Galp Energia cancels northern Portugal project, citing feedstock prices

February 29, 2008

In Portugal, Galp Energia has cancelled development of its Matosinhos refinery, due to the escalating cost of feedstocks. Galp announced a year ago that it would invest up to $350 million to adapt its refineries to produce second generation biofuels, with more than $70 million earmarked for Matosinhos. The company did not make announcements with respect to its facility at Sines, where it expects to complete construction in 2010 of a 500,000 tonne biofuel plant.

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Galp forms venture to use oil refinery combustion gases for algae production

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Mozambique OKs $280 million, 18,000 hectare sugarcane bioenergy project: 213 Mgy ethanol, 82 MW power

In Mozambique, the national government has approved an 18,00 hectare bioenergy park that would provide 213 Mgy of ethanol. 92 MW of energy, and 2,600 jobs. The sugarcane ethanol project will be constr...

North Prairie drops 45 Mgy biodiesel project in Wisconsin; cites high feedstock costs

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Sekab cancels Hungarian ethanol project, citing financing; 30 Hungarian ethanol projects now shelved

In Hungary, SEKAB has canceled plans to develop four ethanol plants in Hungary, citing financing difficulties. The company had planned an investment of $600 million in the region, but said that more t...

Dial Energy abandons 100 Mgy corn ethanol project in Illinois over feedstock, financing issues

In Illinois, Dial Energy has abandoned plans to construct a 100 Mgy corn ethanol plant in Abingdon, citing high feedstock prices and financing difficulties. The company originally projected to commenc...

Written by Jim Lane · Filed Under International, Producer News