by Lauren Moffitt (Argus Media) Weaker crude oil prices have eroded the competitiveness of biofuels as a transport fuel in a global economy battered by Covid-19, leaving any expansion of ethanol-gasoline
Tag "oil prices"
by Bernadette Christina and Fathin Ungku (Reuters) Policy adjustments required to sustain biodiesel subsidies; Biodiesel program may see $865 mln deficit in 2021-economist; Price gap between crude palm oil and
by Haley Zaremba (OilPrice.com) … In the absence of gasoline demand, refineries have been casting around for alternate solutions to keep their plants up and running, and it looks like
by Benoît Pelegrin (Agence France-Presse/Barrons) Hit by the coronavirus pandemic and a sharp drop in oil prices, biofuel demand has declined for the first time in two decades and may struggle
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
by Sara West (Imperial College London) Scientists have developed a cost-effective method of biofuel extraction which could make them viable alternatives to fossil fuels in transport. Biofuels, which are made from
(Biofuels International) The Biofuture Platform is leading calls for urgent collaboration from policymakers following a 12% drop in biofuel output this year announced in the International Energy Agency. The multi-stakeholder
(Fitch Ratings) The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and
Tomas Ekbom and Cecilia Higa (Swedish Bioenergy Association/IEA Bioenergy Task 39 Newsletter) … In the beginning there was ethanol In 1907, there were only 662 vehicles registered in Sweden. The
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 Michael J. Coren (Quartz) Not all oil is equal. We think of petroleum as equivalent whether it comes from the ground in Saudi Arabia or Texas. But that’s not quite
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 Lisa Gibson (Ethanol Producer Magazine) A survey of ethanol plant CEOs and general managers shows the COVID-19 downturn had a significant impact on their operations. Most producers have substantially
by Justin Miller (Texas Observer/Popular Science) … Thousands flocked to the region to get a piece of the boom. “You could be someone with no college degree, no high
(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
(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
by Rohan Somwanshi, Shikha Singh and Mugunthan Kesavan (S&P Global Platts) US corn sales to China shows insufficient domestic supply; US ethanol output blip will not impact DDGS exports to Southeast Asia; Vietnam,
by Cindy Zimmerman (Energy.AgWired.com) House Agriculture Committee Chairman Collin Peterson puts ethanol second only to the hog industry in priority to get some kind of assistance to mitigate losses this year
(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
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
by Jim Lane (Biofuels Digest) Today, biobased mandates around the world. Where are the markets you can count on, how much can you count on? 65 countries in all, We’ll
by Donnelle Eller (Des Moines Register/Ames Tribune) … “I’ve sat in front of the president, and he does look you in the eye, and he does listen to you,” (Bill) Couser
(National Association of Convenience Stores) After plummeting this spring during the pandemic, oil prices are set to recover by the first half of next year, according to a recent Bank of
(Today/Reuters) Indonesia may further increase palm oil export levies in future to support its ambitious biodiesel programme as the price of crude oil is expected to remain weak next year, a
by Steve Csonka (Commercial Aviation Alternative Fuel Initiative) Today is National Aviation Day in the U.S., a recognition instituted by FDR in 1939, honoring the birthday of Orville Wright, but
by Jeremy Dillon (County 17/E&E News) The Senate Environment and Public Works Committee will head to Wyoming this week for a field hearing to analyze the state’s efforts on carbon capture
by Jim Lane (Biofuels Digest) News arrives from Sao Paulo and Rome that GranBio and NextChem have inked a strategic alliance and will co-license GranBio’s patented technology for the production of
by Kevin Crowley (Bloomberg/Yahoo! Finance) Exxon Mobil Corp. and Chevron Corp. posted the worst losses in a generation after the pandemic and a global crude glut combined to batter almost every
