by Troy Shantz (The Sarnia Journal) A failed Sarnia bioplastics plant has been resurrected and is once again turning Ontario corn syrup into a key ingredient of biodegradable plastics. BioAmber was the
Tag "bankruptcy"
by Leopold Munhende (New Zimbabwe) THE Reserve Bank of Zimbabwe (RBZ) has finally given up on former Governor Gideon Gono’s Jatropha Biodiesel experiment. RBZ governor John Mangudya said in his 2021 Mid-Term
by Carly Nairn (Mongabay) – Algae biofuel initially looked promising, but a few key problems have thwarted major research efforts, including development of a strain of algae able to produce
by Paul Winters (National Biodiesel Board/Public Opinion) Jim Snell’s argument against the Renewable Fuel Standard needs fact checking (“Op-Ed: Renewable Fuel Standard makes us more reliant on foreign oil,” June 4). Of
by Jessica Corso (San Antonio Business Journal) Two San Antonio area companies in the biofuels and oil industries have filed for bankruptcy over the past week. On Oct. 13, Castroville-based Finger Oil
by James Osborne (Houston Chronicle) With his $2 trillion plan to cut greenhouse gas emissions, Joe Biden might seem a far from ideal president for the Texas oil and gas industry.
by Jim Lane (Biofuels Digest) CO2 levels are a problem. But why is this important? What does it have to do with bankruptcy and food security? What is a proposed solution
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
by Todd Neeley (DTN Progressive Farmer) … The number of farm bankruptcies continues to rise and a struggling livestock industry is putting increasing pressure on loan portfolios, both adding to
(Clarin (Google Translation)) From the chamber that brings the sector together, they demand that the Government update the price for the automotive market, which it has not published since December
by Andrew Maykuth (Philadelphia Inquirer) The U.S. Bankruptcy Court on Wednesday approved a settlement allowing Philadelphia Energy Solutions to pay a small portion of the millions of dollars it owes
(Farm Journal/AgWeb) Bankruptcies are rising and are expecting to increase due to problems associated with COVID-19. According to the American Farm Bureau Federation, Chapter 12 family farm bankruptcies for the 12 month
by Larry Lee (Brownfield Ag News) Two commodity analysts say the impact of the coronavirus outbreak on ethanol demand might permanently close some ethanol plants. Dale Durchholz is the principal at
by Stephanie Kelly (Reuters) The Trump administration has offered to place a $10 million cap on Philadelphia Energy Solutions’ biofuel blending obligations, effectively slashing the bankrupt refiner’s regulatory liability by
by Melody M. Bomgardner (Chemical & Engineering News) … Unlike fossil energy sources like US shale oil, where many operators may go bankrupt, renewables are poised to rebound as soon
by Marc Heller (E&E News) Fifteen years ago, farmers produced so much soybean oil they couldn’t figure out what to with it all. It was good for cooking and salad dressing
by Laila Kearney (Reuters) The bankrupt Philadelphia Energy Solutions is expected to sell its fire-damaged refinery site to real estate developer Hilco Redevelopment Partners, three sources familiar with the situation
(South Dakota Farmers Union/Farm Forum) South Dakota Farmers Union, together with leaders from 13 South Dakota agriculture organizations, sat down with Gregory Sopkin, U.S. Environmental Protection Agency (EPA) regional administrator for
by Clifford Krauss (New York Times) … In the last four years, roughly 175 oil and gas companies in the United States and Canada with debts totaling about $100 billion have
by Jarrett Renshaw (Reuters) Philadelphia Energy Solutions (PES) will seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex, the mayor
by Todd Neeley (DTN Progressive Farmer) … The latest planting progress report tells the story for worsening ethanol margins. An estimated 58% of U.S. corn was planted as of last Sunday, the
(Argus Media) Higher US biofuel blending mandates cannot make up for lost export trade opportunities, according to farm groups caught in the crossfire of the country’s trade war with China. US
by Jarrett Renshaw (Reuters) Philadelphia Energy Solutions Inc, owner of the largest and oldest refinery on the U.S. East Coast, is facing another financial crisis just months after emerging from a
by Meghan Sapp (Biofuels Digest) In Canada, BioAmber Inc. announced that it filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code and that its two Canadian subsidiaries,
by Michael Bastasch (The Daily Caller) The federal biofuel mandate “has failed to achieve its policy goals while imposing significant other costs on consumers,” according to a new report. Americans paid out
by Kelsey Tamborrino (Politico’s Morning Energy) A Delaware Bankruptcy judge approved a consent decree between EPA and bankrupt refiner Philadelphia Energy Solutions, allowing PES to get out of much of its
by Cindy Zimmerman (Energy.AgWired.com) Recent actions by EPA have effectively reduced the Renewable Fuel Standard conventional renewable volume obligation (RVO) for 2016 by more than 1 billion gallons, and the agency
