Crude Processing

The biofuel sector in the US is experiencing a remarkable surge, fueled by burgeoning demand for renewable diesel and sustainable aviation fuels (SAFs).

Repsol and Bunge have announced a strategic partnership to address the rising demand for lower carbon-intensity feedstocks for renewable fuels in Spain, aligning with EU regulations.

In Feb., both Malaysia and India witnessed significant declines in palm oil exports and vegetable oil imports, respectively.

Bunge and Chevron Ag Renewables have joined forces to construct a state-of-the-art oilseed processing plant in located on the Gulf Coast in Destrehan, Louisiana, US.

The global palm oil market is poised for a significant transformation in 2024, driven by stagnating production in key regions and heightened demand for biodiesel.

Petronas, the Malaysian state-owned oil company, has called on EU lawmakers to reconsider their stance on palm-oil-based biofuels, emphasizing cost advantages and expressing concerns about a just transition for Asian producers.

Oil prices, tethered to biofuel quotas, wield substantial influence in establishing the baseline for key food item prices, contributing to the current surge in food prices.

Phillips 66's Rodeo, California refinery is poised to play a pivotal role in the anticipated surge of renewable diesel (RD) production.

The refining companies find themselves at a crossroads as they navigate the delicate balance between supporting an energy transition and sustaining profits from traditional petroleum refining.