Industry News 
04.03.09
Valero To Run Ethanol Plants At Full Capacity
Valero Energy Corp., the recent buyer of seven VeraSun ethanol plants, said it w...
04.02.09
NBB Submits Comments To EC On Biodiesel Duties
The National Biodiesel Board has submitted formal written comments in response t...
04.01.09
ACCIONA Opens Biodiesel Plant in Bilbao
In Spain, ACCIONA Biocombustibles has started operations at its 200,000 mt per y...
04.01.09
Ecopetrol Plans Biodiesel Plant Launch
Colombian state oil company Ecopetrol expects to launch its 100,000 mt per year ...
04.01.09
US EPA Proposes Ship Pollution Reduction
A new policy to reduce ship pollution within 200 miles of US shores has been pro...
04.01.09
Airlines Could Use Biofuel In 2010
Airlines may gain approval to start using biofuels as early as 2010 and find com...
03.30.09
Minnesota To Increase Biodiesel Mandate
On May 1 Minnesota will increase its 2% biodiesel mandate for on-road diesel to ...
03.27.09
Gushan Increases Biodiesel Production
Gushan Environmental Energy Limited has announced that its Beijing biodiesel pla...
03.27.09
US Representative Chris Van Hollen has introduced legislation that would create ...
03.26.09
GM Experiments With Jatropha Biodiesel
General Motors has entered into an agreement with India-based Central Salt and M...
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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