Industry News

02.07.08

90% of US Biodiesel Meets ASTM Specs

The National Renewable Energy Lab released results from a new biodiesel quality ...

02.01.08

Argentina to Produce 6% of World's Biodiesel by 2012

Argentina will produce 6% of the world's biodiesel by 2012 if current projects i...

01.31.08

US To Host Energy Emissions Summit

Sixteen of the world’s largest greenhouse gas emitters are meeting in Honolulu t...

01.30.08

France To Review Biofuel Policy

France is considering changing its policy on the use of biofuels after doubts we...

01.29.08

Highlights of EU Renewable Energy Directive

Some highlights of the EU Renewable Energy Directive Mandated Blending: •As of...

01.29.08

President Bush Addresses Energy Issues

Addressing energy issues in his annual State of the Union address, US President ...

01.28.08

EU Parliament Approves Emmisions Plan

Members of the European Parliament in Brussels have approved the emissions reduc...

01.25.08

Groups React to EU Energy Package

In the EU Parliament, German Christian Democrats and Socialist groups have react...

01.24.08

EU Comission Adopts 10% Biofuel Mandate

The EU Commission adopted a plan today to cut EU emissions of greenhouse gases, ...

01.23.08

ConAgra Cancels Proposed Ethanol Plant in New Mexico

In New Mexico, ConAgra announced that it was canceling its proposed 100 million ...

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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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