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
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...
Malaysia Pondering Biodiesel Mandate
04.21.08
Malaysia is considering offering financial incentives to biodiesel producers and the government is deliberating whether to introduce a 2% or 5% biodiesel blending level to boost production.
According to the chairman of the Malaysian Palm Oil Board, manufacturing palm oil biodiesel will be economically viable only if CPO prices are less than $782 mt compared with the current $1,156 mt.
A 2% biodiesel blend with suitable incentives could stimulate production of 200,000 mt of biodiesel, while a 5% blend result in 500,000 mt.
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