Market News

05.06.08

$245 Million Ethanol Plant Planned For Niagara Falls

Plans by a Toronto company to launch a $245 million ethanol production plant in ...

05.05.08

Republican US Senators Ask to Ease RFS Requirements

Two dozen Republican US Senators, including Republican presidential candidate Jo...

05.02.08

Malaysian Palm Oil Exports At Four Month High

Malaysia's palm oil exports rose 7.4% on the month to a four month high of 1.31 ...

05.01.08

Canadians Show Strong Support for Biofuels

The results of a nationwide poll find that Canadians overwhelmingly support the ...

04.30.08

Biodiesel Investments Slowing In Southeast Asia

Plans to invest billions of dollars in biodiesel refineries across Southeast Asi...

04.29.08

EU Considering Strict Criteria for Biofuel Imports

According to media reports, the EU is considering bringing in stringent criteria...

04.28.08

Argentina Economic Minister Resigns

Argentina Economy Minister Martin Lousteau has resigned, replaced by Carlos Fern...

04.25.08

EBB Files Import Complaint Against US

The European Biodiesel Board announced it has filed a complaint with the Europea...

04.24.08

Columbian Sugar Exports Decline For Second Year

Colombia's sugar exports declined for a second consecutive year. According to t...

04.23.08

UN Official Calls Biofuels Media Coverage "Simplistic"

Current news coverage and headlines blaming biofuels for shortages of food crops...

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Saudi Oil Minister Links Oil Prices to Biofuels

03.03.08

Saudi Arabia's oil minister Ali al-Nuaimi says oil prices will stay above a minimum of $60 to $70 dollars per barrel because public policy in many countries is to invest in alternative energy sources to compete with petroleum, and this can only occur if oil is priced at this level.

"If you take all the subsidies that go into producing a barrel of biofuels,” he said, “I doubt that anybody can make money in that business with a price of less than $60 or $70. Therefore, a line has been drawn below which the price cannot fall."



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