[ad_1] Four oil refiners spending a lot to undo the 1631 Initiative would likely avoid hundreds of millions of dollars in greenhouse gas emission rights if voters rejected the proposal. Four oil …
Read More »Trump orders changes in biofuel rules to end quarrel between oil producing states and oil refiners
[ad_1] Refiners generate credits – known as RINs – when they mix biofuels with gasoline. Refiners who can not mix biofuels must purchase RINs from their competitors. The new regulations under consideration …
Read More »Japan refiners boost U.S. crude purchases as Iran sanctions loom
[ad_1] TOKYO (Reuters) – Japanese refiners are ramping up purchases of U.S. crude as it becomes cheaper relative to their usual middle East and U.S. sourcing of production grades as a replacement …
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