Market News 
08.17.09
Argentine Lower House Votes to Extend President's Export Tax Control
Argentina's lower house voted 136 to 100 after 9 hours of debate on Thursday to ...
08.17.09
Over One-Billion Gallons of Ethanol Capacity Remain Idle
The US Renewables Fuels Association reports that 1.53-billion gallons of ethanol...
08.14.09
Australian Climate Bill Defeated in Senate
Australia’s Senate on Thursday defeated a plan to introduce a carbon trading sys...
08.14.09
Bahamas To Introduce Biofuels In Energy Policy
The Bahamas government plans to introduce biofuels as part of a national energy ...
08.14.09
Wilmar Oilseed Sector to Grow 10%
Wilmar International expects its consumer and oilseed processing businesses to g...
08.14.09
EC Publishes List of Air Carriers to be Included in Emissions Trading Plan
The European Commission has published a list of aircraft companies to be include...
08.12.09
Crude Oil to Remain Flat in Q4
In its Short Term Energy Outlook, released Tuesday, EIA forecast the price of cr...
08.12.09
Global Production Forecast Revised Downward
Global oilseed production for 2009/10 is projected at 422.6 million tons, down 0...
08.07.09
Brazil Soy Crush Estimate Revised Downward
This week, the Brazilian Vegetable Oils Industry Association revised downward th...
08.07.09
Argentina President To Sign Agreement On Grain Exports
In Argentina, Production Minister Deborah Giorgi confirmed that President Cristi...
Flex-Fuel Cars Are 85% of New Sales in Brazil
10.09.07
Flex-fuel cars, introduced in Brazil in 2003, now represent 85% of new car sales. By 2020, Petrobras expects these cars to make up 72% of Brazil's light-vehicle fleet, up from 13% in 2006.
By 2020, Brazilians will consume more ethanol than gasoline because flex-fuel cars will dominate the country's car fleet, according to Sergio Gabrielli, CEO of Petrobras. Flex-fuel can run on any mixture of gasoline and ethanol. Gasoline cars are expected to shrink to 13% from 71% over the same period.
About World Energy