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Tag Archives refineries

(Jimfeng/iStock/Getty Images)
Crops, Markets, Reuters

U.S. EPA denies nearly all biofuel blending exemption petitions

Refineries didn't prove hardship, agency said

By
New York | Reuters — U.S. President Joe Biden’s administration on Friday denied almost all outstanding petitions from oil refiners asking to be exempted from mandates that require them to mix biofuels into their fuel. The Environmental Protection Agency (EPA), which has the authority to issue the exemptions, denied 26 petitions from 15 small refineries […] Read more
(Dave Bedard photo)
General, Machinery, Markets

‘Petro-plectic’ anger rises toward fuel prices

Fuel refiners seen booking 'epic' revenues

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MarketsFarm — Fuel prices are very likely to continue to increase with summer approaching, according to Tom Kloza, the Florida-based global head of energy analysis for Oil Price Information Services. “I wish I could say there’s a light at the end of the tunnel, but I would say right now, it’s just a flicker,” he […] Read more
The Co-op Ethanol Complex at Belle Plaine, Sask. (FCL.crs)
Cereals, Corn, Crops, Machinery, Weather

Co-op to capture carbon at ethanol plant, refinery

FCL, Whitecap sign agreement to sequester fuel plants' CO2

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A major Prairie ethanol and fuel producer is posed to spend just over half a billion dollars on a system to capture and sequester carbon dioxide from its operations in Saskatchewan. Federated Co-operatives announced Thursday it had signed a memo of understanding with Calgary-based ‘clean energy’ company Whitecap Resources, in which the latter company will […] Read more
(Dave Bedard photo)
General, Machinery, Reuters

Federated Co-operatives looks to sell oil-producing business, keep refinery

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Winnipeg | Reuters — Federated Co-operatives Limited (FCL) put its oil production business up for sale this week, according to a marketing document obtained by Reuters, but the co-op said it plans to keep its Saskatchewan refinery. FCL spokesperson Cam Zimmer did not comment on the reason for offering to sell the production business but […] Read more
The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)
Crops, Reuters, Weather

U.S. EPA waives fuel requirements, extends biofuels deadline

Deadline extended to help refineries

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Reuters — The U.S. Environmental Protection Agency on Friday unveiled measures to help oil refineries cope with fallout from the coronavirus outbreak, including waiving anti-smog requirements for gasoline and extending the deadline for small facilities to show compliance with the nation’s biofuels law. The outbreak has touched off a massive global decline in demand for […] Read more
(Dave Bedard photo)
General, Machinery, Markets

Diesel prices expected to trend lower

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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
The U.S. Environmental Protection Agency’s headquarters building in Washington, D.C. (Skyhobo/E+/Getty Images)
Crops, Reuters

U.S. EPA changed rules to help refiners get biofuel waivers, suit alleges

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Reuters — U.S. environmental regulators quietly changed the way they assess applications from refineries for waivers from the nation’s biofuels law, making it possible for highly profitable plants to secure lucrative exemptions, according to court documents filed by a biofuels trade group on Thursday. The new documents, part of a lawsuit that began last year, […] Read more

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