(Biotechnology Innovation Organization) BIO is greatly concerned by the Department of Justice’s and Environmental Protection Agency’s proposed Settlement Agreement to resolve a dispute about the PES Holdings’ obligations under the
by Chris Clayton (DTN The Progressive Farmer) A special assistant to President Donald Trump on agriculture said Wednesday, “the search for a win-win continues” in the debate over how to relieve
by Ron Kotrba (Biodiesel Magazine) The public comment period opened March 16 after publication in the Federal Register on the proposed consent decree and environmental settlement agreement lodged by the U.S. Department of
by Jarrett Renshaw (Reuters) The state of Pennsylvania wants a federal judge to halt the bankruptcy of Philadelphia Energy Solutions (PES), arguing the refiner owes an estimated $3.8 billion in fuel
(Politico’s Morning Energy) With a settlement between refiner Philadelphia Energy Solutions and EPA in hand and voting in the Pennsylvania special election over, some biofuels observers think the issue may fall
by Rick Santorum (Washington Examiner) This January, I authored a column defending President Trump and rural champions in Congress who had come under attack by refineries for their support of American-made biofuels. A
by Kelsey Tamborrino (Politico’s Morning Energy) EPA will allow bankrupt refinery Philadelphia Energy Solutions to meet only a portion of its outstanding obligation under the Renewable Fuel Standard as part
by Meghan Gordon bankr(Platts) The White House has postponed a fourth round of talks between refinery and biofuel interests about reforming the US biofuel mandate, according to a refinery source close
by Rod Swoboda (Wallaces Farmer) With a White House meeting being held last week to discuss the fate of the Renewable Fuel Standard, a new study finds nearly 50,000 Iowa jobs
by Jim Lane (Biofuels Digest) In Washington, an unplanned on-stage telephone conversation between Senators Amy Klobuchar and Senator Charles Grassley of Iowa was the highlight of ABLC 2018 as high
by Jarrett Renshaw (Reuters) U.S. President Donald Trump has asked for more talks between representatives of the oil and corn industries after a meeting on Tuesday failed to yield an
by Jarrett Renshaw (Reuters) U.S. President Donald Trump has called a meeting early next week with key senators and Cabinet officials to discuss potential changes to biofuels policy, which is coming
by Erin Voegele (Ethanol Producer Magazine) On Feb. 21, Sen. Ted Cruz, R-Texas, spoke at a rally against the Renewable Fuel Standard hosted by Philadelphia Energy Solutions Inc., a refiner that
by Jarrett Renshaw (Reuters) Throughout 2016 and 2017, a rail terminal built to accept crude oil for the largest East Coast refinery often sat idle, with few trains showing up to unload.
by Mike Carr (The Hill/New Energy America) President Trump has pledged a theme of “energy dominance.” It’s not the first time Washington has had this thought. During the years I worked at
by Erin Voegele (Ethanol Producer Magazine) Sen. Chuck Grassley, R-Iowa, has released a memo produced by his energy policy staff that finds that Renewable Fuel Standard blending requirements and the cost
by Bob Dinneen (Renewable Fuels Association/Washington Times) The oil industry’s campaign to undermine the growth of domestically produced renewable fuels such as ethanol has certainly been ramped up lately. Today they’re
by Joelle Simonpietri (Biofuels Digest) On Jan 21st 2018, Carlyle-backed Philadelphia Energy Solutions(PES), the largest refinery complex on the U.S. east coast at 335,000 barrels per day, filed for Chapter 11 bankruptcy, blaming Renewable Fuel Standard (RFS)
by Jennifer A Dlouhy and Mario Parker (Bloomberg) Biofuel mandate overhaul mulled by Congress after bankruptcy; Unions and Pennsylvania politicians seek immediate action — The bankruptcy of Philadelphia Energy Solutions LLC, the biggest refiner on the
by Meghan Gordon (Platts) A major US ethanol trade group is urging the Environmental Protection Agency to be more transparent in weighing requests from small refineries to get out of their obligations
by Jarrett Renshaw (Reuters) More than two dozen small U.S. refineries are seeking waivers from the nation’s biofuels law, an unusually high number that reflects growing oil industry resistance to the
by Jim Lane (Biofuels Digest) “Italian newspapers reported over the weekend that cellulosic ethanol developer Mossi & Ghisolfi shuts down this week,” reported a source from Europe. “227 people of whom
by Vanessa Dezem and Fabiana Batista (Bloomberg Technology) Brazil leading international effort to expand industry; Biofuel investments worldwide are down 25% this year … Brazil is positioning itself as a global biofuels ambassador, fighting
by Siena Chrisman (CivilEats.com) ‘Homeplace Under Fire,’ The new film from Farm Aid, profiles the heroes of 1980s Farm Crisis and sets the stage for the next round of farm losses.
