diesel Archives - Page 2 of 6

N.S. farm limestone program boosted against rising diesel prices

By GFM Network News June 6, 2022

Farmers in Nova Scotia facing rising prices for diesel fuel will see more funding via the Limestone Trucking Assistance Program (LTAP), which is expected to help offset some of those increased costs. “After touring multiple farms around the province to hear from farmers and meeting this morning with farmer Tim Marsh at the Nova Scotia […] Read more

NYMEX May 2022 West Texas Intermediate (WTI) crude oil (candlesticks) with Bollinger bands (20,2). (Barchart)

General, Machinery, Markets

Fuel prices may remain high beyond Russian invasion, expert says

By GFM Network News March 22, 2022

MarketsFarm — The decision by the U.S. to halt the import of Russian petroleum products due to the country’s invasion of Ukraine created sticker shock at the pumps in North America — but an end to that invasion would not necessarily mean an end to high fuel prices. On March 15, the average price of […] Read more

Crops, Machinery, Reuters

Engine maker Cummins says expects ‘some impact’ in Russia

Deere says will abide by sanctions

By GFM Network News February 28, 2022

Reuters — Diesel engine maker Cummins Inc. expects “some impact” to its business in Russia and is analyzing and preparing for current and anticipated sanctions, the U.S. truck engine maker said in an e-mailed statement on Monday. Many firms have idled operations in Russia after it invaded Ukraine last week, resulting in powerful Western sanctions. […] Read more

General, Machinery, Markets

Gasoline, diesel prices set to continue rising

By GFM Network News February 17, 2022

MarketsFarm — The steady rise in crude oil prices is based on three factors, according to Tom Kloza, global head of energy analysis for Oil Price Information Service at Lakewood, N.J. One of those factors is the amount of crude oil produced by members of the Organization of Petroleum Exporting Countries (OPEC), along with some […] Read more

Federated Co-operatives in November 2021 secured an option on this land north of its Co-op Refinery Complex at Regina. (FCL.crs)

Canola, Crops, Machinery

Co-op, AGT plan to crush canola at Regina

Crusher would feed FCL's planned renewable diesel plant

By Dave Bedard, GFM Network News January 18, 2022

Federated Co-operatives’ plans for a renewable diesel processing plant at Regina now also include processing the canola oil needed to supply that plant. Federated Co-op (FCL) on Monday announced a memo of understanding has been signed with Regina grain and pulse crop processor AGT Foods on a joint venture that will “look to construct” a […] Read more

A view of Imperial Oil’s Strathcona fuel refinery from the North Saskatchewan River. (Imperial Oil photo via BusinessWire)

Canola, Crops, Reuters, Soybeans

Imperial Oil lays out Alberta renewable diesel plan

Company would use 'locally grown' canola, soybean oils

By GFM Network News August 25, 2021

Reuters — Imperial Oil, one of Canada’s biggest oil producers and refiners, on Wednesday outlined a plan to process vegetable oil into renewable diesel at its 191,000-barrel-per-day Edmonton-area refinery. The project, which still requires final approval, is part of majority-owner Exxon Mobil’s goal of producing more than 40,000 barrels per day of low-emissions fuels by […] Read more

General, Machinery, Markets

Diesel prices, carbon tax cause headaches for farmers

By GFM Network News February 17, 2021

MarketsFarm — Crude oil prices have been steadily on the rise since last November as oil-producing nations implement production cuts and Canadian farmers already affected by climbing diesel prices will have to dig deeper into their wallets this April. On April 1, the federal government’s carbon levy on diesel will go up from 8.05 cents […] Read more

Pickup trucks roll out of General Motors’ assembly plant at Oshawa, Ont. (Media.gm.ca)

General, Machinery, Reuters

GM aims to end sale of gasoline- and diesel-powered light trucks, cars by 2035

By GFM Network News January 29, 2021

Washington | Reuters — General Motors said on Thursday it was setting a goal to sell all its new cars, SUVS and light pickup trucks with zero tailpipe emissions by 2035, a dramatic shift by the largest U.S. automaker away from gasoline and diesel engines. GM, which also said it plans to become carbon-neutral by […] Read more

Canola, Crops, Machinery, Reuters

U.S. oil refiners press on renewable diesel for Canadian market

Few such projects seen moving forward within Canada

By Rod Nickel, GFM Network News October 5, 2020

Winnipeg/New York | Reuters — U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada’s greener fuel standard before Canadian refiners modify their own plants. Canadian Prime Minister Justin Trudeau’s government intends to present its Clean Fuel Standard this year, aiming to cut 30 million tonnes of emissions by […] Read more

General, Machinery, Markets

Diesel prices expected to trend lower

By GFM Network News March 7, 2020

MarketsFarm — Canadian producers may enjoy a lower diesel bill during spring seeding, as reductions in demand have weighed on diesel prices across North America. Patrick DeHaan, head of petroleum analysis for GasBuddy, said retail diesel prices are down by about 10 to 15 cents per litre since the beginning of the year. The drop […] Read more

Daily Network News

USDA attachés forecast some changes in China’s oilseeds, cereals

China urges hog producers to manage output, vows timely reserve adjustments

Farm Credit Canada offers aid to farmers, companies affected by Iran war price spikes

Tag Archives diesel

N.S. farm limestone program boosted against rising diesel prices

Fuel prices may remain high beyond Russian invasion, expert says

Engine maker Cummins says expects ‘some impact’ in Russia

Gasoline, diesel prices set to continue rising

Co-op, AGT plan to crush canola at Regina

Imperial Oil lays out Alberta renewable diesel plan

Diesel prices, carbon tax cause headaches for farmers

GM aims to end sale of gasoline- and diesel-powered light trucks, cars by 2035

U.S. oil refiners press on renewable diesel for Canadian market

Diesel prices expected to trend lower

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