renewable diesel

A new Louisiana carbon capture and sequestration (CCS) law should benefit the state’s renewables as well as natural gas and oil sectors, industry officials told NGI. Act 163, which took effect Aug. 1, provides extra carbon dioxide (CO2) “reservoir storage security” in Caldwell Parish, reported Strategic Biofuels LLC. The firm plans to develop the Louisiana…

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…

Refining heavyweight Valero Energy Corp. ended 2021 with gasoline demand at pre-pandemic levels and diesel demand higher than pre-pandemic levels across its system, CEO Joe Gorder said Thursday. “We also saw a significant jet fuel recovery as domestic and international travel opened up, increasing from approximately 60% of pre-pandemic levels at the beginning of the…

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…

Montana Renewables LLC (MRL) has closed $50 million of project financing to build a renewable hydrogen plant to increase renewable diesel output from its Great Falls, MT, refinery.  MRL’s parent company is Calumet Specialty Products Partners LP. “Once complete, the renewable hydrogen plant will allow increased production of renewable diesel and further reduce the carbon…

Utility Pacific Gas and Electric Co. (PG&E) will help Global Clean Energy Holdings Inc. (GCEH) lower its operating costs and carbon footprint at GCEH’s Bakersfield Renewable Diesel Refinery in California. Under a newly signed master services agreement, PG&E will identify, design and implement “behind the meter” renewable generation and energy management projects at the California…

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…

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…

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…