Industry News

10.09.09

EC Reports Need For Clean Energy Investment

A new report by the European Commission states that investment in clean energy n...

10.09.09

France Announces 2nd-Gen Biofuels Program

The French Environment and Energy Management Agency has announced a five-year, $...

10.09.09

Waste Biodiesel May Count Double Towards RTFO

The UK RFA is considering separating waste biodiesel and vegoil biodiesel by all...

10.08.09

ADM Acquires Czech Biodiesel Plant

ADM has completed acquisition of Via Chem Group's oilseed crushing facility and ...

10.08.09

Obama Orders Federal Agencies to Cut Emissions, Fuel Consumption

President Obama signed an executive order this week requiring federal agencies t...

09.25.09

MARKET VIEWS: Argentina Biodiesel Not Reaping Subsidies as EU Claims

Cámara Argentina de Energías Renovables (CADER) has released a report titled Sta...

09.25.09

German Biodiesel Output Estimated at 2.5-mil MT

German biodiesel producers continue to experience a lack of demand, with half of...

09.25.09

Abengoa Buys Stake in Biofuel JV

In Spain, Abengoa has bought a 50% stake of food group Ebro Puleva in their biof...

09.25.09

US Senate Approves EPA Spending Bill Without Biofuel Amendments

Late Thursday, the US Senate approved--by a 77-21 vote--its $32.1-billion 2010 I...

09.18.09

Spain Recession Hinders Biodiesel Industry

The European Commission forecasts that Spain will remain in recession until the ...

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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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