Oil’s #1 and Craig Venter re-up on algae fuels R&D effort In California, Synthetic Genomics announced a new co-funded research agreement with ExxonMobil to develop algae biofuels. The new agreement is a basic science research program that focuses on developing algal strains with significantly improved production characteristics by employing synthetic genomic science and technology. Financial […]
You can sum it up in 10 words: Studebaker, Maxwell, Hudson, Checker, DeSoto, Duesenberg, LaSalle, Oldsmobile, Plymouth, Tucker. The names of beloved auto brands that went by the wayside — great in their day, but unable to adapt to modern times. The passing of a great brand is a sad thing, but it doesn’t mean […]
We noted earlier this week the changes at Bio Architecture Lab, including a change in CEO and strategy. The story attracted a report in Bloomberg, citing that “Bio Architecture Lab has given up on the technology [and] is seeking to sell Chilean operations including a 20-hectare (49-acre) seaweed farm in a bay near the island […]
Moniz confirmed as US Secretary of Energy. The US Senate confirmed MIT professor Ernest Moniz as US Secretary of Energy, in a 97-0 vote. Mike McAdams, president of the ABFA said, “The Advanced Biofuels Association strongly supports the confirmation of Ernest Moniz to be the next Secretary of Energy. We are pleased that President Obama tapped […]
In California, Edeniq announced the company’s first demonstration plant, located at its Visalia, CA headquarters, has completed a successful “performance test” that exceeded the benchmark of 1,000 hours of continuous operation. The Corn-to-Cellulosic Migration plant utilizes Edeniq’s proprietary technology to process over one metric ton of cellulosic feedstock per day to cellulosic ethanol, exceeding the plant’s […]
In Washington, US ethanol production averaged 857,000 barrels per day (b/d) — or 35.99 million gallons daily. That is up 14,000 b/d from the week before and tied for highest of the year. The four-week average for ethanol production stood at 853,000 b/d for an annualized rate of 13.08 billion gallons. Stocks of ethanol stood […]
In France, the International Energy Agency released its 2013 Mid-Term Oil Market Report, projected that US ethanol growth will stall almost completely through 2018 due to political opposition to the US Renewable Fuel Standard, the ethanol blend wall, stalling gasoline demand, and rising feedstock costs. “Though there is no clear indication the RFS2 will be […]
In the EU, Fox Business is reporting that the office of Statoil and Royal Dutch Shell were subjected to “announced inspections,” also known as raids, over charges that unnamed companies have been allegedly reporting faked commodity prices to Platts’ Market-On-Close (MOC) price assessment reports. The price reports are used to generate benchmarks for regional and […]
In Luxembourg, the Renewable Fuels Association (RFA) and Growth Energy filed a complaint with the EY General Court in Luxembourg challenging the European Union’s decision to impose a 9.6 percent antidumping duty on all ethanol imported from the United States. The complaint outlines 10 specific violations of one established trade law committed by the European […]
In Canada, Methes Energies announced that Methes Energies Canada signed a Purchase and Cooperation Agreement with BioFuel Aruba of Oranjestad, Aruba, to initially purchase one Denami 600 biodiesel processor. As the first and only biodiesel producer in Aruba, BioFuel Aruba was planning to expand its biodiesel production capacity by as early as third quarter 2013. BioFuel […]
