Market News

01.09.09

World Bank Launches Green Bonds

The World Bank has launched its first “green bonds” to raise additional funding ...

01.08.09

Manitoba to Begin Biodiesel Mandate

Manitoba, Canada may mandate a biodiesel blend in provincially sold diesel fuel ...

01.07.09

Continental Airlines To Test Biofuel Flight

Continental Airlines will conduct a biofuels demonstration flight January 7th, t...

01.06.09

Colombia Freezes Fuel Prices

The Colombian Energy and Mines Ministry will keep petrol and diesel prices in Ja...

01.05.09

Crude Oil Rises on Middle East Conflict

Crude oil rose for a third day, Monday, after Israeli troops entered the Gaza St...

12.18.08

Japan Airlines Plans Biofuel Flight

Japan Airlines has planned a one-hour flight out of Tokyo on Jan. 30, using a je...

12.17.08

OPEC Cuts Oil Output

OPEC has agreed to cut oil output by 4.2 million barrels a day from September pr...

12.16.08

US Estimates Increase in Soybean Exports

Strong early season exports, mostly to China, prompted the USDA to raise its est...

12.15.08

OPEC Yet to Lower Oil Output

After agreeing to lower output in September and October, OPEC members have yet t...

12.12.08

Oil Falls on Rejected US Auto Bailout

Crude oil fell below $45 a barrel Friday after the US Senate rejected a bailout ...

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Biodiesel Investments Slowing In Southeast Asia

04.30.08

Plans to invest billions of dollars in biodiesel refineries across Southeast Asia have been put on hold as the prices of key feedstocks, particularly palm oil, have shot up amid surging food demand in China and India, according to the Wall Street Journal.

Southeast Asian biodiesel projects were forecast to produce five million metric tons of biodiesel a year upon completion, about half of Europe's total refining capacity in 2007.

The Indonesian government has said that $12.5 billion in new biofuel investments are in the pipeline for that country alone, but due to the current situation, many palm oil producers are now refocusing on more traditional products such as cooking oil.



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