Biofuels

Aemetis Completes $53M IRA Tax Deal for RNG, Biofuel Project Investors

Aemetis Completes $53M IRA Tax Deal for RNG, Biofuel Project Investors

Renewable natural gas (RNG) and biofuels producer Aemetis Inc. has closed the sale of $53 million in investment tax credits created through the Inflation Reduction Act (IRA) as a part of its first wave of projects expected to be accelerated by the legislative program. The California-based company disclosed that it wrapped up at the end…

October 2, 2023
Chevron, Bunge Launch Another U.S. Renewable Fuels Deal Using Canola

Chevron, Bunge Launch Another U.S. Renewable Fuels Deal Using Canola

Chevron U.S.A. Inc. and joint venture (JV) partner Bunge Ltd. plan to work with Corteva Inc. to advance plant-based renewable diesel with U.S.-grown canola crops. Working with Corteva, Bunge Chevron Ag Renewables wants to introduce proprietary winter canola crops and increase the availability of vegetable oil feedstocks for the domestic renewable fuels market.  “Feedstock innovation…

March 16, 2023
Gevo’s Proposed SAF Facility Dubbed ‘Largest Economic Investment’ Ever in South Dakota 

Gevo’s Proposed SAF Facility Dubbed ‘Largest Economic Investment’ Ever in South Dakota 

Gevo Inc. is preparing to build a commercial-scale sustainable aviation fuel (SAF) production facility, Net-Zero 1 (NZ1) in South Dakota, in which the biofuels company plans to incorporate green hydrogen produced from water and renewable natural gas.  “As all the elements come together, from farmers growing sustainable corn feedstock, to renewable wind power and renewable…

September 16, 2022
Imperial, Air Products Collaborating on Strathcona Biodiesel Project in Edmonton

Imperial, Air Products Collaborating on Strathcona Biodiesel Project in Edmonton

Natural gas would become a stepping stone to produce renewable diesel fuel in Canada under a long-term contract between Imperial Oil Ltd. and Pennsylvania’s Air Products & Chemicals Inc. Air Products would extract hydrogen from natural gas, aka blue hydrogen, at its plant near Edmonton, which would be used by Imperial to manufacture 20,000 b/d…

September 8, 2022
California’s Renewable Diesel Market Growing as Refineries Convert Operations

California’s Renewable Diesel Market Growing as Refineries Convert Operations

Kinder Morgan Inc. (KMI) plans to permit and construct a renewable diesel (R99) hub in Southern California as growth opportunities in the market expand.  “As refineries are converting to renewable diesel, we believe this is an attractive opportunity to pivot to the energy fuels of the future in a manner that is consistent with our…

February 11, 2022
Louisiana Green Diesel Project Using CCS Advancing for Caldwell Parish Port

Louisiana Green Diesel Project Using CCS Advancing for Caldwell Parish Port

The Port of Columbia in Caldwell Parish, LA, and Strategic Biofuels LLC jointly announced the port has received a $15 million grant to improve the port’s accessibility and infrastructure in preparation for the Louisiana Green Fuels (LGF) renewable diesel plant.  The grant is from the Louisiana Department of Transportation and Development (DOTD) through its Louisiana…

January 26, 2022
Sugar Rush in Louisiana as Delta Biofuels Plans Renewables Plant

Sugar Rush in Louisiana as Delta Biofuels Plans Renewables Plant

Delta Biofuels Inc. expects to begin groundwork later this year on a $70 million renewable fuel plant that would utilize excess sugarcane pulp, or bagasse, as feedstock. In December, the subsidiary of Tasso Renewable Energy began working with the Louisiana Economic Development (LED) to acquire a pellet plant in Jeanerette, aka Sugar City. According to…

July 1, 2021
EIA Expanding Monthly Biofuels Updates

EIA Expanding Monthly Biofuels Updates

The U.S. Energy Information Administration (EIA) plans to issue monthly reports that expand upon biofuels data. EIA’s first edition of Monthly Biofuels Capacity and Feedstocks Update was published Wednesday (March 31) with January data. “We developed the Monthly Biofuels Capacity and Feedstocks Update because of the significant growth in U.S. production of renewable fuels,” said…

April 11, 2021

RNG Fans Cheer EPA for 2020 Renewable Fuel Allocation

Proponents of natural gas vehicles (NGV) on Thursday cheered the U.S. Environmental Protection Agency (EPA) for its increased allocation of volumes of cellulosic biofuel for next year as a boost to the steadily increasing use of renewable natural gas (RNG) in NGVs.

December 24, 2019

BP Expanding Portfolio of Global Renewables Projects

BP plc, long North America’s largest natural gas marketer, as well as one of the biggest global natural gas and oil, in recent days has turned its attention to bulking up its alternative fuels portfolio.

December 10, 2019
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