Bernadette Christina, and Fathin Ungku (Reuters) Indonesia’s plans to raise the bio-content of its palm oil-based biodiesel to 40% – known as B40 – is back on schedule with a target
by Andy Hecht (Investing.com) … The biofuel may see lots of volatility in the run-up to the 2020 US election — The US election in early November will determine the path
(Renewable Fuels Association) The COVID-19 crisis has already led to more than $3.4 billion in lost revenues for the U.S. ethanol industry, according to an economic analysis released today by the
by Todd Woody (Bloomberg Green) To reignite the industry, biofuels need the type of government incentives that allowed solar and wind companies to flourish, analysts say. — … Technology from
by Joe Wallace (Wall Street Journal) Debate rages about the long-term value of crude in the wake of its collapse and quick recovery — The coronavirus pandemic has stalled factories
John R. Hannon, Lee R. Lynd, Onofre Andrade, Pahola Thathiana Benavides, Gregg T. Beckham, Mary J. Biddy, Nathan Brown, Mateus F. Chagas, Brian H. Davison, Thomas Foust, Tassia L. Junqueira,
(RFD TV) … Both the oil and ethanol sectors are asking the federal government to step in as each one sees a sharp decline in prices and production. Oil groups
by Mike Newman (Parhelion Underwriting Inc./Biofuels Digest) … The focus was on renewable fuels in the Renewable Fuel Standard (RINs) and California’s Low Carbon Fuel Standard (LCFS credits). Stakeholders came
by Susanne Retka Schill (Ethanol Producer Magazine) The U.S. Departments of Agriculture and Energy may be just a block or two apart on Independence Avenue in Washington, D.C., but they
by Zheng Xin (China Daily) China Petrochemical Corp, the country’s largest oil refiner, vows to further step up its involvement in the biofuel market by continuing its B5 biodiesel project
by Sal Gilbertie (Forbes) The relationship between gasoline and ethanol returns towards normal as huge unemployment decline foretells of a back to work, commuter driven increase in gasoline demand Gasoline
(Axios) Despite federal and industrial efforts to lean on renewable fuel sources, biofuels may be too expensive to ever outcompete fossil fuels. WATCH VIDEO
by Gerard J. Ostheimer and Douglas L. Faulkner (below50/“the Clean Tech Conservative”/Leatherstocking LLC/Biofuels Digest) … (W)e would like to point out a number of anniversaries put biofuels and bio-based products
by Jim Lane (Biofuels Digest) As the month of May comes to a close and many states are re-opening, The Digest published this “Agricultural & Energy Dashboard” visual guide showing what’s
by Tristan R. Brown (Seeking Alpha) Summary: -The share prices of U.S. ethanol producers have mostly retraced the major declines that they experienced in March and April as the COVID-19 pandemic
by Dan K. Eberhart (CNN Business Perspectives) … President Trump indicated that some sort of financial bailout for the US oil industry — and the millions of jobs it supports
by Jim Lane (Biofuels Digest) Alot has changed since February, but what exactly in terms of the energy sector and financial impacts from COVID-19? Dive into this detailed assessment by
by Gayatri Suroyo, Tabita Diela, Bernadette Christina Munthe and Fransiska Nangoy (Reuters) The Indonesian government is considering alternate plans to increase subsidies for the country’s ambitious biodiesel programme after crude oil
(Reuters (Google Translation)) The soybean industry, which accounts for most of the raw material used in biodiesel production in Brazil, is pleading that, given the drop in consumption due to
by Jim Lane (Biofuels Digest) A new technology that produces a doubling of overall biomass in algae and 40 percent in camelina has appeared on the horizon, and I’d like
by Bernadette Christina (Reuters) Indonesia is likely to delay plans to raise bio-content in palm oil-based biodiesel to 40%, and keep going with an already ambitious 30% content, a senior official said,
by Jim Lane (Biofuels Digest) Regardless of the Covid-19 pandemic, Neste’s just released Q1 financials show a solid start to the year and good results despite margin pressure. But how? Adaptation.
