Industry News 
03.06.08
US Firms To Invest $55 Million In Philippine Biofuels
The US Department of Agriculture has signed two agreements with American firms w...
03.05.08
Petrobras To Set Up Biofuels Unit
Petrobras says it is setting up a separate unit for ethanol and biodiesel, aimin...
03.05.08
EIA Doubts US Can Meet Ethanol Goals
The US is not expected to make enough cellulosic fuel to meet Congress' mandate ...
03.05.08
USDA and DOE to Invest in Biomass Research
The USDA and US DOE will invest up to $18.4 million over three years in 21 bioma...
03.04.08
Komatsu Approves Biodiesel For Its Engines
Worldwide machinery manufacturer Komatsu has announced that biodiesel blends of ...
03.03.08
Chevron & Weyerhaeuser to Research Ethanol Technologies
Timber company Weyerhaeuser and oil company Chevron announced a new partnership ...
02.29.08
American Soybean Association Eyeing WTO Challenge
If differences can't be resolved through the Doha Round negotiations for a new W...
02.29.08
German Biodiesel Producers Appeal Tax Increase
German biodiesel producers appealed this week to the German Chancellor to end bi...
02.28.08
US House Passes Energy Tax Package
Yesterday, the US House has passed the Renewable Energy and Energy Conservation ...
02.27.08
Soy Based Biodiesel Production Declining
The share of soy oil-based biodiesel in total US biodiesel production is declini...
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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