Industry News 
03.06.09
Petrobras To Invest Billions in Biofuels
Petrobras will invest $2.4 billion in ethanol and biodiesel production over the ...
03.05.09
Biodiesel Being Tested in the Arctic
Indiana Soybean Alliance is taking 250 gallons of cold climate biodiesel, Permaf...
02.27.09
World Bank May Fund Biofuels Development
The Global Renewable Fuels Alliance has asked the World Bank to invest in biofue...
02.25.09
Neste Oil To Begin Construction On Singapore Biodiesel Plant
Finnish refiner Neste Oil will begin construction on its $704 million, 800,000 m...
02.23.09
Biodiesel Plant Planned For Fort Morgan, CO
A Boulder, CO-based Rocky Mountain Sustainable Enterprises plans to build a 4.5 ...
02.20.09
US and Canada To Collaborate on Biofuels
US President Barack Obama and Canadian Prime Minister Stephen Harper have agreed...
02.18.09
Georgia To Launch Zero Waste Zone
In Georgia, Atlanta Recycles has partnered with the Green Foodservice Alliance a...
02.13.09
Virginia Senate Passes B2 Mandate
The Virginia B2 mandate passed the State Senate this week, but would not apply i...
02.12.09
Argentine Soybean Crop Expected to Improve
The outlook for Argentina’s soybean crop may improve as summer rains replenish s...
02.10.09
Chile Plans Biomass Development
Chile plans to produce second-generation plant-based fuels from forest biomass w...
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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