Market News

02.19.08

Scientists Dispute Biofuels Study

Scientists at the US Department of Energy have disputed a widely reported study ...

02.18.08

China Braces For Food Crisis

In China, prices on selected food items have soared by 60%, prompting concern th...

02.15.08

Petrobras to Build Biodiesel "Superplant"

In Brazil, Petrobras says it will build a 193 Mgy "superplant" for biodiesel pro...

02.14.08

Malaysia Proposes $103 Billion Renewable Energy Plan

In Malaysia, the national government has proposed a $103 billion "Sarawak Corrid...

02.13.08

Agri Energy Fails To Get Financing

Melbourne-based biofuel development company Agri Energy halted trading in its sh...

02.12.08

Ethanol Closer to Unified Global Trading

In Brazil, representatives of Unica, the Sao Paulo-based sugar cane industry ass...

02.11.08

Bulgaria Attracts Biodiesel Investment

Spanish group Coener Systems plans to build a $90 million biodiesel plant near P...

02.08.08

First Waste Wood Cellulosic Ethanol Plant In US Is Operational

KL Process Design Group (KL) has announced its cellulosic ethanol plant is opera...

02.07.08

Natural Fuels Australia Ceases Biodiesel Production

Natural Fuels Australia, which operates the $48 million biodiesel plant in East ...

02.01.08

Iowa Biofuel Industry Leads Nation

Iowa's ethanol and biodiesel industries added $12.7 billion last year into the s...

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US and Brazil Defend Biofuels at UN Food Summit

06.04.08

In Rome, Italy, a three-day UN food summit has called for trade barriers to be reduced and food export bans to be lifted to ease increasing food prices. Most countries and international organizations cited multiple causes for increasing food costs, but views on how much each factor contributed varied widely.

The US and Brazil defended biofuel production, amid discussions of whether to scale back or push ahead with biofuels.

On Wednesday, the Islamic Development Bank donated $1.5 billion, as the UN acknowledged that food shortages would cost $15 billion to $30 billion a year to resolve.



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