In California, the California Air Resources Board announced a $1.36 million settlement with Tesoro Refining & Marketing, LLC for violating the Low Carbon Fuel Standard (LCFS). The LCFS requires that regulated fuel producers report the carbon generated in the production of transportation fuels sold in California. In this case, the company misreported 1.9 billion gallons […]
In California, the California Air Resources Board announced a $1.36 million settlement with Tesoro Refining & Marketing, LLC for violating the Low Carbon Fuel Standard. In this case, the company misreported 1.9 billion gallons of gasoline, diesel, biodiesel and ethanol, including underreporting 403 million gallons of LCFS deficit-generating fuels. “California’s programs to address climate change […]
In North Dakota, Tesoro is looking to invest $3.5 million to retrofit its 8,000-barrel-per-day diesel hydrotreater at the Dickinson refinery to produce renewable diesel from corn oil or soy oil for supply into the state’s B5 market. The North Dakota Industrial Commission recently granted the company $500,000 towards the retrofit project that could be online by […]
Virent is in the business of replacing crude oil by applying clever chemistry to create the fuels and chemicals the world demands using a wide range of naturally-occurring, renewable resources. Virent’s patented technology features catalytic chemistry to convert plant-based sugars into a full range of products identical to those made from petroleum, including gasoline, diesel, jet […]
This season, The Digest is hosting the Strategic Intent webinar series, looking at the plans, progress and future milestones of strategic stakeholders in the Advanced Bioeconomy. In this slide deck, we looked at Tesoro and Toyota and their direct investments, partnerships and alliances with companies both heralded and unknown.
In Wisconsin, Tesoro reached an agreement for Tesoro to acquire Virent. The acquisition, the partners said, will support the scale up and commercialization of Virent’s BioForming technology for the production of low carbon bio-based fuels and chemicals. As a result of the acquisition, Virent will become a wholly owned subsidiary of Tesoro and remain in […]
Major refiner advancing on biofuels with Fulcrum BioEnergy, Virent, Ensyn. In Texas, Tesoro has unveiled its plan to foster the development of biocrude made from renewable biomass, which can be co-processed in its existing refineries, along with traditional crude oil. And the company has identified three new partners in the process: Fulcrum BioEnergy, Inc.: Fulcrum […]
Tesoro has unveiled its plan to foster the development of biocrude made from renewable biomass, which can be co-processed in its existing refineries, along with traditional crude oil. And the company has identified three new partners in the process: Fulcrum BioEnergy, Virent and Ensyn. Here, we look at Tesoro’s strategy, rationale and the partners in […]
Show me the gallons? Where’s all the algae fuel, you ask? In Sapphire Energy’s case, it’s headed for Tesoro. In California, Sapphire Energy announced it has entered into a commercial agreement to sell crude oil from Sapphire Energy’s Green Crude Farm in Columbus, New Mexico to Tesoro. “The Green Crude Farm recently reached a new milestone: […]
In Hawaii, Tesoro announced that it will close its refining operations in Hawaii in April and the site will become a fuel terminal. Tesoro Hawaii will maintain the existing distribution system to support marketing operations and fulfill its supply commitments while continuing to offer the terminal, distribution and retail assets for sale. Upon conversion of […]
