Exclusive: Biden administration considering deep cuts on biofuels in win for oil industry – document

Exclusive: Biden administration considering deep cuts on biofuels in win for oil industry – document

US President Joe Biden hosts a virtual summit for the coronavirus disease (COVID-19) as part of the United Nations General Assembly (UNGA) from the Southern Courtroom on the White House Complex in Washington, United States, on September 22, 2021. Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – US President … Read more

The US Environmental Protection Agency is proposing to extend the deadline for refinery compliance with biofuel laws

The US Environmental Protection Agency is proposing to extend the deadline for refinery compliance with biofuel laws

NEW YORK (Reuters) – The U.S. Environmental Protection Agency on Thursday proposed giving oil refineries more time to demonstrate compliance with the country’s biofuel blending guidelines for 2020 and 2021. The move comes as the Environmental Protection Agency considers industry requests to ease mandates as the coronavirus pandemic crushes overall fuel demand. Many oil refineries … Read more

Regulator says investment in biofuels should happen in California despite some opposition

Regulator says investment in biofuels should happen in California despite some opposition

Traffic travels along a highway next to Los Angeles, California, US, October 11, 2019. REUTERS/Mike Blake/File Photo Register now to get free unlimited access to Reuters.com Register (Reuters) – California’s biofuel projects are critical to achieving its decarbonization goals despite a “tremendous decline” in some cases, a senior state environmental regulator said on Tuesday. The … Read more

US EPA proposes biofuel mandate cuts, a boost to pandemic-hit refiners

US EPA proposes biofuel mandate cuts, a boost to pandemic-hit refiners

NEW YORK, Dec 7 (Reuters) – The Biden administration on Tuesday proposed scaling back the amount of biofuels that US oil refiners were required to blend into their fuel mix since the onset of the COVID-19 pandemic. The decision was intended to provide relief to the US refining industry after the health crisis slammed domestic … Read more

Analysis: US refiners bet farm will be backed by Biden on biofuels

Analysis: US refiners bet farm will be backed by Biden on biofuels

Options are seen at the gas pump including ethanol or no ethanol gas in Des Moines, Iowa, US, January 29, 2020. REUTERS/Brian Snyder Register now to get free unlimited access to Reuters.com Register NOV 11 (Reuters) – US commercial oil refiners like Monroe Energy and PBF Energy Inc are manipulating the White House and taking … Read more

Polish refiner PKN sells Lotus assets to Aramco and Ministry of Labor to complete acquisition

Polish refiner PKN sells Lotus assets to Aramco and Ministry of Labor to complete acquisition

A picture of the logo of PKN Orlen, Poland’s largest oil refiner, at a gas station in Warsaw, Poland, April 25, 2019. REUTERS / Kacper Pempel Register now to get free unlimited access to Reuters.com Register WARSAW (Reuters) – Poland’s largest refiner PKN Orlen (PKN.WA) said it would sell some assets of Lotus (LTSP.WA) to … Read more

Clarification: What’s at stake for the US Biofuel Blending Act in 2022 and beyond

Clarification: What’s at stake for the US Biofuel Blending Act in 2022 and beyond

NEW YORK, Jan 11 (Reuters) – The U.S. biofuel blending program known as the Renewable Fuel Standard (RFS) may see its most transformation so far in 2022, as the Biden administration must make decisions to reset the laws that mandate blending. Renewable fuels in the United States. The program is designed to allocate certain quantities … Read more