A. Doubt/Wikimedia Commons
October 9, 2014
BY Massachusetts Institute of Technology
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Montauk Renewables Inc. on Aug. 5 reported the company’s renewable natural gas (RNG) production increased by 3% during the second quarter. Renewable electricity production expanded by nearly 5% during the three-month period.
Aemetis Inc. on Aug. 6 reported the company achieved 20% revenue growth during the second quarter. During an earnings call, company officials discussed ongoing improvements at the Keyes ethanol plant and plans to expand biogas production.
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.
U.S. biofuel producers consumed 30.749 billion pounds of feedstock in May, up 10% when compared to April and up 8% when compared to May 2025, according to data released by the U.S. Energy Information Administration on Aug. 5.