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By Karen Braun NAPERVILLE, Illinois, Oct 9 (Reuters) – Despite a jump in production, U.S. ethanol stocks dropped significantly last week, partly owing to a sharp rebound in gasoline demand, which neared three-year highs. But record exports have been the factor keeping U.S. ethanol supplies in check over the last several months, even as output of …
Surge in US Ethanol Exports Offsets Thriving Production Read More »
The top U.S. oil and corn industry lobby groups said on Tuesday they were suing the administration of President Joe Biden over its plans to slash planet-warming tailpipe emissions from cars and trucks, arguing the regulations will cause economic harm. The U.S. Environmental Protection Agency this spring finalized new rules for models of semi-trucks, buses …
Oil and Corn Groups Team Up Against Biden’s Tailpipe Emissions Rules Read More »
(Reuters) – The U.S. Environmental Protection Agency will announce by Friday plans to temporarily expand sales of higher-ethanol blends of gasoline this summer, a win for the corn ethanol industry that will likely see demand increase, three sources familiar with the matter said. The measure would lengthen the period during which Americans can keep buying …
U.S. EPA to Announce Temporary Expanded Sales of Higher-Ethanol Gasoline Blend Read More »
HOUSTON, (Reuters) – Top oil executives and ministers descend on Houston this week for one of the world’s biggest energy conferences emboldened by blockbuster mergers, stable oil prices and less pressure for a large-scale move to clean fuels. Global oil prices have remained in a range between $75 and $85 per barrel, a level fueling …
CERAWEEK 2024: Oil Mergers, Clean Fuels vie for Attention at Houston Energy Conference Read More »
Meeting demand and transitioning to clean energy amid geopolitical tensions will dominate conversations among industry heavyweights at CERAWeek in Houston next week. More than 7,000 people are headed to Houston this week to attend CERAWeek by S&P Global with a key question in mind: How to meet increasing demand for power amid the transition to …
CERAWeek’s Yergin on What to Expect at Big Energy Conference Read More »
(Reuters) – Chevron has indefinitely idled two biodiesel production facilities in the U.S. Midwest, the company confirmed on Friday, citing poor market conditions. The second-largest U.S. oil producer bought biodiesel maker Renewable Energy Group for $3.15 billion in 2022 to expand its renewable fuels production to 100,000 barrels per day by 2030. The deal brought it 10 biodiesel …
Chevron Idles Two U.S. Midwest Biodiesel Plants as Profits Slip Read More »
