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Brazilian biofuels maker Raizen is putting a portion of its fuel distribution business for sale while also giving shareholder Shell a meaningful stake in the profitable business unit, according to people familiar with the matter
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Brazilian biofuel producer FS — Fueling Sustainability and Abu Dhabi’s sovereign wealth fund Mubadala are seeking to buy debt held by creditors of troubled biofuel giant Raizen, according to sources
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Global biofuel output to jump nearly 70% by 2030 due to Gulf energy crisis, study finds
Global biofuel output to jump nearly 70% by 2030 due to Gulf energy crisis, study finds
Amid a biofuels boom in Brazil, presidential candidate Flávio Bolsonaro spurred controversy by saying that adding more ethanol to gas was unfair to consumers
BP is considering options for its Brazilian biofuels business including a sale as CEO Meg O’Neill accelerates efforts to reshape the energy giant’s portfolio and concentrate capital on core businesses
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THE TRUMP ADMINISTRATION HAS APPROVED THE LARGEST BIOFUEL EXEMPTIONS FOR U.S. OIL REFINERIES SINCE 2017, GRANTING 1.76 BLN RENEWABLE IDENTIFICATION NUMBER (RIN) CREDITS FOR THE 2025 COMPLIANCE YEAR, SIGNIFICANTLY REDUCING THE COST OF COMPLYING WITH FEDERAL RULES REQUIRING REFINERS TO BLEND ETHANOL AND BIODIESEL INTO GASOLINE AND DIESEL.
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*US GRANTS REFINERS HIGHEST LEVEL OF BIOFUEL WAIVERS SINCE 2017
US expected to approve expanded biofuel waivers as early as Monday, sources say
US expected to approve expanded biofuel waivers as early as Monday, sources say