refineries Archives - Manitoba Co-operator

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

Refineries didn't prove hardship, agency said

By GFM Network News, Stephanie Kelly July 14, 2023

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

The former Come By Chance fuel refinery in Newfoundland, shown here in a file photo, was renamed Braya Renewable Fuels in November 2021 after Dallas-based Cresta Fund Management bought a controlling stake in the facility. (Benedek/iStock/Getty Images)

Crops, Markets

Surge in U.S. renewable diesel supply won’t offset loss of petroleum diesel

By GFM Network News June 21, 2022

Reuters — A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity from plant closings since 2019, a Reuters analysis of federal data shows. U.S. refining capacity has declined in the last two years, as plants

Markets

‘Petro-plectic’ anger rises toward fuel prices

Fuel refiners seen booking 'epic' revenues

By GFM Network News, Glen Hallick - MarketsFarm June 7, 2022

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

The Co-op Ethanol Complex at Belle Plaine, Sask. (FCL.crs)

Cereals, Crops, Weather

Co-op to capture carbon at ethanol plant, refinery

FCL, Whitecap sign agreement to sequester fuel plants' CO2

By Dave Bedard, GFM Network News October 24, 2021

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

Other

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

By GFM Network News, Rod Nickel September 23, 2021

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

The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)

Crops, Weather

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

Deadline extended to help refineries

By GFM Network News, Stephanie Kelly March 28, 2020

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

Markets, Other

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

Markets

New environmental rules expected to further lift diesel prices

By GFM Network News November 19, 2019

MarketsFarm — Diesel prices in Canada and the U.S. have increased marginally ahead of winter, which is expected for this time of year — but in the New Year, prices on the farm will likely be higher than normal, as the ocean freight industry adopts new environmental standards. While a farmer’s demand for diesel is

The Andersons’ ethanol plant at Denison, Iowa. (AndersonsEthanol.com)

Crops, Markets

Trump’s EPA promises biofuel boost, angers Big Oil

By GFM Network News, Humeyra Pamuk, Stephanie Kelly October 5, 2019

Washington/New York | Reuters — The Trump administration on Friday unveiled a plan to boost U.S. biofuels consumption starting next year to help struggling farmers, a move that cheered the agriculture industry but triggered a backlash from Big Oil. The plan would require an unspecified increase in the amount of ethanol that oil refiners must

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

Crops

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

By GFM Network News, Jarrett Renshaw March 7, 2019

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,

Daily Network News

U.S. livestock: Cattle fall back, hogs continue slide

U.S. grains: Soybeans retreat after rally, wheat holds at three-month high

Klassen: Feeder market drops sharply

Tag Archives refineries