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
Tag "Big Oil/Oil Majors"
(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
(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
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
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,
(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
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 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
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
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
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
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
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
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
(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.
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
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
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
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
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
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
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
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 —
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
(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
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
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
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
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
(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
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
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
(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
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
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
(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
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
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

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,
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
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
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
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
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
(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
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,
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
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
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
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,
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
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
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
(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
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,
(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
by Jeffrey T. Lewis (Morningstar/Dow Jones/Petrobras) Brazilian oil company Petroleo Brasileiro SA, or Petrobras, said Tuesday it is creating a new
by Jim Lane (Biofuels Digest) Q3 2020 was rough for many companies, but not for Neste who recorded a solid
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
(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
by Janet McGurty (S&P Global Platts) Government incentives drive renewable diesel projects growth; Demand up as regional low carbon regulations increase —
by Brent Sohngen (Columbus Dispatch) …When Joe Biden exclaimed that he wanted to transition the American economy from oil, the
by Dino Grandoni with Alexandra Ellerbeck (Washington Post) Joe Biden said he wanted a “transition” away from the oil industry.
by Kim Chipman and Jennifer A Dlouhy (Bloomberg Green) Presidential, Iowa Senate races put biofuel in spotlight; Renewable Fuel Standard uncertainty
by Matt Russell (Des Moines Register) … We don’t produce fossil fuel in Iowa. However, Republicans are clear they support Big Oil.
(Alfa Laval/PR Newswire) Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an
by Ron Bousso and Laura Sanicola (Reuters) European and U.S. oil refineries face a wave of closures due to plateauing fuel
by Camila Domonoske (National Public Radio) Oil is facing an existential crisis. There has never been so much uncertainty about the future
by Mark Dorenkamp (Brownfield Ag News) The EPA recently denied 54 so-called “gap year” small refinery exemption requests, but Renewable Fuels
by Helena Tavares Kennedy (Biofuels Digest) Brightmark and Chevron just formed a joint venture to own projects across the United States
(Biofuels International) PKN ORLEN is the first oil company in central Europe to declare an aspiration towards achieving emission neutrality
by Laura Sanicola, Rod Nickel (AgCanada/Glacier Farm Media/Reuters) U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash
by Kelsey Tamborrino (Politico’s Morning Energy) : The Supreme Court will hear an appeal from oil companies aiming to overturn
(Energy Market Price/S&P Global) ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are
(Bailout Watch) The U.S. government’s efforts to stabilize the financial system at the start of the global pandemic last spring
by Adam Porter (Argus Media) Total said today that it plans to add an additional 300,000 t/yr of hydrotreated vegetable oil
by Tim Treadgold (Forbes) … Until recently renewable diesel was very much a niche product which failed to attract mainstream
(Total) Within the framework of its net zero strategy, Total will convert its Grandpuits refinery (Seine-et-Marne) into a zero-crude platform. By
(Chevron/Market Watch) California Bioenergy LLC (CalBio), Chevron U.S.A. Inc. and local dairy farmers today announced their joint venture, CalBioGas LLC, successfully
by Ron Bousso (Reuters) Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and
(Rural America 2020) ‘Trump’s Broken Ethanol Promise’ campaign will focus on the President’s failure to deliver on promises on ethanol and
by Steven Mufson (Washington Post) … BP, one of the world’s largest oil and gas companies, is aiming to ride
by Jerry Hagstrom (DTN Progressive Farmer) House Speaker Nancy Pelosi, D-Calif., said Tuesday that the House will take up the Renewable
(The Gazette) President Donald Trump has been receiving praise from farm state Republicans for his decision to deny the “gap year”
by Stephanie Kelly, Jarrett Renshaw (Reuters) The Trump administration is considering at least $300 million in cash aid to U.S.
(Renewable Fuels Association) The House Committee on Energy and Commerce today unveiled the Clean Economy Jobs and Innovation Act, which contains provisions requiring
by Stephanie Kelly (Reuters) U.S. Democratic presidential nominee Joe Biden late on Tuesday attacked President Donald Trump’s record on ethanol,
