May 13, 2019
BY Edeniq Inc.,
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Phillips 66 on Aug. 5 reported the company’s renewable fuel segment achieved significantly higher pre-tax income during the second quarter due to higher regulatory credits from higher pricing and renewable fuels production.
Par Pacific Holdings Inc. released second quarter financial results on Aug. 5, reporting its Hawaii renewable fuels facility ramped up production during the three-month period after commencing operations in April.
Marathon Petroleum Corp. released second quarter financial results on Aug. 4, reporting significantly improved performance for its renewable diesel segment on stronger margins, higher throughputs and improved regulatory credit values.
The Senate Agriculture Committee on July 31 released an updated draft of its 2026 Farm Bill 2.0 that includes language to enable year-round sales of E15 and revamp the Renewable Fuel Standard small refinery exemption (SRE) program.
The U.S. EPA on Aug. 3 issued decisions on six small refinery exemption (SRE) petitions for RFS compliance years 2023 and 2024. The agency granted one full exemption, two partial 50% exemptions, and declared three petitions as ineligible.