Tag: Texas

RIN prices soar ahead of 2017 RFS announcement but then fall back after initial rush

RIN prices soar ahead of 2017 RFS announcement but then fall back after initial rush

May 19, 2016 |

In Texas, ahead of the EPA’s 2017 Renewable Fuel Standard draft blending mandate on Wednesday, RIN prices soared 10 cents to 84 cents for D6 ethanol RINs. Previous to the price jump, inter-day movement had averaged around 75 points, but the possible need to increase purchases in order to comply with the 2017 mandate got […]

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Oil refiners suffering from higher ethanol and RIN prices

Oil refiners suffering from higher ethanol and RIN prices

May 18, 2016 |

In Texas, oil refiners are getting squeezed by requirements to blend ethanol at ever higher prices while margins shrink due to low oil prices. HollyFrontiner Corp., for example, had to pay $36 million in ethanol premiums during Q1 due to ethanol averaging 30 cents per gallon higher than gasoline in Chicago, while it paid $46 […]

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Valero sees better ethanol margins ahead in Q2

Valero sees better ethanol margins ahead in Q2

May 5, 2016 |

In Texas, Valero reported that it expects ethanol margins to improve during the second quarter after having fallen to 35 cents per gallon during Q1, down from 43 cents during Q1 2015. The lower margins cut Q1 adjusted operating income for the ethanol segment to $9 million compared to $12 million the year prior. Hopes […]

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Texas A&M AgriLife researchers digging into disease resistance in plants

Texas A&M AgriLife researchers digging into disease resistance in plants

May 2, 2016 |

In Texas, scientists at Texas A&M AgriLife are studying the virtual tug-of-war that takes place when a pathogen attacks a plant, research that could unlock new ways to improve plants by making them more disease-resistant. With almost $500,000 from the USDA’s Agriculture and Food Research Initiative over three years, the researchers say the study will […]

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Pacific Ag hires beef and dairy veteran Brook Holstein Campbell for crop residue sales

Pacific Ag hires beef and dairy veteran Brook Holstein Campbell for crop residue sales

April 18, 2016 |

In Texas, Pacific Ag has hired Brook Holstein Campbell to assist with sales of corn and wheat residue forage to beef and dairy markets in the High Plains. A veteran of the agriculture and beef industry, Holstein Campbell brings more than 15 years of experience and relationships from across the livestock industry to Pacific Ag. […]

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Texas A&M researchers find enzyme responsible for making hydrocarbons

Texas A&M researchers find enzyme responsible for making hydrocarbons

April 11, 2016 |

In Texas, an enzyme responsible for making hydrocarbons has been discovered by Texas A&M AgriLife Research scientists studying a common green microalga called Botryococcus braunii. The study, published in the current issue of the journal Nature Communications, could enable scientists to use the enzyme in a plant to make large amounts of fuel-grade oil, according to […]

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Synthesis Energy Systems announces Chinese gasification partnership

Synthesis Energy Systems announces Chinese gasification partnership

March 28, 2016 |

In Texas, Synthesis Energy Systems, Inc. (SES) announced a strategic Joint Project Development and Investment Agreement with China Environment State Investment Co., Ltd (CESI). CESI is a state-owned enterprise established in Beijing under the China Ministry of Environmental Protection that is charged with, and funded to, develop and invest in the energy conservation and environmental […]

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Murex to market White Energy’s 295 million gallons of ethanol production

Murex to market White Energy’s 295 million gallons of ethanol production

March 21, 2016 |

In Texas, Murex announced further market growth with the execution of a multi-year ethanol marketing agreement with White Energy. The agreement calls for Murex LLC to market all three of White Energy’s production locations, two in Texas and one in Kansas, totaling 295 million gallons of permitted ethanol production annually. Murex LLC, headquartered in Plano, […]

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Stratas Advisors releases new Global Biofuels Outlook

Stratas Advisors releases new Global Biofuels Outlook

March 17, 2016 |

In Texas, refiners, automakers, governments and investors want a realistic view of how biofuel consumption will evolve in the coming years. Stratas Advisors’ Global Biofuels Outlook is a regional and country-level forecast through 2035 of policy, prices, supply and demand. This forecast has a globally-balanced assessment from Stratas Advisors’ petroleum and alternative fuels services. The Global Biofuels […]

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Texas entrepreneur gets 10 years and $87 million judgment over RIN fraud

Texas entrepreneur gets 10 years and $87 million judgment over RIN fraud

March 8, 2016 |

In Texas, an entrepreneur who only produced a few vats of biofuel was sentenced to 10 years in federal prison and $87 million in restitution for 68 counts of false statements to the EPA and mail fraud RIN fraud. He pleaded guilty in June 2015 when his sentence was expected to be up to 10 […]

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