(Bloomberg/Yahoo! Finance) … Gasoline demand is rebounding, suggesting that the car — at least for now — is making a comeback. As lockdowns ease and parts of the world reopen for
by Richa Mishra, TV Jayan (The Hindu Business Line) Commitment to EBP scheme gives sugar industry confidence to set up distilleries — To ensure that the country does not miss any
by Jim Talent (The Gazette) … Oil companies have requested special access to a $600 billion lending facility at the Federal Reserve, and the administration seems keen to deliver. The
by Emily Holden (The Guardian) Revealed: Oil and mining firms – some with ties to Trump officials – taking advantage of funding, review shows — US fossil fuel companies have taken
by Allison Good, Taylor Kuykendall and Dan Testa (S&P Global) … The coronavirus pandemic may accelerate a shift from fossil fuel spending to investments in renewable energy, but the pace of
by Rhiannon Branch (Brownfield Ag News) A University of Illinois ag economist says he does not expect a bounce back from ethanol demand destruction anytime soon. “I think it’s going to be
by Saleha Mohsin, Ari Natter and Jennifer A. Dlouhy (Bloomberg/RigZone) The Trump administration may announce as soon as Thursday a plan to offer loans to the ailing oil industry possibly in
by James Osborne, Sergio Chapa and Erin Douglas (Houston Chronicle) … The mass shutdown of Texas oil fields has begun after an unprecedented crash that last week drove crude prices
by Doug Durante (Clean Fuels Development Coalition/Biofuels Digest) … I want build on the theme that now, when we’ve been knocked down and are on the mat is when we need support,
by Larry Lee (Brownfield Ag News) An ag economist expects Washington lawmakers will be revisiting the Renewable Fuel Standard. Scott Irwin with the University of Illinois says, “I think we’re going to
by Will Englund (Washington Post) President Trump said Tuesday he has ordered his administration to come up with a plan
by David Roberts (Vox) Oil and gas companies were already facing structural problems before Covid-19 and are in long-term decline.
(Renewable Fuels Association) As the COVID-19 pandemic and crude oil glut continue to ravage world fuel markets, U.S. ethanol sales in
“It’s worth remembering that Wall Street can make money even when the businesses that they are funding don’t make money,”
by Cindy Zimmerman (Energy.AgWired.com) U.S. ethanol producers struggling with the largest downturn in the history of the industry were disappointed to
by Rebecca Beitsch (The Hill) The Environmental Protection Agency (EPA) is weighing whether to let oil refineries skip on adding ethanol
(National Corn Growers Association) This may be a tumultuous time for corn farmers and ethanol producers. But then again, the ethanol industry’s
by Nathan Anderson (Columbia Daily Tribune) Already hurting from the upheaval caused by a long-lasting trade war, U.S. farmers are now expected
by Melody M. Bomgardner (Chemical & Engineering News) … Unlike fossil energy sources like US shale oil, where many operators
by Lisa Martine Jenkins (Morning Consult) — 38% of voters support a bailout for the oil and gas industry, compared
(UFOP/Biodiesel Magazine) The vegetable oil markets are currently extremely calm. The coronavirus pandemic is creating pressure in the financial and commodities
by Cindy Zimmerman (Energy.AgWired.com) USDA’s 2020 Prospective Plantings report released Tuesday estimates planted acres for corn this year at 97.0 million acres, up
by Scott Irwin and Todd Hubbs (FarmDocDaily) … One implication of the virus-related restrictions is that people are driving much
by Kelsey Tamborrino (Politico’s Morning Energy) SENATE PASSES RELIEF PACKAGE: The Senate last night unanimously passed a mammoth $2 trillion coronavirus
by Stephanie Kelly (Reuters) U.S. ethanol producers are on track to shut about 2 billion gallons of annualized output by the
by Gerard J. Ostheimer and Douglas L. Faulkner (below50/Leatherstocking LLC/Biofuels Digest) … The 1 – 2 punch of the COVID-19
by Meghan Gordon and Brian Scheid (S&P Global Platts) Trump administration sought $3 billion to buy US crudes; Analyst sees market hit
(The Pioneer) The state cabinet in a meeting on Tuesday gave nod for establishing ethanol plants at cooperative sugar mills of
by Meghan Gordon (S&P Global) US Senator Chuck Grassley, Republican-Iowa, urged the Trump administration Thursday to help the US biofuel
by Rebecca Beitsch (The Hill) A growing number of Democrats are voicing concern that the White House may pursue broad relief
by Jerry Perkins (Successful Farming) … The downturn in demand for ethanol, which is blended at a 10% rate in
by Ken Anderson (Brownfield Ag News) … With many ethanol plants on the verge of shutting down, we implore the Trump
