Industry News

08.03.09

UK Announces Low-Carbon Aviation Research Plan

The UK government’s Technology Strategy Board has secured support from universit...

08.03.09

EU Commission Compiling Indirect Land-Use Change Report

The EU Commission is currently compiling a report on indirect land-use, due by t...

08.03.09

VeraSun Files to Cancel Common Stock

VeraSun has filed a plan of liquidation that would cancel the shares of the comp...

07.24.09

Biodiesel Becoming Popular in Hotel Industry

In Houston, TX Hilton Americas has announced its first delivery of biodiesel to ...

07.24.09

Biodiesel Exempt From Fuel Tax in Rhode Island

Rhode Island has amended its motor fuel tax law to exempt biodiesel from the 32 ...

07.24.09

Biodiesel Mandate to Begin in Oregon

Oregon's 2% biodiesel mandate, which was signed into law in 2007, is expected to...

07.17.09

Turkey Biodiesel Producers Seek Government Support

In Turkey, biodiesel producers have called on the government for greater support...

07.17.09

Spanish Biodiesel Market Being Controled By Imports

The Spanish biodiesel market is being controled by imports from Argentina, Malay...

07.17.09

New Biodiesel Plant Planned in Tennesee

The University of Tennessee is planning a 380k gal/yr used cooking oil to biodie...

07.17.09

University Researchers Publish Support of Biofuels

Researchers from high-profile universities, including MIT and Princeton, release...

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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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