Industry News 
11.10.08
Grants Awarded to MN Renewable Energy Projects
Eight renewable energy projects in Minnesota will receive nearly $3 million in s...
11.07.08
Largest Bulgarian Biodiesel Plant Opens
Zarneni Hrani Bulgaria AD has opened its new 100,000 mt biodiesel plant, expecte...
11.06.08
Argentine Biodiesel Capacity To Grow
The Argentine Renewable Energies Chamber projected in a study that Argentina wil...
11.05.08
Obama Planning Billion-Dollar Renewable Energy Fund
Soon to be US President, Barack Obama, is planning a $150 billion fund for biofu...
11.04.08
First Biodiesel and Green Convenience Store To Open
Simply Green Biofuels will open the first biodiesel station and "con-green-ience...
11.03.08
Malaysia Implements Biodiesel Mandate
The Malaysian cabinet has decided to implement a 5% biodiesel blending program b...
10.31.08
Australia Launches Second Generation Biofuels Program
The Australian Minister for Resources and Energy has launched the Australian gov...
10.29.08
US DOE Awards Renewable Energy Grant
The US DOE has awarded a $1.5 million grant to a group of renewable energy compa...
10.28.08
Brazil Reduces Biodiesel Taxes
Brazil’s government has cut the PIS and Cofins taxes on biodiesel sold in the do...
10.27.08
Pennsylvania Launches Biodiesel Incentive
The Pennsylvania Department of Environmental Protection has launched a biodiesel...
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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