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PHOTO: CHIPPEWA VALLEY ETHANOL CO.

February 19, 2019

BY Matt Thompson

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Marathon reports strong Q2 performance for renewable diesel segment

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By Erin Krueger

a day ago

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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.

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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.

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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.

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PBF Energy Inc. on July 31 announced the St. Bernard Renewables facility produced approximately 15,100 barrels per day of renewable diesel during the second quarter, up from 14,200 barrels per day reported for the same period of last year.

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Valero Energy Corp. released second quarter financial results on July 30, reporting significantly improved earnings for both its ethanol segment and its Diamond Green Diesel joint venture, which produces renewable diesel and SAF.

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