Industry News

11.27.07

China Expanding Strategic Oil Reserve

China plans to build a strategic oil reserve near the southwestern industrial ci...

11.21.07

China Will Move To Ease Fuel Shortages

China will increase fuel supplies to ease shortages, particularly for diesel, an...

11.20.07

Japan Seeks $1.37 Per Gallon Ethanol by 2015

Sixteen major Japanese firms including automaker Toyota Motor Corp., Japan's lar...

11.19.07

US & China To Sign Energy Pact

An agreement between the US and China to promote the use of ethanol and other bi...

11.14.07

Indonesia May Return To 5% Biodiesel Mandate

Indonesia plans to return to a 5% biodiesel blend in diesel within the next thre...

11.14.07

Aramco Sees Oil For Decades To Come

The president of Saudi Aramco said there are enough conventional and non-convent...

11.13.07

Stockholm Moving To Bio-Heat

Fortum Värme has been granted an environmental permit for a new biofuel-fired co...

11.13.07

Tyson To Make Biodiesel From Poultry

Tyson Foods Inc. announced plans to buy a Brazilian poultry business and establi...

11.06.07

US At Top for Biofuel Investment

A recent index by Ernst & Young Global Ltd. concludes that the United States is ...

11.01.07

China Faces Fuel Supply Crisis

China raised domestic gasoline and diesel prices on Thursday, the first increase...

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US Soybean Use For Biodiesel Declines

03.19.08

High soybean oil prices are having an impact on domestic use of soybean oil for biodiesel production, according to US Census Bureau data.

The Bureau reports that soybean oil use for biodiesel reached about 470 million pounds in August 2007, and then declined for five consecutive months to about 320 million pounds in January 2008.

Soybean oil used for biodiesel production accounted for 23% of total domestic consumption in August, but only 12% in January 2008.



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