Crude Processing

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.

The future of renewable diesel appears uncertain in the US, with two companies taking opposite approaches in the face of economic challenges.

Renewable diesel (RD) is a promising alternative to traditional diesel fuel in the US, but its economic viability faces significant challenges.

The Southeast Asian country is charting a course towards leveraging biomass from its palm oil industry to fuel the production of advanced fuels.

Hyundai Oilbank has officially commenced commercial operations at its new biodiesel production facility in Daesan, South Korea, as of Apr. 17.

2024-04-21

March saw a notable decline in Malaysia's palm oil stocks, dropping by 7.3% to 1.78MM mt., despite a significant uptick in production, which rose by 11.9% to 1.41MM mt.

The country is exploring the potential of coconuts as an alternative feedstock for Sustainable Aviation Fuel (SAF) production, highlighting a shift towards more sustainable biofuel options in the aviation industry.

Spain's energy major Repsol SA has reached a significant milestone in the country's energy transition.

The Phillips 66 Rodeo refinery in California has undergone a significant transformation, shifting from conventional crude processing to becoming a renewable fuel facility.