04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Prices across the globe moved lower on demand uncertainty and lower energy prices. Crude oil, heating oil, gas oil and gasoline prices have all traded sharply lower over the last month and despite the support from the credit and double counting markets, biofuels producers have seen their margins erode. Used cooking oil prices are off sharply into the EU and out of China. Export activity has started to resume out of the China market, but buyers in the…