota Big Iron companies provided computing power to the early days of Big Oil’s seismic surveys, and Iron
August 19, 2020 Read Full Article
Oil Refineries Convert into Biofuel
(WOWO Farm Director) Massive oil refineries in the western United States are making an unexpected transition. They’re being converted into biofuel plants. Phillips 66 recently announced it will convert a California oil refinery into a biofuel plant as gas continues
August 17, 2020 Read Full Article
Trump Seen Putting Biofuels Decisions on Hold
by Kelsey Tamborrino (Politico's Morning Energy) The Trump administration is likely to wait until after Election Day to weigh in on tough ethanol decisions for fear of triggering backlash among farmers or the oil sector. -- ... WAKE ME UP WHEN
August 17, 2020 Read Full Article
Axne: Fossil Fuel Companies Shouldn’t Receive Covid Relief Funds
(KMA Land/Iowa Agribusiness Radio Network) ... During a virtual forum with the Iowa Farmers Union on Wednesday, Third District Congresswoman Cindy Axne was asked whether fossil fuel companies should be eligible for pandemic relief funds. “Listen, my personal belief is no,” Axne
August 08, 2020 Read Full Article
U.S. Energy Department Recommends Granting Partial Retroactive Waivers to Refiners: Sources
by Stephanie Kelly (Reuters) The U.S. Department of Energy has recommended that some of the oil refiners that applied for retroactive exemptions from the nation’s biofuel blending law be granted partial relief, two sources familiar with the matter said on Tuesday. The
August 05, 2020 Read Full Article
BP Commits To Slashing Its Oil and Gas Operations, A Necessary Step for Climate Action
(Our Daily Planet) As Greentech Media reported, oil and gas giant BP announced yesterday that it will cut its oil and gas output by 40% by 2030 and increase its low-carbon investment tenfold by then as it begins to detail its 2050 net-zero strategy. This
August 05, 2020 Read Full Article
Will Trump's New Investment Proposal Help The Oil & Gas Industry?
by Tsvetana Paraskova (OilPrice.com)The U.S. Department of Labor – which has recently proposed a rule that would limit retirement funds’ investments based on environmental, social, and governance (ESG) criteria – is unlikely to incentivize more funds to invest in oil