Market News

08.07.08

USDA May Report Higher Corn Crop

According to Reuters, the U.S. Department of Agriculture is likely to raise its ...

08.06.08

Malaysia & Indonesia To Cooperate On Biofuels

Malaysia and Indonesia will cooperate in a biofuel development program and may u...

08.05.08

Thailand Proposes Energy Plan

In Thailand, a "One Tambon One Megawatt" plan was proposed at the annual meeting...

08.04.08

Malaysian Palm Oil Production To Rise

Malaysia's end-month palm oil stocks may be above two million mt as of July 31, ...

08.01.08

US Consumers Favor Biodiesel

A survey conducted by the United Soybean Board found that US consumers strongly ...

07.31.08

Petrobras Opens First Biodiesel Plant

Petrobras expects to produce 248 million gallons of biodiesel per year by 2012, ...

07.30.08

Massachusetts Adopts Biofuels Mandate

Massachusetts has passed The Clean Energy Biofuels Act that will make it the fir...

07.29.08

Peru to Increase Biodiesel Imports

Peru's state-owned energy firm, Petroperu, may start importing 650 barrels of bi...

07.28.08

Nigerian Rebels Attack Oil Piplines

The Movement for the Emancipation of the Niger Delta (MEND) has sabotaged two Ro...

07.25.08

Certified Palm Oil to Hit Global Market

Palm oil producers in Indonesia, Malaysia, and Papua New Guinea may sell up to o...

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Exxon See Growth in Alternative Energy

11.06.07

In a report that predicts steady growth in petroleum demand in the decades to come, Exxon Mobile also see rapid growth in alternatives fuel.

While petroleum oil is forecast to grow an average of 1.3% annually, alternative sources of energy such as wind, solar, and biofuel will grow by 9% per year, according to the oil giant.

Exxon says carbon dioxide emissions will rise at 2% a year, driven mainly by developing nations' heavy reliance on coal. This would push carbon dioxide emissions to about 37 billion metric tons a year from 27 billion tons in 2005.



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