Post Tagged with: "biofuels"

Source: Reuters

Facing wave of closures, oil refiners turn to biofuels


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


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 …