Industry News

01.07.08

Petrotec Resumes Biodiesel Production

German biodiesel manufacturer, Petrotec, is restarting biodiesel production in J...

01.04.08

Jatropha Biodiesel Meets Spec

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...

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Canada House of Commons Passes Biofuel Mandate

05.29.08

In Canada, the House of Commons passed a biofuel bill mandating a 5% ethanol blend in gasoline by 2010 and a 2% biodiesel blend by 2012, creating demand for 528 million gallons of ethanol and 159 million gallons of biodiesel.

The bill also provides subsidies of $1.47 billion in an effort to ensure the mandate is filled with biofuel made from Canadian crops. The bill will now move to the Senate.



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