Biofuels
First corn ethanol project in Brazil starts production
LUCAS DO RIO VERDE, Brazil — A grand opening was held this past week signaling the start of operations at FS Bioenergia, a world-class $115 MM corn-only ethanol production facility located in Lucas do Rio Verde, Mato Grosso.
Greenfield Global evaluating major expansion of biofuels production in Quebec
VARENNES, QC — Greenfield Global Inc., (formerly GreenField Specialty Alcohols Inc.) Canada's largest ethanol producer and a world leader in high-purity specialty alcohols, announced that it has commenced a feasibility study to significantly expand operations for sustainable biofuel production at its biorefinery in Varennes, Quebec.
UFF to use Neste renewable diesel in its logistics chain
Neste MY Renewable Diesel, produced entirely from waste and residues, will reduce the amount of greenhouse gas emissions produced in UFF's logistics chain. UFF is an organization that recycles clothing for non-profit purposes, and the organization's logistics chain covers the whole of Finland. In collecting clothes for recycling and reuse, UFF clocks up about 800,000 km–900,000 km annually with its own vehicles.
India set to unveil new biofuel policy in bid to cut oil, gas, coal imports -minister
NEW DELHI (Reuters) — India will soon announce a new policy to promote biofuels as part of efforts by the world's third-largest emitter of greenhouse gases to cut imports of fossil fuels like oil, gas and coal, a government minister said on Thursday.
Shorting the short: Investors bet against Icahn's oil refiner after biofuel trade
NEW YORK (Reuters) — Investors have built up a large short position in investor Carl Icahn’s oil refining company, CVR Energy, in the past three months, according to Reuters data, as evidence mounts that the company’s gamble on the biofuels market is going sour.
US to reject biofuel program tweaks in blow to refiners, Icahn
WASHINGTON/NEW YORK (Reuters) — The Environmental Protection Agency will reject a proposed overhaul of the US biofuels program that would have shifted blending responsibility away from refining companies further down the fuel supply chain, three sources familiar with the matter told Reuters on Thursday.
Finnish oil refiner Neste reports lower profits, shares fall
HELSINKI (Reuters) — Finnish oil refiner and biofuel producer Neste on Thursday reported a drop in second-quarter earnings due to expiry of a US biofuel tax break plus the impact of maintenance stoppages at its conventional refineries.
Boxscore Construction Analysis: The state of the global downstream construction sector
In May, Lee Nichols, Editor and Associate Publisher of <i>Hydrocarbon Processing</i> and <i>Gas Processing</i>, presented a detailed, year-to-date trend analysis and review on new and active downstream construction projects around the world.
Icahn's biofuel bet faces significant headwinds
NEW YORK (Reuters) — Billionaire investor Carl Icahn's multimillion-dollar bet against US biofuel prices is looking increasingly risky in the wake of a Friday court ruling that will likely boost the cost of complying with the program.
US court decision may boost biofuels, hit refiners
NEW YORK (Reuters) — The US government may have to require more biofuels to be blended into the country's fuel supply after a court ruled on Friday that the mandates must be reconsidered, a decision that boosted renewable fuel credits to seven-month highs on financial markets.
- U.S. EIA forecasts new export licensing requirements will reduce U.S. ethane exports 6/18
- Nigeria to export first gasoline cargo to Asia from Dangote refinery 6/18
- Indian refiners cancel palm oil orders for July-September as prices surge 6/18
- U.S. set to object to green jet fuel recommendation at UN aviation council 6/18
- Phoenix Contact introduces intrinsic safety versions of the MINI Analog Pro Ex conditioners for hazardous areas 6/18
- EIA: U.S. crude inventories fall by most in a year, fuel stocks build 6/18
