Bill aims to provide tax credits for biobased chemical production

October 25, 2017

BY Erin Voegele



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BP to acquire full ownership of BP Bunge Bioenergia, pause development of 2 proposed SAF and renewable diesel projects

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By Erin Voegele

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BP on June 20 announced an agreement to acquire Bunge’s 50% interest in its BP Bunge Bioenergia S.A. JV. The company also said it is scaling back plans for the development of new SAF and renewable diesel projects at its existing sites.

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The U.S. EPA released updated RIN data on June 20, reporting that nearly 2.01 billion RINs were generated under the RFS during May, down from 2.11 billion generated during the same period of last year.

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The U.S. EPA released updated small refinery exemption (SRE) data on June 20, reporting that one new SRE petition has been filed under the RFS in the past month. A total of 39 SRE petitions are now pending.

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Growth Energy new ad campaign invites consumers across the Midwest to lower their emissions and their costs by picking Unleaded 88 at the fuel pump. The campaign lets drivers know that “nature will thank you” for choosing Unleaded 88.

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Treasury and the IRS on June 18 released final rules implementing the wage and apprenticeship standard provisions of clean energy tax credits created by the IRA, including the 45Z clean fuels production tax credit.

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