Government, Business, Fuel

US Blocks Tax Credit for Foreign Biofuel Supplies

The move, a win for American farmers, comes after a flood of supplies from China reached U.S. shores at cheaper prices than soybean oil produced locally.

Kim Chipman | Bloomberg News
January 10, 2025
Government, Business, Fuel

Ethanol Industry Nears Win for Year-Round E15 Access

Ethanol makers and corn growers have fought for more than a decade to expand access to E15 amid fierce opposition from oil refining states. That opposition has eased some with the rise of EVs.

Kim Chipman | Bloomberg News
December 18, 2024
Government, Business, Fuel

USDA Seeks Easier Rules for Crops to be Used in Green Fuels

The U.S. Department of Agriculture is pushing for eased tax credit requirements regarding crops used as ingredients in the production of renewable fuels, according to Secretary Tom Vilsack.

Kim Chipman | Bloomberg News
August 16, 2024
Government, Business, Fuel, Private

Darling Ingredients Surges on California Proposal

Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.

Kim Chipman | Bloomberg News
August 13, 2024
Business, Private

Fertilizer Giant Nutrien Names New CFO Amid Industry Swoon

Nutrien Ltd. named a new chief financial officer amid an industry downturn that has eroded the fertilizer giant’s profits.

Kim Chipman | Bloomberg News
August 7, 2024
Government, Business, Technology, Fuel

American Farmers’ Next Hot Commodity Is Canola for Biofuels

A growing number of energy and agriculture firms have been boosting spending in an effort to plant and crush more canola, an oilseed that could play a big role in the renewable fuel markets.

Kim Chipman | Bloomberg News
July 22, 2024
Business, Fuel

Pilot Co. Unit to Buy Ethanol Plant With Sights on Recovery

A unit of truck stop chain Pilot Co., which is partly owned by Warren Buffett’s Berkshire Hathaway Inc., is buying an ethanol plant just as the beleaguered industry may be turning around.

Kim Chipman | Bloomberg News
January 28, 2021