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EIA: biofuels are displacing petroleum-based distillate fuel oil consumption on the West Coast

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Consumption of distillate fuel oil in the US West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its decline this year, according to the latest “This Week in Petroleum” report from the US Energy Information Administration (EIA).

Oil 195
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Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

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signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.

Oil 276
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DOE researchers investigate economic and environmental impacts of converting wet waste to renewable diesel

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Meanwhile, wet waste feedstocks, such as animal manure and fats, oils, and greases (FOG), represent another important category of resources that could be utilized to produce MCCI bioblendstocks due to its abundant availability. Skaggs et al. demand in 2016.

Waste 434
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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

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With a significant footprint in California, Suburban Propane is a publicly traded, nationwide distributor of propane, fuel oil and related products and services. Oberon’s renewable Dimethyl Ether (rDME) fuel is a cost-effective, low-carbon, zero-soot alternative to petroleum diesel. Oberon’s process.

Tax 376
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EIA projects US renewable diesel supply to surpass biodiesel in the near term but remain small part of larger diesel market

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In its Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, the US Energy Information Administration (EIA) projects that renewable diesel supply (domestic production and net imports) will exceed biodiesel supply in the near term. Source: U.S.

Diesel 221
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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Valero has a strong focus on drop-in fuel production either by bioconversion or catalysis.

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DOE’s BETO holding four alternative fuel workshops over next three weeks

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The US Department of Energy’s (DOE’s) Bioenergy Technologies Office (BETO) will hold four alternative fuel workshops over the next three weeks. This workshop will discuss, reassess, and prioritize demonstration and deployment efforts needed for the production of affordable, scalable, and sustainable drop-in hydrocarbons.