(Nikkei Asian Review) Southeast Asian production rises while palm oil waste also takes the spotlight — Japanese biofuel companies are expanding
(Our Daily Planet) Yesterday, the world’s leading oil producers, the Organization of Petroleum Exporting Countries (OPEC), projected a larger decrease in
by John Herath (Farm Journal Ag/Web) Applications for oil refiners to be exempted from the Renewable Fuels Standard (RFS) have been
by Jennifer A Dlouhy (Bloomberg) Trump administration officials are developing a plan to offset the potential economic damage of denying
(ExxonMobil) ExxonMobil Completes Successful Sea Trial of its First Marine Bio Fuel Oil: Successful sea trial completed with leading tanker shipping company
by Sheela Tobben and Javier Blas (Bloomberg) … Some of the world’s biggest oil traders are getting ready for the possible
by Meghan Sapp (Biofuels Digest) In New York state, Reuters reports that RIN prices skyrocketed a two-year high of 55 cents
by James Osborne (Houston Chronicle) … And with the election just two months away, all signs are Trump is trying
(Our Daily Planet) While California Governor Gavin Newsom has called his state “a leader in the fight to transition away from fossil
by James Osborne (Houston Chronicle) … Under draft rules to be published Tuesday, the U.S. Forest Service would be limited
(Renewable Fuels Association) Citing the need for more certainty and stability in uncertain times, as well as the legal requirement to
(WisPolitics.com) Instead of standing with those who till our land and sow our fields, we have a president who has sold
by Josh Siegel (Washington Examiner) … “Thankfully, I am not invested in refineries,” said Tom Kloza, global head of energy
(OK Energy Today/Politico) Environmental activists are complaining that the Democratic Party’s policy platform sent to delegates ahead of a final vote
by Abby Smith (Washington Examiner) Iowa corn farmers could get a boost in a long-running dispute with oil refiners as President
by Larry Sullivan (Lee Enterprises Consulting, Inc./Biofuels Digest) … There is much common ground between Big Oil, Big Soy, and
(WOWO Farm Director) Massive oil refineries in the western United States are making an unexpected transition. They’re being converted into
by Kelsey Tamborrino (Politico’s Morning Energy) The Trump administration is likely to wait until after Election Day to weigh in
(KMA Land/Iowa Agribusiness Radio Network) … During a virtual forum with the Iowa Farmers Union on Wednesday, Third District Congresswoman Cindy
by Stephanie Kelly (Reuters) The U.S. Department of Energy has recommended that some of the oil refiners that applied for retroactive
(Our Daily Planet) As Greentech Media reported, oil and gas giant BP announced yesterday that it will cut its oil and gas
by Tsvetana Paraskova (OilPrice.com)The U.S. Department of Labor – which has recently proposed a rule that would limit retirement funds’
by Patty Judge (The Gazette) Rural voters are growing tired of Donald Trump. Recently, the Iowa Poll put Vice President Biden
(Office of Representative Ilhan Omar (D-Minn.)) Rep. Ilhan Omar (D-Minn.) and Sen. Bernie Sanders (I-Vt.) together with Sen. Merkley (D-Ore.), Sen.
by Linda Qiu (New York Times) … Likewise, Mr. Trump has sought to curry favor with corn farmers in Iowa
by Andy Hecht (Investing.com) … The biofuel may see lots of volatility in the run-up to the 2020 US election —
(DTN’s Washington Insider) At least 58 retroactive small refinery exemption (SRE) requests have been received by the Environmental Protection Agency (EPA),
by Charles Kennedy (OilPrice.com) Some of the biggest oil companies in the world set their first joint target to cut their
(IHS Markit) “Striking pace of growth” in renewable projects powering oil and gas field operations — Oil and gas field
by Valerie Volcovici (Insurance Journal/Reuters) The attorney general for the District of Columbia on Thursday filed a lawsuit against Exxon Mobil Corp,
(FuelsEurope) The ambition of the European Union is to be climate neutral by 2050. The European refining industry supports the same
by Glenn Minnis (The Center Square) … The president was there to help industry executives celebrate his administration’s removal of
by Kelsey Tamborrino (Politico’s Morning Energy) REPUBLICANS BACK BILL TO HELP OIL SECTOR: Texas Sen. John Cornyn introduced legislation on Tuesday to help the hard-hit
by Myles McCormick (Financial Times) Rystad Energy says its estimate of recoverable barrels of crude has dropped by 282bn —
(Renewable Fuels Association/National Biodiesel Board/Farm Progress) Renewable Fuels Association, National Biodiesel Board critical of these petitions, say refiners are trying
by Mike Newman (Parhelion Underwriting Inc./Biofuels Digest) … The focus was on renewable fuels in the Renewable Fuel Standard (RINs)
by Stephanie Kelly (Reuters) A leading U.S. biofuel trade group said on Thursday it had started conversations with the campaigns of
(Orion Energy, GCM Grosvenor, Voya/Global Clean Energy/CISION/PR Newswire) Orion Energy Partners, L.P. (“Orion Energy”), GCM Grosvenor and Voya Investment Management
by Gerard J. Ostheimer and Douglas L. Faulkner (below50/“the Clean Tech Conservative”/Leatherstocking LLC/Biofuels Digest) … (W)e would like to point
(Renewable Fuels Association) The Renewable Fuels Association on Friday urged the U.S. Environmental Protection Agency to deny new petitions submitted by
by Steven Mufson (Washington Post) Since severing investments in fossil fuels, Rockefeller Brothers Fund has outpaced its financial benchmarks. —
by Dan K. Eberhart (CNN Business Perspectives) … President Trump indicated that some sort of financial bailout for the US
by James Osborne (Houston Chronicle) Oil and gas companies that have struggled for years under low crude prices are reaping
by Ty Jayan (The Hindu Business Line) Govt recently approved an additional ethanol capacity of 600 crore litres — Sugar industry,
(Law360) The U.S. Supreme Court on Monday declined to review a U.S. Environmental Protection Agency policy that fuel blenders aren’t responsible
by Helena Tavares Kennedy (Biofuels Digest) In Washington, D.C., two biofuels groups, Iowa Biodiesel Board and Renewable Fuels Assocation, both
by Jim Talent (The Gazette) … Oil companies have requested special access to a $600 billion lending facility at the
by Kelsey Tamborrino (Politico’s Morning Energy) Maryland Rep. Jamie Raskin led 60 Democratic lawmakers in a letter to House leadership Monday opposing any efforts by
by Emily Holden (The Guardian) Revealed: Oil and mining firms – some with ties to Trump officials – taking advantage
by Allison Good, Taylor Kuykendall and Dan Testa (S&P Global) … The coronavirus pandemic may accelerate a shift from fossil fuel
(Renewable Fuels Association) A coalition of ethanol and farm groups today sent a letter to the Environmental Protection Agency opposing the
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