by Fabiana Batista and Tatiana Freitas (Bloomberg/Yahoo! Finance) … The spectacular plunge in the crude market is sparking unprecedented reverberations
by Lisa Gibson (Ethanol Producer Magazine) A report from University of Illinois Extension shows weak demand for corn for ethanol use,
by Marta Nogueira, Marcelo Teixeira (Reuters) Brazil’s state-controlled oil company Petrobras cut gasoline prices at refineries in the country by almost
by Kelsey Tamborrino (Poltico’s Morning Energy) JUST WHEN HE THOUGHT HE WAS OUT:The president is once again caught in the
by Jeff Stein, Will Englund, Steven Mufson and Robert Costa (Washington Post) … The White House is strongly considering pushing
by Isis Almeida, Michael Hirtzer, and Jen Skerritt (Bloomberg) Oil’s nosedive is sending farmers a stark reminder: they also need
(U.S. Energy Information Administration) The U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2020 (AEO2020) projects that U.S. biofuel production will slowly grow
by Jennifer A Dlouhy (Bloomberg) Appeal would be ‘a stunning betrayal’ of farmers, groups warn; Move allows EPA to keep
by Dan Murtaugh, Alex Longley, and Jacqueline Davalos (Bloomberg) Saudi Arabia and Russia both plan to increase production; IEA sees
(Biofuels International) A team of bioengineers and economics from KU Leuven in Belgium has mapped out how wood could replace
by Jeffrey Bair and Michael Hirtzer (Bloomberg/Yahoo! Finance) BP Plc and Royal Dutch Shell Plc are exploring adding more ethanol in
by Tristan R. Brown (Seeking Alpha) A new dataset illustrates for investors why the U.S. ethanol sector is staking its future
by Scott Richman (Renewable Fuels Association) The recent conflict with Iran and its proxies in Iraq has served as a reminder
(Renewable Fuels Association) Tensions in the Middle East have inflamed global oil markets, sending Brent crude oil futures over $70 per
by Kelsey Tamborrino (Politico’s Morning Energy) … Another looming fight: EPA’s proposals to weaken rules on greenhouse gas emissions from
by Jim Lane (Biofuels Digest) A mere “The Year in Rewind” as we sail into 2020? Not the good ship Digest!
The Kodak Moment: The World’s Airlines Consider Their Low-Carbon Options in an Era of Flight-Shaming
by Jim Lane (Biofuels Digest) … Now, the airlines were just about the first customers to clamor for advanced biofuels. In
by Clifford Krauss (New York Times) A surge of oil production is coming, whether the world needs it or not. The flood
by Jim Lane (Biofuels Digest) It’s ABLC Week and the semi-annual State of the Industry Address was a highlight at
by Marc J. Rauch (The Auto Channel) … Several weeks ago I had the opportunity to write to Chris (Edewards)
by Meghan Sapp (Biofuels Digest) In the Philippines, the Department of Energy is seeking to crack down on anti-competitive behavior when
by Candace Krebs (Ag Journal) … “What people don’t realize is that shale provides a particular very light type of oil,
by Thomas Mulloy (C Store Decisions) …“Successfully Retailing Biofuels” sorted through the misconceptions and logistics of selling biofuels alongside non-renewable
by Chris Galford (Transportation Today News) New research from economist Dr. Philip Verleger, Jr. examines market disruptions from more than
by John Cumbers (Forbes) When it comes to action on climate change, what’s good for the planet must also benefit the
by Stephanie Kelly (Reuters) President Donald Trump on Thursday discussed biofuels policy with senators from U.S. oil states, including Louisiana
(Renewable Fuels Association) A new study shows that the Renewable Fuel Standard not only saves drivers money at the gas pump
(Renewable Fuels Association) Drone attacks Saturday in Saudi Arabia destroyed oil fields and caused a record spike in oil prices overnight,
(Wall Street Journal) The great myth of political subsidies for business is that they will help an industry get started
by Pharoah Le Feuvre (International Energy Agency) Transport biofuel production expanded 7% year-on-year in 2018, and 3% annual production growth
by Emiliano Bellini (PV Magazine) According to a new report by BNP Paribas Asset Management, renewables offer more advantages than simply
by Ruth Kassinger (Boston Globe) … We’ve turned algae into killers. But we can change their future and ours. We can
by Douglas L. Faulkner (The Cleantech Conservative/Leatherstocking LLC/ Biofuels Digest) … (W)e first addressed bio-based plastic research needs; second, we reviewed government regulations
by Jim Lane (Biofuels Digest) Today, the Digest turns 12. Since the Digest was launched in July 2007, we’ve had the privilege
(Wall Street Journal) Two gas stations right next door to each other can have different prices for a gallon of gas.
