Category: Fuels

Eco-Energy renewable feedstock distribution facility comes online

Eco-Energy renewable feedstock distribution facility comes online

October 15, 2024 |

In Tennessee, Eco-Energy has commenced operations at its newly built renewable feedstock distribution facility located in Newton, Iowa. The facility will provide Marathon Petroleum Company the ability to aggregate renewable feedstocks (e.g., distillers corn oil, soybean oil, animal fats and used cooking oil) from throughout Iowa for outbound distribution to the rapidly growing renewable diesel […]

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GrowTEC lands $1.45M from Canadian government for AD expansion project

GrowTEC lands $1.45M from Canadian government for AD expansion project

October 15, 2024 |

In Canada, EverGen Infrastructure Corp says Grow the Energy Circle Ltd. (GrowTEC), an operating farm scale biogas facility, has received up to C$2-million from Agriculture and Agri-Food Canada (AAFC) to support the development of Phase 2 of its anaerobic digester expansion project. This funding will enable the GrowTEC facility to significantly expand and optimize RNG […]

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Sistema.bio lands $15M financing for global expansion

Sistema.bio lands $15M financing for global expansion

October 14, 2024 |

In Kenya, Sistema.bio has secured a package of $15 million in financing to fuel its global growth. The company has grown its sales by over five times in the last three years, driven by deep climate, economic and health impacts for farmers worldwide. The current funds will support the continued growth of its partnerships, markets […]

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Tidewater Terminals open $6.1M biodiesel hub at its Snake River facilities

Tidewater Terminals open $6.1M biodiesel hub at its Snake River facilities

October 14, 2024 |

In Washington state, the Tri-State Herald reports Tidewater Terminals has opened its $6.1 million biodiesel hub at its Snake River facilities. Thanks to a $3.1 million HIIP USDA grant, the facility will provide biodiesel and ethanol for custom blending to serve markets in Eastern Washington, Eastern Oregon and Northern Idaho. BNSF Railway as well as […]

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Palm oil futures slide from 6 month high

Palm oil futures slide from 6 month high

October 14, 2024 |

In Malaysia, Bloomberg reports that palm oil futures slid back from six month highs on Monday as crude oil prices retreated following an uneventful report from China that was widely thought to boost demand that then weighed on soybean oil prices in the US and China. Even though prices fell off for palm oil, their […]

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Repsol supplying bio-LNG to Brittany Ferries

Repsol supplying bio-LNG to Brittany Ferries

October 14, 2024 |

In Spain, Repsol has started supplying liquefied biomethane (bio-LNG) to Brittany Ferries’ LNG-fuelled vessels Salamanca and Santoña at the LNG-bunkering terminal in Santander (Spain). This is the first test of its kind for the two companies, consisting of the supply three truck-loads, totalling 60 tons of bio-LNG, and it is the first supply of its […]

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IEA report shows renewable fuels will remain below 6% of market by 2030

IEA report shows renewable fuels will remain below 6% of market by 2030

October 14, 2024 |

In France, the International Energy Agency’s most recent Renewables 2024 report says meeting international climate goals would require not only accelerating the rollout of renewable power, but also significantly speeding up the adoption of sustainable biofuels, biogases, hydrogen and e-fuels, the report notes. Since these fuels remain more expensive than their fossil counterparts, their share […]

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Bursa exploring launch of UCO futures contracts

Bursa exploring launch of UCO futures contracts

October 14, 2024 |

In Malaysia, Bloomberg reports the Bursa is contemplating adding used cooking oil futures to compliment palm oil futures for hedging in the biodiesel market. Contract specification that have been shared with industry representatives show that proposed UCO futures contracts would be US dollar denominated, cash-settled, and priced against the FOB Straits assessment for used cooking […]

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Vertex Energy becomes first to pivot hydrocrack back to crude from renewable diesel

Vertex Energy becomes first to pivot hydrocrack back to crude from renewable diesel

October 14, 2024 |

In Alabama, the Oil & Gas Journal reports Vertex Energy has become the first flexible refinery to pivot its renewable diesel hydrocracker back to processing petroleum on the back of high renewable diesel supplies in the market. It relaunched the hydrocracker on Oct. 9 after having announced the turn around back in May. The relaunch […]

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Nestlé Purina Petcare debuts use of hydrogen fuel cell electric semi-truck in California

Nestlé Purina Petcare debuts use of hydrogen fuel cell electric semi-truck in California

October 13, 2024 |

In Missouri, Nestlé Purina PetCare, in collaboration with The Kenan Advantage Group (KAG) and Nikola Corporation, launched its first zero-tailpipe-emission delivery with the use of a hydrogen fuel cell electric semi-truck this week.  On its inaugural journey, the truck is transporting Purina products between three California cities: Stockton, Maricopa and Modesto.  “We are continuously identifying […]

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