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Comment period opens on PHMSA rail transportation safety proposal

August 5, 2014

BY Erin Voegele

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EIA weekly data: Ethanol production up 2%, stocks down 3%, exports down 30%

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By Erin Voegele

13 hours ago

Operations Markets 

U.S. fuel ethanol production was up 2% the week ending May 23, according to data released by the U.S. Energy Information Administration on May 29. Weekly ending stocks of fuel ethanol were down 3% and exports were down 30%.

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Rex American Resources on May 28 confirmed work continues on the carbon capture and storage (CCS) and capacity expansion projects at its One Earth Energy facility in Gibson City, Illinois. Both projects are expected to be operational next year.

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Conestoga Energy on May 28 announced the successful completion of drilling operations for its first Class VI well designed for CCUS. The well is located near the company’s Bonanza BioEnergy ethanol plant in Garden City, Kansas.

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ICM has signed a new agreement with Little Sioux Corn Processors to install ICM’s proprietary FOT Oil Recovery system at the company’s 170 MMgy ethanol plant in Marcus, Iowa. The project is expected to be operational in Q1 2026.

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Gevo Inc. has entered into a definitive agreement to sell Agri-Energy LLC, a wholly owned subsidiary of Gevo, to A.E. Innovation LLC for $7 million. The transaction includes Agri’s 18 MMgy ethanol production facility located in Luverne, Minnesota.

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