The UK energy major has thrown a wrench into its green ambitions by temporarily halting construction of its highly anticipated biofuels facility in Rotterdam, Netherlands.
July 06, 2024
US independent refiner Phillips 66 and integrated major ExxonMobil navigate California's renewable fuel landscape differently.
June 29, 2024
bp has reached an agreement to acquire Bunge’s 50% stake in bp Bunge Bioenergia S.A., valued at approximately $1.4B.
June 23, 2024
US major independent refiner is enhancing operations at its Rodeo refinery in California, focusing on renewable diesel and sustainable aviation fuel (SAF) production.
June 23, 2024
The Austrian oil major has launched a new co-processing plant at its Schwechat refinery in Austria, investing approximately €200MM to produce renewable diesel blending components.
June 16, 2024
The US Department of Agriculture (USDA) has forecasted a rise in imports of low-CO2 biofuel feedstocks driven by forthcoming tax credits that incentivize fuels with reduced greenhouse gas emissions.
June 16, 2024
The recent downturn in government subsidies has sent shockwaves through the renewable diesel (RD) market, profoundly affecting profitability across various plants.
June 16, 2024
hte, a German high throughput experimentation company owned by BASF, secured a contract with NEN, the Royal Dutch Standardization Institute, to conduct R&D services focused on fluid catalytic cracking (FCC).
May 26, 2024
The US has seen a significant increase in renewable diesel production, from 791MM gal/y (51.6K b/d) in 2021 to 3B gal/y (195.7K b/d) by 2023, leading to an oversupply and driving Renewable Identification Numbers (RINs) prices to a five-year low.
May 19, 2024
The future of renewable diesel appears uncertain in the US, with two companies taking opposite approaches in the face of economic challenges.
May 12, 2024
