April 2, 2020
BY Valero Energy Corp.
Valero Energy Corp. announced March 19 that the Valero Energy Foundation has committed $1.8 million to support organizations on the front lines helping people most in need primarily in cities where the company operates. In addition, Valero is also providing gas cards to the selected charitable organizations to provide access to essential fuels and products for their operations.
“The health and the safety of our employees, our families and our communities are critically important,” said Joe Gorder, Valero chairman and CEO. “We are blessed to be able to continue supporting our community partners as we all work together to overcome this extraordinary situation.”
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The U.S. Energy Information Administration maintained its forecast for 2025 and 2026 biodiesel, renewable diesel and sustainable aviation fuel (SAF) production in its latest Short-Term Energy Outlook, released July 8.
XCF Global Inc. on July 10 shared its strategic plan to invest close to $1 billion in developing a network of SAF production facilities, expanding its U.S. footprint, and advancing its international growth strategy.
U.S. fuel ethanol capacity fell slightly in April, while biodiesel and renewable diesel capacity held steady, according to data released by the U.S. EIA on June 30. Feedstock consumption was down when compared to the previous month.
XCF Global Inc. on July 8 provided a production update on its flagship New Rise Reno facility, underscoring that the plant has successfully produced SAF, renewable diesel, and renewable naphtha during its initial ramp-up.
The USDA’s Risk Management Agency is implementing multiple changes to the Camelina pilot insurance program for the 2026 and succeeding crop years. The changes will expand coverage options and provide greater flexibility for producers.