Palm oil prices end lower due to weakness in soyoil at Dalian and Chicago exchanges
Malaysian palm futures ended lower on Thursday. The contract matched the losses of soyoil futures at Dalian, Chicago and Dalian. The benchmark palm-oil contract for December delivery at the Bursa Malaysia…
Palm oil drops on Dalian and Chicago Exchanges due to weakness in soyoil
Malaysian palm futures continued to lose on Thursday, wiping out the gains of the previous session, as the contract tracked the losses in soyoil futures at Dalian and Chicago. By midday, the benchmark…
Chicago soybeans drop after US biofuels proposal is a disappointment; corn pulls away
Chicago soybean futures declined for the second consecutive session on Thursday. This was due to a decline in soy oil prices after a disappointing U.S. proposal regarding biofuel blends and continued low demand from China.
EPA wants to hear your thoughts on the full range of options available for US biofuel allocation
The U.S. The Small Refinery Exemption Program offers two options: 50% or 100%. The agency will also ask for comments on any other possible volumes such as 25% or 75%. It is likely that the proposal will not narrow down options…
Sentinel Midstream’s deepwater oil export project is granted an air permit by the EPA
On Monday, the U.S. Environmental regulator announced that it had granted an air permit to Sentinel Midstream for its proposed deepwater oil project off Texas' coast. According to a press release, the…
US EPA proposes to end mandatory greenhouse gas reporting
The U.S. Environmental Protection Agency (EPA) proposed a rule on Friday to end the mandatory reporting of greenhouse gas emissions by 8,000 facilities. This program, the EPA said, was burdensome for businesses…
Senators from refinery states try to stop Trump from shifting the renewable fuel obligation
According to a draft of legislation that was seen by the, oil refinery state lawmakers, led by Senator Mike Lee (a Republican from Utah), will introduce legislation to stop President Donald Trump from…
White House review of waiver plan for biofuel pits refiners against farmers
The White House is reviewing an important rule that could change the balance between oil refiners, farmers and the Renewable Fuel Standard. It will determine how to redistribute large volumes of biofuel…
US EPA grants biofuel waivers for small refineries with backlogged applications
The U.S. Environmental Protection Agency began clearing up a backlog on Friday of requests for exemptions to the nation's Biofuel Laws. 63 requests were granted and 28 denied, with 77 partial approvals.
Sources say that the US will rule on biofuel waivers but large oil refiners might need to wait.
Two sources familiar with Trump's plans say that the administration will rule as soon as Friday on a backlog of requests for relief from U.S. Biofuel Laws from small oil refiners. However, it will defer…
Sources say that the Trump administration will delay a decision on reallocation and biofuel exemptions, but rule on requests for biofuel exemptions.
Two sources familiar with Trump's plans say that the administration will rule as soon as Friday on the growing backlog for small refiners who are seeking exemptions from biofuel laws. However, the decision…
California and other state AGs ask Trump EPA to abandon plan to kill greenhouse gas regulations
On Tuesday, attorneys general from California as well as several other U.S. States led by Democrats urged the Trump administration to abandon their plan to rescind a long-standing ruling that greenhouse gas emission endanger the health of humans.
US oil group opposes Trump's plan to reduce biofuel import credit
The top U.S. trade group for oil on Thursday added its voice to the chorus of protests against a government proposal that would reduce incentives for biofuels imports. This will test the Trump administration’s…
Trump Administration will terminate $7 billion solar energy program
In a Thursday post on X, Administrator Lee Zeldin announced that the U.S. Environmental Protection Agency would end a $7 Billion grant program from Biden's era which aimed to increase solar energy in low-income areas.
India's E20 fuel rollout sparks driver protest
The rapidly expanding ethanol program of the government aims to reduce costly oil imports through the blending of petrol with ethanol. This biofuel is derived from organic waste or agricultural products and burns cleaner than conventional gasoline.
Trade groups and companies warn that Trump's America First policy on biodiesel could be costly to US businesses, consumers and trade groups.
According to some trade groups in refining and biofuels, the Trump administration's efforts to discourage the use foreign feedstocks for domestic biodiesel may lead to higher prices and a reduction of domestic production.
USDA: Biofuel demand will absorb more than half the US soyoil crop in 2019.
The U.S. Department of Agriculture announced on Friday that U.S. biofuel producers will consume more than 50% of the soybean oil produced here in the United States by next year. A recent flurry of federal policies has transformed the industry…
Divided US appellate court upholds Biden's biofuel rule
The U.S. Environmental Protection Agency’s 2023-2025 renewable fuel standards were not thrown out by a federal appeals court on Friday. However, the court concluded that regulators had failed to assess…
US Supreme Court tests which courts can hear EPA Cases
Wednesday, the U.S. Supreme Court set rules for determining when cases challenging the actions of the U.S. Environmental Protection Agency relating to air pollution or greenhouse gas emissions are heard…
US EPA proposes increased biofuel blend volumes through 2027
NEW YORK - On Friday, the Trump administration proposed that oil refiners increase the amount biofuels they must mix into the nation's gasoline over the next two-years, due to a rise in biomass-based fuel mandates.