U.S. Sens. Pat Toomey (R-Pa.) and Dianne Feinstein (D-Calif.) recently reintroduced a bill that would repeal the corn-ethanol mandate under the federal Renewable Fuel Standard (RFS-2) program.
Navistar—manufacturer of mainly diesel-powered trucks, buses and engines—has reported a $42-million net loss for its first-quarter (1Q) fiscal-year (FY) 2015, a sizeable improvement over the $248-million net loss in 1Q-FY 2014.
South Africa’s state-owned gas-to-liquids (GTL) specialist PetroSA announced March 4 that it plans to slash costs and likely cut staff in response to feedstock-cost problems and the global oil-price crash.
China continues its breakneck pace in building coal-fired power plants that utterly lack any carbon capture and storage technology, despite government claims of moving to “cap” carbon-dioxide (CO2) emissions.
The U.S. Environmental Protection Agency (EPA) recently said its handing out grants totaling $3 million to 76 local school bus fleets in 30 U.S. states to replace 210 older school buses with new, clean-diesel school buses.
Austria-based OMV reported that because of a hefty crude oil inventory-valuation charge, its full-year 2014 downstream division posted a loss of €250 million (US$283 million) as measured by EBIT, down from €658 million (US$745 million) EBIT profit in 2013.
A recent report from the U.S. Energy Information Administration (EIA) finds that the emergence of ultralow sulfur diesel fuel has had only a tiny effect on the fuel’s average energy content.