Business, Logistics, Top 100

George Soros Cuts Stake in Agriculture Giant ADM

ADM Mark Hirsch/Bloomberg News

Billionaire George Soros has cut his holdings in agriculture giant Archer Daniels Midland Co. by more than half as the company contends with sluggish commodity markets amid the U.S.-China trade war.

Millie Munshi | Bloomberg News
February 15, 2019
Business, Fuel

Sunoco Announces Fuel-Distribution Acquisition, Divestiture of Ethanol Facility

Sunoco station Russ MacNeil

Sunoco has acquired the wholesale fuel-distribution business from Schmitt Sales as well as certain convenience store locations from Speedway to turn into wholesale distribution sites.

January 24, 2019
Government, Business, Fuel

House Panel Examines Draft Legislation for Ethanol Mandates

fuel pump United Soybean Board

WASHINGTON — With the current session of Congress quickly coming to a close, the top policymaker on environmental issues in the U.S. House made sure new draft legislation on ethanol mandates he co-authored would see the light of day.

Eugene Mulero | Staff Reporter
December 12, 2018
Business, Fuel

Marathon Considers Selling High-Ethanol Gas in Minnesota

Marathon gas pump Michael Conroy/Associated Press

Marathon Petroleum Corp., the largest U.S. oil refiner after its $23.3 billion acquisition of rival Andeavor this month, is weighing a plan to start sales of high-ethanol gasoline at its stations in Minnesota, according to people familiar with the matter.

Mario Parker and Jennifer A. Dlouhy | Bloomberg News
October 22, 2018
Government, Business, Fuel

Trump Lifts Sales Restrictions on Gasoline With High Ethanol Blend

President Trump in Iowa President Donald Trump in Iowa Oct. 9. (Nati Harnik/Associated Press)

WASHINGTON — The Trump administration is moving to allow year-round sales of gasoline with higher blends of ethanol, a boon for Iowa and other farm states that have pushed for greater sales of the corn-based fuel.

Matthew Daly | Associated Press
October 10, 2018
Government, Business, Fuel

Proposal to Boost to Biofuel Quotas Spurs Scorn From Ethanol Producers

A research associate takes a sample of algae being cultivated for biofuel research in California. (David Maung/Bloomberg News)

Ethanol producers and farm-state leaders blasted a Trump administration proposal that would force refiners to blend more biofuel into petroleum next year, arguing the modest planned increase is undercut by EPA waivers exempting refineries from the mandate

Jennifer A. Dlouhy and Mario Parker | Bloomberg News
June 26, 2018
Business, Fuel

EPA Proposal Geared to Boost Ethanol Use, Official Says

Daniel Acker/Bloomberg News

The U.S. Environmental Protection Agency is aiming to put more ethanol in gasoline even as it reduced the consumption target established in a 2007 energy law, an EPA official said.

Mario Parker and Lynn Doan | Bloomberg News
June 30, 2015
Business, Fuel

Ethanol Production Declines for First Time Since 1996

U.S. ethanol production fell last year — the first annual decline since 1996 — on record corn prices, Bloomberg reported.

Transport Topics
January 7, 2013
Business, Fuel

EPA Rejects Plea to Waive Ethanol Mandate

Federal regulators rejected a plea from several states to waive the requirement for gasoline producers to blend ethanol into their fuel, saying the economic conditions necessary for such a waiver did not exist.

November 26, 2012
Business, Fuel

Automakers Hit EPA’s Proposal for 15% Ethanol Content in Gasoline

Ford, Toyota and other automakers have criticized an Environmental Protection Agency proposal to allow gasoline with 15% ethanol content in all cars and trucks, Bloomberg reported.

Transport Topics
July 6, 2011