Industry News

11.18.09

Chinese Company Commences Construction of New Biodiesel Plant

China Integrated Energy has commenced construction of a new biodiesel plant adja...

11.18.09

UK Company Offers Free Waste Veg-Oil Biodiesel In Trial

In the UK, CO2 Sense Yorkshire is supporting trials of using waste vegetable oil...

11.18.09

Biodiesel Plant to be Rebuilt After Fire

Gen-X Energy Group plans to rebuild its biodiesel plant and expand production at...

11.06.09

German Biofuel Sustainability Law Being Implemented

The German biofuel industry is developing rule to deal with certification and do...

11.06.09

Bulgaria Sets Targets to Boost Clean Energy

On Wednesday, Bulgaria set interim targets to boost clean energy in its total su...

11.06.09

Brazil President to Bring 'Ambitious' Goals to Copenhagen

Brazilian President Lula plans to take 'ambitious' goals to the Copenhagen clima...

11.06.09

Hummer Announces Biofuel Model

Hummer announced this week the addition of an E85 Flex Fuel capable 5.3L V8 engi...

11.06.09

Senate EPW Approves Climate Bill

Democratic members of the Senate EPW Committee approved the climate change bill ...

11.04.09

Bill Introduced to Expand Eligibility of Ethanol Tax Credit

US Rep. Chris Van Hollen introduced legislation Monday expanding feedstock eligi...

11.04.09

EU Pressures US On Climate Change as Republicans Boycott EPW Vote

In Washington this week, the EU continued to pressure Congress to unite on a cli...

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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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