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U.S. biomass-based diesel and ethanol compliance credit prices have slumped to three-year lows on declining feedstock costs and are set to stay low as renewbale diesel output rises, the Energy... -February 27, 2024 at 05:25 pm EST - MarketScreener
Don’t cry for U.S. refiners, who will be fine without it—for now.
BP has been forced to shut down the Whiting refinery and start flaring gas as a safety release after a power outage in Indiana.
BP's Whiting refinery reportedly evacuated after transformer failure caused a power outage. There were no details on how long BP would take to restart the refinery.
U.S. crude oil refiners this quarter will pull back from red-hot summer run rates as weak gasoline margins and plant overhauls cool operating goals, according to company statements and oil analysts. ...