In Belgium, the European Commission, European Investment Bank (EIB), Cassa Depositi e Prestiti (CDP) and Deutsche Bank announced a new European fund to provide market-based financing for commercially viable public energy efficiency and small-scale renewable energy projects within the European Union. The European Energy Efficiency Fund (EEEF) aims to support EU member states to reach […]
In Kuwait, the National Petroleum Company’s (KNPC) new Chairman of the Board and Managing Director announced two new projects including a new oil refinery and biofuel plant. He noted that that the biofuel project will allow the Kuwaiti refineries to be able to manufacture oil products in accordance with global standards, while the refinery aims […]
In the UK, researchers at Aberystwyth University claim seaweed may become a viable biofuel feedstock, especially if harvested in summer. Carbohydrate levels in kelp are at their highest in July, when harvesting would ensure optimal sugar release for biofuel production.Researchers collected monthly samples and used chemical analysis to assess the seasonal variability of kelp off […]
In Missouri, analysis by the University of Missouri suggests corn prices will increase approximately 18 cents per bushel if the 45-cent-per-gallon tax credit for ethanol remains. The credit is currently under debate in Congress. The analysis supports an Iowa State University study conducted last year that showed corn prices would decrease by 10 percent if […]
The Faces of Biofuels photo series returns: here, we look at the faces of energy independence, to celebrate the 4th of July holiday in the US. In this installment of our Digest series, Propel customers shared their photos from fuel-ups and adventures- with photo entries posted to Propel’s Facebook page or submitted via email. Customers at […]
In Washington, ASTM formally approved the Bio-SPK aviation biofuels specification, which will allow up to 50 percent blends of hydroprocessed renewable jet fuel made from feedstocks such as camelina, jatropha and microalgae. “We’re extremely pleased to see the approval of the first group of biofuels for aviation,” Billy Glover, Boeing’s vice president of environment and […]
In Alabama, Clean Energy Pathways has signed a letter of intent to provide 40,000 barrels (1,680,000 gal) of ASTM-grade biodiesel to Dorly Petroleum, pending final price negotiation. Dorly Petroleum, headquartered in Calverton, MD, is a fuel distributor serving domestic and foreign customers with a variety of energy sources that include bio-diesel and refined petroleum products. […]
Genomatica surged into first place in the 30 Hottest Companies in Renewable Chemicals & Biomaterials, as voting returns began to filter in from the international panel of invited selectors. Gevo moved into second place, and Solazyme dropped back to third. Meanwhile, strategic investor Waste Management surged into 4th place, while Amyris slipped back into fifth […]
In the United Arab Emirates, McDonalds and Neutral Fuels have formed a JV to produce biodiesel from recycles vegetable oil collected from McDonald’s outlets. The group said it plans to produce up to 264,000 gallons per year at a facility based in Dubai. McDonalds operates 90 restaurants in the Emirates, and as part of the […]
In Brazil, Petrobras acquired a 50 percent stake in the BSBIOS Indústria e Comércio de Biodiesel Sul Brasil biodiesel plant, located in Rio Grande do Sul, for $128 million. The plant has a capacity of 42 million gallons. Last week, the Digest reported that Petrobras is currently re-thinking its five-year investment strategy to take into […]
