January 27, 2021
BY Erin Voegele
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The U.S. Energy Information Administration maintained its 2025 and 2026 forecasts for biodiesel, renewable diesel and “other biofuel” production, which includes SAF, in its latest Short Term Energy Outlook, released May 6.
Marathon Petroleum Corp. on May 6 reported improved first quarter EBITDA for its renewable diesel segment on increased utilization of its facilities, particularly the Martinez biorefinery in California, and higher margins.
Canada-based Imperial Oil Ltd. on May 2 confirmed that construction on the renewable diesel facility at its Strathcona refinery near Edmonton, Alberta, will be complete during Q2. The project is expected to begin operations in mid-2025.
PBF Energy on May 1 announced that its St. Bernard Renewables facility produced approximately 10,000 barrels per day of renewable diesel during Q1, down from 17,000 barrels per day during the Q4 2024.
Neste Corp. released first quarter financial results on April 29, reporting improved renewable fuel demand and increased SAF production. Margins, however, were low and feedstock costs were high.