Facing wave of closures, oil refiners turn to biofuels

MOSCOW (MRC) -- European and U.S. oil refineries face a wave of closures due to plateauing fuel demand, tightening environmental rules and overseas competition, prompting some owners to opt for an easier alternative - converting plants to produce biofuels, said Hydrocarbonprocessing.The shock of the coronavirus epidemic crushed global oil demand and as some producers, including, say it mi

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