renewable diesel

Valero Says Gasoline Sales Near Pre-Pandemic Levels, Natural Gas-to-Oil Switching Imminent

Valero Says Gasoline Sales Near Pre-Pandemic Levels, Natural Gas-to-Oil Switching Imminent

Management of refining giant Valero Energy Corp. painted a bullish picture for oil products demand on Thursday, citing low inventories and surging global natural gas prices among factors boosting healthy crack spreads for U.S. refineries. “Refining margins were supported by strong recovery in product demand coupled with product inventories falling to low levels during the…

October 22, 2021
BP Investing in West Coast Refinery to Expand Renewable Diesel, Reduce Emissions

BP Investing in West Coast Refinery to Expand Renewable Diesel, Reduce Emissions

BP plc is pouring $269 million into three projects at its Cherry Point Refinery in Washington to improve efficiencies, reduce emissions and increase renewable diesel production capability. The projects, slated to create 200-plus construction jobs, 25 engineering jobs and 40 support roles, align with the integrated energy major’s goal to be net zero emissions across…

October 6, 2021
Kinder Teaming with Neste to Build Renewable Feedstock, Fuel Hub in Louisiana

Kinder Teaming with Neste to Build Renewable Feedstock, Fuel Hub in Louisiana

Kinder Morgan Inc. (KMI) is partnering with Neste to create a raw material storage and logistics hub at its Harvey, LA, terminal. The hub is to be used to help ramp up production of renewable diesel, sustainable aviation fuel (SAF) and renewable feedstock for polymers and chemicals. Neste would store a variety of raw materials…

September 16, 2021
Imperial Oil Eyes Renewable Diesel Using CCS, Blue Hydrogen for Edmonton Refinery

Imperial Oil Eyes Renewable Diesel Using CCS, Blue Hydrogen for Edmonton Refinery

Imperial Oil Ltd.’s Strathcona refinery in Edmonton is looking to add up to 20,000 b/d of renewable diesel to the mix as soon as 2024, enabling emissions from Canada’s transport sector to decline by as much as 3 million metric tons/year. The ExxonMobil affiliate’s complex as designed would use locally grown plant-based feedstock and hydrogen…

August 26, 2021
PBF Looking to Convert Louisiana Hydrocracker to Produce Renewable Diesel

PBF Looking to Convert Louisiana Hydrocracker to Produce Renewable Diesel

PBF Energy Inc. may convert an idled hydrocracker unit at its Chalmette refinery near New Orleans into a renewable diesel production complex, which could expand the job force and other opportunities. The refining giant said it may invest $550 million to retrofit one hydrocracker unit that has been out of operation since 2010. Also being…

June 25, 2021
Louisiana Renewable Diesel Plant Looking to FID in 2022

Louisiana Renewable Diesel Plant Looking to FID in 2022

A 171-acre site at the Port of Columbia in Caldwell Parish, LA, could be the site of a 32 million gallons/year renewable diesel plant, Gov. John Bel Edwards said Friday. Strategic Biofuels LLC CEO Paul Schubert, who joined Edwards in the announcement, said subsidiary Louisiana Green Fuels (LGF) is developing the site on the Ouachita…

April 24, 2021