The U.S. EPA delivered a proposed rule to amend the renewable fuel standard (RFS) to the White House Office of Management and Budget on May 10. The rule is titled “Renewables Enhancement and Growth Support Rule.”
The $33.3 million first quarter 2016 revenue of California-based Aemetis Advanced Fuels was $4.3 million less than the company reported for the first quarter that ended March 31, 2015, Aemetis told investors during a May 12 conference call.
On May 10, a bill was introduced in the U.S. House of Representatives that aims to limit the total volume of ethanol contained in transportation fuel to 9.7 percent. Members of the ethanol industry have spoken out to criticize the legislation.
On May 10, certified mechanics, engine performance experts and professional fishermen briefed federal lawmakers on the important of ethanol during an event on Capitol Hill hosted by Fuels America. READ MORESHARE
Gevo Inc. released first quarter financial results, focusing on progress made at Luverne since the restart of isobutanol production in mid-March, and announcing Alaska Airlines’ first commercial flight using Gevo’s ATJ fuel is scheduled in June. READ MORESHARE
The U.S. Energy Information Administration recently released the May edition of its Short-Term Energy Outlook, predicting ethanol production will average approximately 980,000 barrels per day this year and next year. READ MORESHARE
The USDA is projecting a record corn crop and supplies for the 2016-’17 marketing year that is now being planted. Its projections in the May 10 World Agriculture Supply and Demand Estimates report call for supplies to reach 16.3 billion bushels. READ MORESHARE
The USDA National Institute of Food and Agriculture and U.S. Department of Energy have announced a joint investment of $10 million towards research that aims to drive more efficient biofuels production and agricultural feedstock improvements.
Corn exports may end up higher than current USDA projections, but will still be well below last year’s exports, writes University of Illinois ag economist Darrel Good in his weekly outlook column. READ MORESHARE
The European Commission has published a memo urging Portugal to comply with biofuel requirements under the Renewable Energy Directive.
According to the memo, Portuguese legislation on biofuels contradicts the RED in two ways. READ MORESHARE
The Renewable Fuels Association, in conjunction with the International Association of Fire Chiefs, the Pipeline and Hazardous Materials Safety Administration and TRANSCAER, is hosting two free ethanol safety seminars May 11, in Hopewell, Virginia. READ MORESHARE
U.S. exports of feed grains in all forms for September through March of this marketing year totaled 51.4 million metric tons, down 7 percent from the same period last marketing year, with higher exports of distillers dried grains with solubles. READ MORESHARE
Kum & Go will be offering E15 at more than 100 stores across the country by the end of the year. The company will be offering consumers a choice of E15 at pumps across 10 states and at about 30 locations. READ MORESHARE
Recognizing the importance of biofuels to energy and climate security, the U.S. Department of Energy has announced up to $90 million in project funding focused on designing, constructing and operating integrated biorefinery facilities. READ MORESHARE