
Nebraska Gov. Jim Pillen
April 25, 2024
BY Erin Voegele
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Neste Corp.’s renewable products segment experienced a significant increase in earnings during the first quarter of 2026 despite lower production volumes. The increase is attributed to stronger term sales premiums and surging fossil fuel prices.
Valero Energy Corp. on April 30 released first quarter financial results, reporting a profitable three-month period for both its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.
The House on April 30 passed the 2026 Farm Bill by a vote of 224 to 200. The bill includes several bioenergy provisions but does not include language enabling year-round E15 sales. A vote on a stand-alone E15 bill is expected May 13.
On April 29, the USDA announced an expanded partnership with the Export-Import Bank of the United States (EXIM) to increase domestic agricultural production and exports, while reducing the agricultural trade deficit. Alongside
Kentucky Gov. Andy Beshear on April 27 signed legislation that creates a tiered tax credit for SAF that allows taxpayers to claim up to $3 per gallon in incentives. The credit is slated to be in effect from Jan. 1, 2029, through the end of 2034.