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Biofuels

Higher Brazil ethanol blend would take extra 3.5% sugar from market

The Brazilian government's proposal to increase ethanol blending in gasoline to 30% from 27% currently would lead to using an additional 3.5% of the country's recoverable sugar to make ethanol.

Brazil's Petrobras touts refining plan as Russian diesel imports jump

Brazilian state-run oil firm Petrobras will double down on its strategy to maximize motor fuel from its local refineries even as it boosts imports of cheap Russian diesel.

Russian sea-borne diesel exports show monthly growth of 11%

Russia's sea-borne diesel and gasoil exports rose by 11% to about 1.9 million tons in the first 17 days of July from the same period in June, as production grew after seasonal refinery maintenance, data from traders and Refinitiv Eikon showed.

China's June diesel exports fall to lowest level in over a year

China's diesel exports fell to the lowest level in more than a year in June as refiners curbed production in favor of more lucrative gasoline and aviation fuels. 

Portugal's environment agency greenlights Galp biodiesel, biojet plant

Portugal's environment regulator said it had approved a project by Portuguese oil company Galp to launch an industrial-scale plant to produce biodiesel and biojet fuel using cooking oils at its Sines refinery.

Small U.S. refiners plan to challenge biofuel blending waiver denials

A group of refiners plan to file a lawsuit challenging the Biden administration's rejection of waivers to exempt oil refiners from biofuel blending mandates which has left some on the hook for hundreds of millions of dollars.

Riyadh, Tokyo to cooperate on energy security, recycled carbon fuels and ammonia

Saudi Arabia said it remains committed to securing oil supplies for Japan and will continue cooperating with Tokyo on clean hydrogen, ammonia and recycled carbon fuels.

U.S. EPA denies nearly all biofuel blending exemption petitions

President Joe Biden's administration on Friday denied almost all outstanding petitions from oil refiners asking to be exempted from mandates that require them to mix biofuels into their fuel.

Biden administration to issue decision on small-refinery biofuel mix exemptions

The Biden administration will disclose its decision on offering exemptions to small refineries that are mandated to mix biofuels into their fuel mix, the U.S. environmental regulator said in a statement.

U.S. lawmakers seek to lower biofuel blending compliance costs

A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden administration to allow oil refiners to purchase compliance credits for U.S. biofuel blending laws at a lower, fixed cost compared to the open market.