In Washington, Brownfield Ag News reports the Energy Secretary says the Biden Administration is “all in” when it comes to supporting renewable fuels, be it biodiesel or biofuel production or consumption. She says homegrown fuels are the way to fight against a “petro-dictator” like Vladimir Putin. But even with more biofuels in the mix, she […]
In the UK, Velocys has entered into a contract with a European renewable fuels developer to provide initial engineering services to a project, which is in the planning stages. Whilst the revenue for this initial stage of the project is de minimis (and project progression to material revenues to be determined), the agreement broadens the […]
In Canada, Suncor will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Optimizing the portfolio to drive shareholder returns and continue to reduce emissions requires focus and discipline. Therefore, Suncor plans to divest its wind and solar assets. Suncor’s strategy is focused […]
A $600 million investment in construction of a renewable fuels facility. A project that is expected to produce more than 120 million gallons of renewable fuels annually. That alone is enough to catch some attention, but who exactly is Evolve and how is HOBO Renewable Diesel getting in with them for this project? Who will […]
In Washington, D.C., U.S. Senators Amy Klobuchar (D-MN), Tammy Duckworth (D-IL), Tammy Baldwin (D-WI), Tina Smith (D-MN), and Dick Durbin (D-IL) and Representatives Cindy Axne (D-IA), Angie Craig (D-MN), Cheri Bustos (D-IL), and Mark Pocan (D-WI) sent a letter to Senate Majority Leader Chuck Schumer (D-NY) and Speaker of the House Nancy Pelosi (D-CA) urging […]
In Denmark, the European Maritime Transport Environmental Report, launched by the European Environment Agency and the European Maritime Safety Agency, marks the first comprehensive health-check of the sector. The report shows that ships produce 13.5 % of all greenhouse gas emissions from transport in the EU, behind emissions from road transport (71 %) and aviation […]
In Connecticut, Starwood Energy Group Global and Slate Refining have entered into an exclusive agreement to reconfigure Slate’s refinery located in Douglas, Wyoming into a state-of-the-art renewable fuels production facility. Upon completion of the Project, the facility is expected to produce over 100 million gallons annually of renewable fuels, such as Renewable Diesel, Sustainable Aviation […]
In Canada, earlier this week, Renewable Industries Canada (RICanada) Board members appeared before the House of Commons Standing Committee on Natural Resources meeting on the Low-Carbon and Renewable Fuels Industry in Canada. Appearing on behalf of RICanada were Malcolm West, EVP and CFO at Greenfield Global Inc., Canada’s leading ethanol producer, and Scott Lewis, EVP […]
In Illinois, Reuters reports that in response to increased interest in renewable diesel, key traders including Citadel, Gunvor and Trafigura are on a hiring spree to make sure they have enough people on hand to tackle the growing demand for the fuel. The companies already have grown their European desks where advanced biofuels have been […]
In California, Aemetis, a renewable natural gas and renewable fuels company focused on below zero carbon intensity products, reported $166 million in revenues for 2020, compared to $202 million in 2019, primarily attributable to decreases in the production and sales price for ethanol in North America caused by the COVID pandemic and oil refinery blending […]
