Biofuels
US refining margins improve, but some refineries remain at risk
During the fourth quarter of 2010, US refining industry performance improved relative to the prior quarter. While the US Gulf Coast crack spreads were somewhat lower in the fourth quarter, the light-heavy crude oil price differential (LLS-Maya) continued to favor refineries with heavier crude slates.
Mubarak exits stage right
What will this mean for IOCs doing business in the region?
BP says emerging economies will lead energy growth to 2030
World energy growth over the next 20 years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030.
No direct benefit from use of alternative fuels by US military
If the US military increases its use of alternative fuels, there will be no direct benefit to the nation's armed forces, according to a new RAND Corp. study.
Endicott Biofuels building second-generation biorefinery in Texas
Endicott Biofuels (EBF) has signed an agreement with KMTEX to construct a 30-million gpy biorefinery in Port Arthur, Texas, that will employ EBF’s proprietary technology for the production of high-purity biodiesel.
Enerkem gets loan guarantee for Mississippi waste-to-fuel biorefinery
Enerkem Corp. has obtained a conditional commitment for an $80 million loan guarantee by the US Department of Agriculture (USDA), for the construction of its waste-to-biofuels project in Pontotoc, Mississippi, which will transform Northeast Mississippi’s municipal solid waste into ethanol.
NPRA says EPA decision on E15 could hurt consumers
Charles T. Drevna, president of NPRA, the National Petrochemical & Refiners Association, issued the following statement in response to the decision by the Environmental Protection Agency today approving a 50 percent increase in the amount of ethanol allowed in gasoline used by cars and light trucks manufactured in the 2001-2006 model years.
IndianOil signs off on LanzaTech ethanol demo
IndianOil and LanzaTech have signed a memorandum of understanding (MOU) for collaboration in a technology demonstration that will enable IndianOil to produce fuel grade ethanol. As a part of the collaboration, IndianOil will evaluate LanzaTech’s proprietary gas fermentation technology in one of its refineries to produce fuel grade ethanol.
IPT offers BQ9000 certification on all biodiesel facilities
International Procurement Tools LLC (IPT) will provide full BQ 9000 certification with each facility that it installs to ensure both the ongoing quality guarantees and the checks and balances the certification requires.
DuPont buying Danisco for $6.3 billion
DuPont has entered into a definitive agreement for the acquisition of Danisco, a global enzyme and specialty food ingredients company, for $5.8 billion in cash and assumption of $500 million of Danisco’s net debt.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
