Many producers believe global oil demand will never return to pre-crisis levels.
The Trump administration on Oct. 4 unveiled a plan to boost U.S. biofuels consumption starting next year to help struggling farmers, a move that cheered the agriculture industry but triggered a backlash from the oil industry.
President Donald Trump will meet on Sept. 19 with a group of U.S. senators to discuss biofuels policy, according to a statement from Louisiana Senator Bill Cassidy's office.
Democratic presidential hopeful Amy Klobuchar on Saturday called for revamping the Environmental Protection Agency's (EPA) rules governing how small refineries are exempted from the nation's biofuel laws, a proposal aimed at boosting her standing in the politically critical state of Iowa.
Democratic Senator Tammy Duckworth on Wednesday asked the U.S. Environmental Protection Agency's Office of Inspector General to investigate why the agency vastly expanded its use of waivers to exempt small refineries from the nation's biofuel law.
Methane accounts for about 10% of U.S. greenhouse-gas (GHG) emissions. Of this, one-quarter is from the natural gas industry.
Thirteen nations have moved into the Top 100 in Stratas Advisors’ diesel-sulfur-limits rankings for 2019.
French energy group Total has agreed to buy for an undisclosed amount the distribution business of Brazil's Grupo Zema, in order to expand in Brazil and in the biofuels sector.
The Environmental Protection Agency can allow sales of higher-ethanol blends of gasoline year-round without Congress, its acting administrator said on Oct. 18, adding that the oil industry should drop its threat of a lawsuit to halt the move.