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Últimas noticias sobre productos del petróleo
Últimas noticias sobre productos del petróleo.
US EPA denies cellulosic biofuel waiver petition
US EPA denies cellulosic biofuel waiver petition
Houston, 18 March (Argus) — The Environmental Protection Agency (EPA) has denied the American Petrochemical & Fuel Manufacturers' (AFPM) petition requesting a partial waiver of the cellulosic biofuel D3 obligation from the Renewable Fuel Standard (RFS) for the 2023 compliance year. Current regulatory conditions do not inflict "severe economic harm," the EPA said in its 15 March response. A partial waiver of existing obligation would disrupt existing RFS program participants and potentially reduce future demand for cellulosic biofuel production , the EPA said, adding that its response is immediately effective for all obligated parties but is not a rule making. The EPA estimated that 612.8mn cellulosic D3 renewable identification numbers (RINs) were required for 2022 compliance, including 588mn 2022 vintage RINs and 24.8mn 2021 carryover RINs. RINs are credits traded and produced by refiners and importers to show compliance with the EPA's RFS program. D3 RINs, which make up 2-3pc of overall RIN generation, are tied to biofuel production from biogas, corn stover, and other forms of agricultural waste. In 2022, 663.5mn RINs were generated, leaving 75.5mn RINs available for carryforward into 2023, according to EPA data. For 2023, the EPA projects that 775mn cellulosic RINs will be generated, against an updated industry-wide obligation of 850mns, meaning that 2023 generation plus 2022 carryover will be approximately equal to the total number of RINs required. EPA said it expects no significant shortfall of cellulosic RINs for the 2023 compliance year. AFPM filed the petition in December 2023, requesting a partial reprieve from the RFS obligation due to lower-than-anticipated generation of cellulosic D3 RINs. The organization represents conventional refiners that must acquire or produce D3 RINs to be compliant with the RFS. Following the denial, The Coalition for Renewable Natural Gas expressed its support for the EPA's decision, saying "we appreciate EPA's confirmation that it will enforce the volume requirements it sets under the RFS." By Matthew Cope and Andreas Schwarz Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Brazil's Olfar exports first biodiesel cargo
Brazil's Olfar exports first biodiesel cargo
Sao Paulo, 18 March (Argus) — Brazilian biodiesel producer Olfar Group exported its first soy methyl ester (SME) biodiesel cargo on 11 March. The company sent the biofuel to the Kao-hsiung port in Taiwan from the Itapoa port in Santa Catarina state. It did not share the cargo's volume. The cargo was 100pc soybean oil-based and was produced at Olfar's plant in Erechim, in Rio Grande do Sul state. Asia "is increasing biodiesel demand, opening business opportunities for South America," Olfar said. Brazil's biodiesel exports more than doubled in 2023 to 107.9mn l (1,800 b/d) from 41.9mn l in 2022, according to trade ministry data. The most common destinations were Europe and the US. Renewable fuels producer Be8 shipped 85mn l of this total. "With the market opening for exports and the decision to raise the blending mandate to 14pc, the expectation is that the group will increasingly expand its operations," Olfar said. National energy policy council CNPE raised the biodiesel mix mandate to 14pc from 12pc on 1 March. By Laura Guedes Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Norway, Canada propose ECAs for Arctic waters
Norway, Canada propose ECAs for Arctic waters
London, 18 March (Argus) — Delegates from Canada and Norway submitted proposals to designate their Arctic Ocean waters as emissions control areas (ECAs) during the International Maritime Organisation's (IMO) 81st Marine Environment Protection Committee (MEPC) meeting. Canada's proposal would regulate its Arctic waters as an ECA for nitrogen oxide (NOX), sulphur oxide (SOX), and particular matter (PM), while Norway proposes an ECA for NOX and SOX emissions. The two areas are not covered by the existing North Sea and North America ECAs. The proposals were met positively by most other groups at the meeting, including delegates from the Cook Islands, Finland, the US, Mexico, Panama, and Ireland — all of whom supported the proposals going into consideration by the technical committee. But the proposals faced resistance from the Russian Federation, whose delegate said the proposals do not meet the "specified requirements for ECA designation" under MARPOL regulations — pointing to insignificant navigation networks in those areas, lack of a major port, and a sparse population in the two areas under the proposal. The delegate from Russia added that the control measures against NOX and SOX emissions in those areas can be introduced on a national legislative level, rather than being proposed under MARPOL regulations. The session concluded with MEPC agreeing to establish a technical group on the designation of ECAs to evaluate the two proposals. By Hussein Al-Khalisy Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Global standard needed to decarbonise shipping: IMO SG
Global standard needed to decarbonise shipping: IMO SG
London, 18 March (Argus) — A global approach to regulations will be essential in meeting the International Maritime Organisation (IMO) decarbonisation and greenhouse gas (GHG) emissions reduction targets set in 2023, its secretary general Arsenio Dominguez said today. Dominguez emphasised the need for "global regulations for a global sector", and said existing regional regulations such as the EU emissions trading system (ETS) will need to align to a global standard. He said the timeline to finalise these measures will be by autumn 2025, with the aim for the measures to become effective from 2027. He said an "economic pricing mechanism" will be in place by this time next year, which may be relabelled in the future as a "levy" or a "rebate". The IMO general secretary said the GHG emissions reduction strategy and the economic pricing mechanism will serve as incentives to encourage further uptake of alternative marine fuels. They will be combined with the establishment of an expert group on fuel specification standards, in order to establish marine-specific standards in response to widening specification variety in recent months. Dominguez said the IMO will retain its "fuel agnostic" approach to minimise cross-industry competition and maximise the potential for the maritime sector to meet the GHG emissions reduction targets. In addition to alternative marine fuel specifications, market participants had reported concerns around the viability of carbon intensity index (CII) regulations and how consequences for non-compliant fleets will be enacted. Dominguez said that when CII was adopted, it was regarded as a "soft implementation" that will be revised in 2026. He said a working group will be established at the next Marine Environment Protection Committee (MEPC) meeting, which will review the CII system. By Hussein Al-Khalisy Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
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