by John Fialka (E&E News/Climatewire) … As a major U.S. exporter that has dealings with over 150 countries, Boeing had worked with airlines in the development of more fuel-efficient aircraft and better
by Jim Lane (Biofuels Digest) … Bottom line, Abengoa Bioenergy Biomass of Kansas closed the sale of its cellulosic ethanol plant located in Hugoton, Kansas under the US Bankruptcy Code. Ocean
by Susanne Retka Schill (Ethanol Producer Magazine) The Kansas district bankruptcy court approved the top bid for Abengoa Bioenergy Biomass of Kansas in an order signed Nov. 29 by Judge
by Jim Lane (Biofuels Digest) In 2011, KiOR raised $150 million in its June IPO, claiming that it was generating yields of 67 gallons per ton in its Demo unit
(DTN/Progressive Farmer/KOOL) Shell Oil Company has agreed to buy Abengoa Bioenergy’s cellulosic ethanol plant in Hugoton, Kansas, for what could be a significantly discounted price of $26 million, according to
by Todd Neeley (DTN The Progressive Farmer) Abengoa Cellulosic Ethanol Plant Draws Wide Interest — … Mark Fisler, managing director of Los Angeles-based Ocean Park Advisers, the company hired by Abengoa
by Jim Lane (Biofuels Digest) In Nebraska, word has arrived from Green Plains that it will purchase the Madison, Ill.,
(BizHub) The Bio Ethanol Dung Quat Plant was closed for defaulting on the VND1.3 trillion debt it owed the banks,
by Jim Lane (Biofuels Digest) In Missouri, Ocean Park Advisors has been retained by Abengoa Bioenergy to find a strategic
by Jim Lane (Biofuels DIgest) … Old KiOR was exciting, dramatic, and fast, and the headlines it produced between 2008 and
by Jim Talent (Americans for Energy Security and Innovation/The Hill) Opponents of the Renewable Fuel Standard (RFS) claim that the
by Swetha Gopinath and David Henry (Reuters) Nearly two years into an epic oil rout, U.S. shale drillers that have
by Nick Cunningham (OilPrice.com) Global supply still exceeds demand, but there are solid signs that the overhang is finally starting
(Tuoi Tre News) An ambitious plan by the Vietnamese government to encourage the use of biofuel, or ethanol-mixed petrol, is
by Mario Parker (Bloomberg Business) … Back in 2007, when crude oil was headed toward a record $147.27 a barrel, ethanol
by Almuth Ernsting (Independent Science News) … The disastrous experience with Fischer-Tropsch biofuels is just one part of a much larger failure
by Asjylyn Loder (Bloomberg BusinessWeek) … The excitement made it easy to ignore one big problem: It was one of the
by Jim Lane (Biofuels Digest) Last month, Abengoa Bioenergy US Holding, LLC filed for Chapter 11 bankruptcy relief in the US Bankruptcy
by Jim Lane (Biofuels Digest) … Last week, we reported that potential buyers of Abengoa Bioenergy’s six first generation ethanol facilities
by Jim Lane (Biofuels Digest) In Missouri, Abengoa Bioenergy US Holding, LLC filed for Chapter 11 bankruptcy relief in the US Bankruptcy
(Morgan Stanley) As the world embraces a low-carbon economy, should investors change how they view fossil fuel investments? — … Most
by Marcelo Toledo from Ribeirao Preto (Folha de S.Paulo) The pessimistic predictions of the Brazilian sugarcane industry for 2015/16 appear
by Jeff Amy (The Dispatch/Associated Press) The state of Mississippi has sued billionaire Vinod Khosla and others, saying they knew
by Steven Mufson (The Washington Post) Just over a year ago, billionaire venture capitalist Vinod Khosla was bubbling with optimism
by Jack Weatherly (Mississippi Business Journal) Finding a buyer for the idled KiOR biofuels plant at Columbus would be
by Katy Stech (The Wall Street Journal) Struggling Fuel-Making Facilities Are in Danger of Falling to Liquidators Before Market Recovers