Category: Fuels

Port of Oslo contracts for hybrid patrol boat that will be fueled by biodiesel

Port of Oslo contracts for hybrid patrol boat that will be fueled by biodiesel

June 10, 2020 |

In Norway, the Port of Oslo has signed a contract with Maritime Partner AS in Aalesund, Norway to purchase a new hybrid boat for delivery early 2021. The new boat will be used for port surveillance as well as escorting of larger vessels sailing in the harbor. The boat will be on the fjord every […]

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Missouri Corn Merchandising Council to provide co-financing for BIP applicants

Missouri Corn Merchandising Council to provide co-financing for BIP applicants

June 10, 2020 |

In Missouri, Missouri Corn Merchandising Council (MCMC) is stepping up to strengthen the Missouri Agricultural and Small Business Development Authority (MASBDA) Biofuel Infrastructure Program (BIP) for transportation and fuel facilities. In conjunction with recently announced federal and state programs, Missouri’s corn checkoff will provide matching funds to increase the availability of higher ethanol blends in […]

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India backs down from rice-based ethanol following criticism

India backs down from rice-based ethanol following criticism

June 10, 2020 |

In India, Cogencis reports that following harsh criticism over the plan to use surplus rice as ethanol feedstock, the government is looking to drop the idea. The government doesn’t want to be seen using feedstuffs for ethanol during the COVID-19 pandemic but it also believes that giving free rice to the poor also gives the […]

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Brazilian ethanol use between March 2003 and May 2020 saved 515M tons of CO2 emissions

Brazilian ethanol use between March 2003 and May 2020 saved 515M tons of CO2 emissions

June 10, 2020 |

In Brazil, Renewables Now reports that UNICA has analyzed data from the National Agency of Petroleum, Natural Gas and Biofuels which shows 515 million metric tons of CO2 emissions have been avoided by using ethanol between March 2003 and May 2020. Ethanol can save up to 90% of CO2 emissions compared to using fossil-based gasoline, […]

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Haldor Topsoe’s HydroFlex chosen for Bakersfield refinery revamp

Haldor Topsoe’s HydroFlex chosen for Bakersfield refinery revamp

June 9, 2020 |

In Denmark, Global Clean Energy Holdings selected Haldor Topsoe’s HydroFlex for revamp of the Bakersfield, California refinery for renewable fuel production. Global Clean Energy’s retooled facility will produce 15,000 barrels per day of renewable diesel from proprietary camelina oil and other traditional biofuel feedstocks. Topsoe will deliver basic engineering, license, proprietary equipment and catalyst for […]

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BMW joins UECC GoodFuels ro-ro trial

BMW joins UECC GoodFuels ro-ro trial

June 9, 2020 |

In Germany, after having announced their three-month biofuel trial, leading short sea shipowner UECC and the GoodShipping Program have now partnered with premium car manufacturer BMW Group to continue to test marine Bio Fuel-Oil (BFO) on UECC’s ‘roll-on, roll-off’ (ro-ro) car carrying vessels. BMW Group joins UECC and the GoodShipping Program in the previously announced […]

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Chicago Argo ethanol prices highest since early March

Chicago Argo ethanol prices highest since early March

June 9, 2020 |

In Illinois, Platts reports that Chicago Argo ethanol prices have reached $1.2710/gal, the highest seen since early March when the COVID-19 pandemic was starting to ramp up worldwide. It reached an all-time low of 81.05 cents on April 1 but the benchmark indicator for Midwest ethanol prices has increased in six of the last trading […]

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Ethanol push in Kebbi state could result in $1B in annual revenues

Ethanol push in Kebbi state could result in $1B in annual revenues

June 9, 2020 |

In Nigeria, the Daily Sun newspaper reports that the push to create a large-scale ethanol industry in Kebbi state could result in direct and indirect revenues of more than $1 billion annually. About 32,000 hectares in the state have been set aside for cassava production and another 15,000 hectares for sugarcane to supply the planned […]

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Indonesia pushes biodiesel production costs down 20%

Indonesia pushes biodiesel production costs down 20%

June 9, 2020 |

In Indonesia, Bloomberg reports the Energy and Mineral Resources Ministry has managed to cut the cost of palm oil biodiesel production by 20%. Getting biodiesel down to $80 per metric ton will help to ensure that the B30 blending mandate is affordable for the country’s subsidy schemes that are primarily funded on duties levied on […]

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Brazil’s GVO closer to bankruptcy as bondholders call for repayment of $750M

Brazil’s GVO closer to bankruptcy as bondholders call for repayment of $750M

June 9, 2020 |

In Brazil, Reuters reports that ethanol producer GVO was issued with an order by its largest bondholders to fork out $750 million, which is expected to push the company towards bankruptcy. The company failed to make payments in 2018 which has left one bond in default since, which allows bondholders to push for immediate repayment. […]

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