Industry News 
07.28.10
CARBIO FORECASTS ARGENITNA BIODIESEL PRODUCTION TO INCREASE 25% IN 2011
Victor Castro, Executive Director of Carbio, expects Argentina’s domestic biodie...
07.28.10
NEW ARGENTINA BIODIESEL PLANT PROPOSED
Argentina-based ALS Bio plans to build a $10 mln, 60k mt biodiesel plant that wi...
07.28.10
NEW MEXICO BEGINS BIODIESEL MANDATE
New Mexico has this month begun mandating the use of a 5% biodiesel blend by all...
07.14.10
EPA TO REQUIRE 800 MLN GAL BIODIESEL IN 2011
On Monday EPA announced it would require the domestic use of 800 mln gal of biod...
07.14.10
BIOFUEL TAX BREAKS MY BE ATTACHED TO ENERGY BILL
Senators from the US Midwest may attach a long-term extension of biofuel tax bre...
03.26.10
BOTSWANA PLANS JATROPHA BIODIESEL PLANT
Botswana has announced plans to reduce carbon emissions by setting up a 50 milli...
03.26.10
ALBERTA EXPANDS BIOENERGY PROGRAM
Alberta, Canada has expanded and extended an incentive program for bioenergy pro...
03.19.10
CHINA PLANS 1 MIL MT/YR BIODIESEL PLANT
In China, Wuhan Kaidi Holding Investment has announced plans to build a biofuel ...
03.19.10
AIRLINE KLM TO USE BIOFUELS FROM 2011
Dutch airline KLM said it wanted to make commercial flights on biofuel from 2011...
03.19.10
NEW BIODIESEL PLANT PLANNED FOR CANADA
Canada's largest biodiesel plant that will crush 500k mt/yr of canola and supply...
China Faces Fuel Supply Crisis
11.01.07
China raised domestic gasoline and diesel prices on Thursday, the first increase in 17 months, as officials respond to a worsening supply situation by easing losses at state refiners. The increase will raise gasoline prices by 9% and diesel by 10%.
Officials hope the price increase will spur refiners to boost production and imports, heading off shortages that have caused gas lines, widespread rationing, and at least one death.
The gap between local and global prices remains wide. Diesel costs about $0.64 a liter at the pump in Beijing, versus around $1 in Singapore and $2 in Britain. Tensions are mounting between the government and its increasingly independent oil firms over who should pay for fuel subsidies.
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