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Valero reports improved Q1 earnings for ethanol, DGD joint venture

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By Erin Krueger

April 30, 2026

Sustainable Aviation Fuels Advanced Biofuels Business Operations 

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.

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PBF Energy Inc. on April 30 announced the St. Bernard Renewables facility produced approximately 16,700 barrels pe day of renewable diesel during the first quarter of 2026, up from 10,000 barrels per day during the same period of last year.

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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.

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CPM|Crown has announced the expansion of its industry-leading equipment and service offering to include a full portfolio of conveyor solutions, strengthening CPM|Crown’s ability to deliver integrated, end-to-end systems.

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Vanguard Renewables on April 28 announced the completion of three renewable natural gas (RNG) facilities, marking a significant milestone in the company's mission to transform food waste into a scalable solution for a more diversified energy future.

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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

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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.

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Evonik on April 27 announced it has signed a large-scale agreement to supply its SEPURAN Green membranes and patented technology to MTC Orec Sdn Bhd (MTCO), a Malaysia-based designer and builder of biogas upgrading plants.

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BASF and Nutrien Ltd. have announced a collaboration that aims to make it easier for farmers to participate in low-CI biofuel programs, including those supported under the 45Z clean fuel production credit.

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Rep. Mike Carey, R-Iowa, has introduced the Strengthening Economic and Energy Development Act, a bill that aims to reinstate the $1 per gallon 40A biodiesel tax credit through 2029. Taxpayers could claim either the 40A credit or the 45Z credit.

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Roeslein Renewables announced its support for a new national push to secure a central role for American made biofuels in the future of global maritime shipping, following the company’s decision to sign onto a joint letter organized by the ABMI.

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Hydron Energy on April 27 announced the launch of its breakthrough RNG platform project at the Bailey Landfill in Chilliwack, British Columbia, marking a significant milestone in the advancement of cost-effective RNG production.

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DSV is collaborating with Microsoft, United Airlines and Phillips 66 to unlock 11 million gallons of sustainable aviation fuel. United Airlines will use the fuel while DSV and Microsoft participate through a book-and-claim methodology.

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U.S. manufacturers produced approximately 900,000 tons of densified biomass fuel in November, according to the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 970,000 tons during the month.

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The government of Queensland, Australia, has announced it will invest $25 million to support a project that will enable renewable diesel production at Ampol’s Lytton oil refinery. The project could expand in the future to include SAF production.

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Ethanol Producer Magazine announced this week the six companies selected to pitch to a panel of angel investors and venture capital firms at the International Fuel Ethanol Workshop & Expo, taking place June 2-4 in St. Louis, Missouri.

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OPAL Fuels announced that it has entered into a master agreement establishing a framework to monetize $100 million of Section 45Z Clean Fuel Production Tax Credits over the next several years. The first closing is anticipated to take place in Q2.

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The USDA’s Research, Education, and Economics (REE) Mission Area on April 23 announced a reorganization and leadership restructuring to better align its work with USDA priorities, improve operational efficiency, and deliver results more effectively.

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EnviTec Biogas is celebrating the initial feed-in from a EnviThan gas upgrading plant in Slovakia that added to an existing biogas plant that has been in operation for 14 years. The facility will continue to generate electricity.

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Shaphargroup has announced its plans to deploy Honeywell UOP's Ecofining process technology for its flagship SAF facility at the Port of Rotterdam. The facility will be designed to produce 200,000 MT of HEFA-SAF per year.

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The case for adopting lower-carbon alternative maritime shipping fuels is strong and getting stronger, according to a report released today by the NGO Energy Vision: The Future of Shipping: Cleaner Fuel Options for the Maritime Sector.

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A coalition of groups representing ethanol producers, farmers, oil refiners and fuel retailers on April 23 sent a letter to members of Congress expressing support for a Farm Bill amendment that addresses E15 and reforms to the RFS SRE program.

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The American Biofuels Maritime Initiative, which includes members representing the ethanol and biogas industries, on April 23 sent a letter to U.S. Secretary of State Marco Rubio calling for strong U.S. leadership in IMO negotiations.

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The government of India on April 23 announced it has amended its Aviation Turbine Fuel regulations to allow SAF to be blended with fossil-based jet fuel. The change aims to reduce emissions and keep India aligned with the global supply chain.

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Anaergia Inc. has signed an C$8 million contract with Vanguard Renewables for a follow-up deployment of its proprietary technology and equipment for an advanced anaerobic digestion facility in Minnesota.

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Cargill’s canola processing facility in Regina, Saskatchewan, is now operational, strengthening market access for Western Canadian farmers and helping meet growing global demand for food and low-carbon fuel solutions.

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The House Committee on Rules on April 16 announced lawmakers could submit amendments that will be considered for the 2026 Farm Bill through April 22. Amendments focused on year-round E15 and the RFS were among those offered for consideration.

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Rep. Mariannette Miller-Meeks, R-Iowa, pressed U.S. Energy Secretary Chris Wright on his support for biofuels and the administration’s request to reduce DOE funding for renewable fuels by 98% during an April 16 congressional hearing.

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Clean Fuels Alliance America welcomes the approval of the latest revision to ASTM D396, the standard specification for fuel oils, which now includes new grades for biodiesel blends containing 21% to 50% biodiesel by volume (B21-B50).

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Topsoe has been selected by Abundia Global Impact Group to deliver its HydroFlex technology for multiple plastic waste-to-fuel facilities in North America that will produce chemical feedstock, diesel and SAF.

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