by Clifford Krauss (New York Times) … In the last four years, roughly 175 oil and gas companies in the United
(EURACTIV) Europe’s demonstrated preference for ideology over science explains why Europe is both the most vocal climate proponent on the world
by Meriana Johnsen (Newsie) KiwiRail is set to trial biodiesel on some trains and ferries, but it cannot source enough to
by Christian Wallace (Texas Monthly) … I was riding shotgun with Josh Snow, an old friend who’s worked his way up
by Jim Lane (Biofuels Digest) … So, producers band together to limit production and raise prices in the short term and
by Kelsey Quargnenti (Renewable Fuels Association) The Renewable Fuel Standard (RFS) has lowered gas prices by an average of 22 cents
by Nanda Kasabe (Financial Express) Sugar millers in Maharashtra have sought the intervention of the Niti Aayog to ensure long term purchase
by Nick Savvides (Freight Waves) … One company has gone a step further and is looking at developing the zero-fuel
by Jim Lane (Biofuels Digest) Recently from California comes the news that advanced materials wunderkind Checkerspot has closed its Series A
by James Talent (The Hill/Americans for Energy Security and Innovation) … (Environmental Protection Agency head Andrew) Wheeler announced more oil industry handouts
by Brent Martin (St. Joseph Post) … CEO Geoff Cooper with the Renewable Fuels Association acknowledges a decrease in ethanol production
by Bryce Knorr (Farm Progress) Biofuel bust could get a little relief soon. — Pain at the pump could mean at
by Jim Lane (Biofuels Digest) International Energy Agency is an autonomous organization that works to ensure reliable, affordable and clean
(Solutions from the Land) In its 2019 Annual Energy Outlook issued this month, the DOE’s Energy Information Administration offers projections that make clear
by Nicolle Monteiro and Castro Beatriz Pupo (S&P Global) Brazilian ethanol prices, production and consumption patterns are more than ever driven
(Growth Energy) Federal forecasts in the U.S. Energy Information Administration’s (EIA) newly released Annual Energy Outlook 2019 (AEO2019) underscore the importance
by Jim Lane (Biofuels Digest) IEA Bioenergy is looking at how advanced biofuels could be more affordable and what sort of
by Helena Tavares Kennedy (Biofuels Digest) … So on this last day of 2018, join the Biofuels Digest in looking back
(Bloomberg) … Millers could make more sugar as oil drop damps ethanol view … The one thing that kept the rout
by Sarantis Michalopoulos (EURACTIV) Increasing ethanol use will help countries around the world meet their Paris Agreement climate goals in a cheaper
by Jesse Stolark (Environmental and Energy Study Institute) … The industry has been unable to produce the volumes called for
by Jim Lane (Biofuels Digest) Promote short term deployment of mature options, stimulate the development and deployment of new technologies, deliver
by Jim Lane (Biofuels Digest) The Biofuture Platform aims to be an action-oriented, country-led, multi-stakeholder mechanism for policy dialogue and collaboration
(Fraunhofer-Gesellschaft/TechExplore) … Even then, gasoline would still be required to power combustion engines, which will be operating for decades to come.
(Vietnam.net) Common ethanol fuel mixture (E5 RON 92 gasoline) has been receiving many incentives from the State. However, high prices of
by Ron Kotrba (Biodiesel Magazine) Crude oil prices recently reached a four-year high, helping drive up biodiesel fuel prices and improve
(The Jakarta Post) State-owned oil and gas holding company Pertamina has announced a price increase for several types of non-public service
(Times of India) Referring to country’s high fuel import bill and rising oil prices, Union minister for road transport and highways Nitin
by Steve Scauzillo (San Gabriel Valley Tribune/The Sun) … But in about 190 stations in California, there exists an alternative: One
by Tom Krisher adn Sudhin Thanawala (Associated Press) Automakers sought flexibility while environmental groups blasted the Trump administration’s proposal to roll
(Union zur Förderung von Oel- und Proteinpflanzen (UFOP)) The scarcity of supply of agricultural feedstock due to drought-related declines in
by Sarah Huddle (Old Dominion University) … Cutting-edge research in the Batten College of Engineering and Technology at Old Dominion University is
IPART Seeks Comment on Ethanol Market Monitoring COMMENT DEADLINE: September 10, 2018
(Independent Pricing and Regulatory Tribunal) The Independent Pricing and Regulatory Tribunal (IPART) is seeking comments on its proposed approach to