Industry News 
04.27.09
Norwegian Party Proposes Ban On Gasoline Cars
A proposal to ban sales of new gasoline-powered cars in Norway from 2015 could h...
04.27.09
AP Moller-Maersk And Boeing May Partner on Biofuels
Danish oil group and shipping company AP Moller-Maersk is in talks with Boeing a...
04.24.09
Minnesota Refineries Begin Biodiesel Blending
Minnesota’s two major refineries have begun blending 5% biodiesel fuel, making M...
04.24.09
This week, Germany passed its biofuels law with revised tax and blending mandate...
04.24.09
AE Biofuels Signs Supply Agreement
AE Biofuels has signed a strategic agreement to supply biofuels to Pearson Fuels...
04.24.09
US House Ag Committee To Hold RFS Hearing
The US House Agriculture Committee will hold a hearing on RFS on May 6 to review...
04.24.09
California Adopts Low-Carbon Fuel Standard
California has adopted a low-carbon fuel standard, the first of its kind that wi...
04.22.09
Rhode Island Senate Passes Biodiesel Tax Exemption
The Rhode Island Senate on Tuesday approved a bill that would exempt locally pro...
04.22.09
US Biodiesel Production Down in January
US biodiesel production in January fell to about 33.4 million gallons, the lowes...
04.17.09
Biodiesel Plants Planned for South Africa
- First In Spec BioDiesel is planning to build a $26 million waste vegetable oil...
Goldman Sachs Forecasts $105 Bbl Oil in 2008
02.08.08
The commodities chief at Goldman Sachs warns that vulnerable regions of the world face the risk of famine over the next three years if rising energy costs spill over into a food crunch.
Goldman Sachs forecasts that oil will be priced at $105 a barrel by the end of 2008 and warns of a ‘crisis mode’ across the commodity complex in the next 18 to 36 months.
World oil production has been stagnant for four years, failing to keep up with increasing demand from Asia and the Mideast, and biofuels are helping to plug the gap, taking crops away from food production. Land use for biofuels has surged from 12 million ha to more than 80 million worldwide over six years, and while biofuel provides 3% of world energy needs now, this will rise to over 10% by 2030, Goldman says.
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