SOURCE: Vietjet
October 18, 2024
BY Vietjet
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Argent Energy, a leading European biofuels manufacturer, has officially launched Europe’s largest facility dedicated to producing biobased, technical-grade glycerin at its Port of Amsterdam site in the Netherlands.
Propel Fuels Inc., a leading retailer of low-carbon fuels at stations throughout California, was awarded victory by a jury in its trade secrets misappropriation case against Phillips 66 Co., following a five-week trial.
Capacity to produce biofuels increased 7% in the United States during 2023, reaching 24 billion gallons per year (gal/y) at the start of 2024, led by a 44% increase in a category the EIA calls renewable diesel and other biofuels.
More than 1.99 billion RINs were generated under the RFS in September, up from 1.96 billion generated during the same month of last year. Total RIN generation for the first nine months of the year reached 18.58 billion
The U.S. EPA on Oct. 17 released updated SRE data, reporting that 129 SRE petitions are now pending under the RFS, up from 50 as of mid-September. No new petitions were filed, but nearly 80 previously denied petitions are being reevaluated.