Industry News 
01.07.08
Petrotec Resumes Biodiesel Production
German biodiesel manufacturer, Petrotec, is restarting biodiesel production in J...
01.04.08
In the Philippines, PNOC Alternative Fuels Corp.’s jatropha-based biodiesel, tes...
01.03.08
Crude Oil Hits $100, Then Backs Off
Oil prices reached a record $100 a barrel on Wednesday when violence in Nigeria,...
01.02.08
Analysts See $100 Per Barrel Oil in 2008
At the start of 2008, analysts are forecasting another tense crude market this y...
12.31.07
Noble Group To Invest $450 Million in Brazilian Ethanol
In Hong Kong, Noble Group said it will invest $450 million in its Brazilian suga...
12.28.07
Columbia To Invest $342 Million in Biofuel Plants
The Colombian government says it will invest $342 million in three new biofuel p...
12.28.07
US Biodiesel Production at 22% Capacity
According to the US National Biodiesel Board (NBB), US biodiesel producers are o...
12.19.07
Argentine 2007 Biodiesel Invetments Reach $300 Million
Investments in production of biodiesel in Argentina have totaled some $300 milli...
12.18.07
World Biodiesel Capacity Estimated At 14 Billion Gallons
According to analysis by the journal, Environmental Science and Technology, Mala...
12.17.07
EIA See Oil Above $80 Per Barrel for 2008
The US Energy Information Administration (EIA expects crude oil prices to remain...
US House Passes Energy Tax Package
02.28.08
Yesterday, the US House has passed the Renewable Energy and Energy Conservation Tax Act of 2008.
Among its provisions, the bill: (1) extends the biodiesel tax incentive for 2 years through December 31, 2010; (2) classifies the tax treatment of co-processed renewable diesel; (3)retroactively denies the biodiesel tax incentive on "splash and dash" transactions; (4) limits the biodiesel tax credit to fuels produced in the US for use in the US.
The bill nows moves to the US Senate where its prospects are uncertain.
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