Industry News

11.26.08

Finnish Company to Produce Biodiesel From Fish Waste

VTT Technical Research Centre of Finland and its partners have launched ENERFISH...

11.24.08

US Sentate Will Introduce Clean Energy Bill In January

Top US Senate Democrats will introduce a bill in January that recommends spendin...

11.21.08

GE To Extend New Energy Loans

General Electric has expressed willingness to increase financial support for inf...

11.20.08

Pakistan Promotes Biodiesel

The Pakistani government may decrease diesel imports by 50% by promoting alterna...

11.19.08

US EPA To Require Biofuel Blending

The US EPA set the amount of biofuels that must be blended into gasoline next ye...

11.18.08

US DOE Awards Biodiesel Grants

The US Department of Energy has recently awarded Montana State University and Ut...

11.17.08

Brazilian Company Plans Worlds Largest Biodiesel Facility

Companhia Brasileira de Energias Alternativas e Renováveis plans to build the la...

11.13.08

Mexico And Colombia Cooperate on Biofuel Plant

Mexico and Colombia plan to build a biofuel plant in Chiapas, Mexico using Colom...

11.12.08

Air New Zealand Sets Date for Biodiesel Flight

Air New Zealand has set a date of December 3 for its first biodiesel test flight...

11.11.08

Finland Sets Renewable Energy Targets

Finland set targets on Thursday for power consumption and to raise the share of ...

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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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