At the core of global diesel markets is supply and demand and the perfect storm may be shaping up for 2024. According to the EIA, as of January 26, distillate inventories in the United States stood at ...

Rio Tinto RIO announced that it would invest in Pongamia seed farms in Australia to explore the possibility of using its seed oil as a feedstock for renewable diesel. RIO sees biofuels as an avenue to ...

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto will develop Pongamia seed farms in Australia as part of a new biofuels pilot. The project will explore the potential of Pongamia seed oil as a ...

Rio Tinto has partnered with Midway Limited, to oversee the planting and management of the Pongamia seed farms. Midway Limited will engage with nurseries, agricultural experts and research ...

A policy-driven boom in U.S. renewable diesel demand that’s been underpinning much of the farm economy is showing signs of softening as production exceeds the government’s usage mandates. But industry ...

The landscape for U.S. renewable diesel production has changed dramatically, similar to the growth of ethanol and biodiesel in the past two decades, according to a report from USDA’s Foreign ...

Petróleo Brasileiro S.A. (Petrobras) has set a new S-10 diesel production record at the Presidente Bernardes Refinery (RPBC) in Cubatão, producing 990,000 cubic meters (34.95 million cubic feet) of ...

Vertex Energy (NASDAQ:VTNR) -18.1% in Thursday's trading after reporting a larger than expected Q1 loss and saying it will "pause" renewable diesel production at its Mobile, Alabama, refinery. Vertex ...

The Mobile, Alabama refinery that Vertex Energy Inc. retrofitted to also enable renewable diesel production after acquisition from Shell PLC is back to producing only conventional fuels. Houston, ...

A decline in construction activity in China has pressured independent refiners to start curbing diesel production. Diesel is the primary output of the so-called teapots and times were good while the ...