Post Tagged with: "biofuels"

Source: Reuters

Exclusive: Biofuels processor POET in talks to acquire Flint Hills’ ethanol assets – companies

Reuters


NEW YORK – POET, the largest biofuels producer in the United States, is in discussions with Flint Hills Resources to acquire the entirety of Flint Hills’ ethanol assets, both companies told Reuters on Thursday.

The deal would increase POET’s …

Source: Reuters

U.S. renewable fuels market could face feedstock deficit

Reuters


NEW YORK  – Demand for feedstocks from renewable fuel producers is expected to surge in the United States in coming years as companies scramble to expand output.

Energy from material that comes from plants and animals, or biomass, currently …

Source: gunvorgroup.com

Energy trader Gunvor to cut emissions by 40%, sets up renewables arm

Reuters


LONDON  – Energy trader Gunvor Group aims to cut its Scope 1 and 2 emissions by 40% in absolute terms by 2025, the company said on Tuesday, and has set up a new subsidiary to invest in non-hydrocarbon projects.…

Source: Reuters

Shell targets power trading and hydrogen in climate drive

Reuters


LONDON – Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company …

Source: Reuters

Exclusive: U.S. oil industry seeks unusual alliance with Farm Belt to fight Biden electric vehicle agenda

Reuters


NEW YORK – 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 a cool reception, …

Source: Reuters

Facing wave of closures, oil refiners turn to biofuels

Reuters


LONDON/NEW YORK  – 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 produce biofuels.…

October 19, 2020 - 1:00 pm Closing Bell Story‎, Downstream, Energy News
Source: Reuters

U.S. refiners’ biofuel bills soar in oil market slump

Reuters


U.S. oil refiners this quarter are expected to spend the most since at least 2018 to meet U.S. biofuels requirements, further pressuring margins hit by the collapse since March in global prices and demand.

Under renewable fuel legislation originally …

Source: Data Gumbo

Verisk to Acquire Genscape

By Tyler Losier, Energy Reporter, Oil & Gas 360

Genscape will become a part of Verisk subsidiary Wood Mackenzie
Verisk (stock ticker: VRSK), a data analytics provider headquartered in New Jersey, has signed a definitive agreement to acquire Genscape, a

Congressman Seeks to Raise Ethanol Content at the Pump to 15%

Congressman Seeks to Raise Ethanol Content at the Pump to 15%

The Energy Independence and Security Act of 2007 (EISA) set yearly RFS volume requirements for each renewable fuel category. EPA updates volume requirements each year based on fuel availability.

The RFS is a federal program that requires transportation fuel that …