In Hong Kong, Banle Energy International Limited, a subsidiary of CBL International Limited, partnering with ASB Biodiesel Limited and Seven Seas Oil Limited completed its first B24 biofuel bunkering operation in Hong Kong. Teck Lim Chia, Banle Energy’s Chief Executive Officer and Chairman, said: “B24 biofuel bunkering operation in Hong Kong is a significant step […]
In California, Grand View Research reported that the global biofuels market size is expected to reach $207.87 billion by 2030. The global biofuels market is expected to expand at a CAGR of 11.1% from 2023 to 2030, according to the report. “The North America region accounted for 33.25% revenue share in 2022. The region has […]
In New York, Sourcing Journal reported that French bio-tech company Pili is using part of the $15.8 million in Series A funding it received earlier this year to build out an operations team. The company recently announced that it has hired Alain Pinchart, ex-CEO of Noveal, a development and manufacturing subsidiary of L’Oreal group, as […]
In Washington, Hydrocarbon Engineering reports Energy Information Administration data shows rising feedstock prices for biofuel have helped to stop the freefall of RIN prices that started to take place following the publication of Environmental Protection Agency’s lower-than-hoped-for RFS blending mandates last month. On Tuesday, biomass-based diesel D6 RINs closed at $1.54/gal and ethanol D4 RINs […]
In Russia, Interfax reports Lukoil is working on developing sustainable aviation fuel from algae feedstock together with a partner at the oil major’s Bulgarian refinery. It is also in the experimental stage on a pyrolysis oil project while in Finland it has begun retailing its Teboil Green+ from waste feedstock last year in three cities […]
In Washington, the Energy Information Administration says California accounts for nearly all renewable diesel consumption in the United States, but most of it isn’t made in the state. More than eight times the renewable diesel was consumed in California than was produced there in 2021. Instead, most of California’s renewable diesel was produced in other […]
In Missouri, the National Renewable Energy Laboratory (NREL) released its Assessment of BQ-9000 Biodiesel Properties for 2022 with more data collected than ever before. The annual report is produced under the direction of Clean Fuels Alliance America to document the quality of biodiesel from U.S. and Canadian-based producers that participate in the industry’s voluntary quality […]
In Michigan, GasTechno Energy & Fuels, a developer and manufacturer of single-step methane-to-methanol conversion plants, plans to introduce an equipment license-lease financing program. In advance of the license-lease program, GasTechno is offering biogas project developers the opportunity, until Aug. 31, to submit non-binding letters of intent to purchase one, or both, of its Mini-GTL methane-to-methanol […]
In the UK, Yorkshire Water has signed 15-year agreements with SGN Commercial Services and Centrica Energy Trading that will see biomethane gas to grid plants introduced at its Knostrop and Blackburn Meadows wastewater treatment works. Biogas is produced as a by-product of Yorkshire Water’s sewage wastewater treatment processes and can be upgraded to separate methane […]
In India, U.S. Secretary of Energy Jennifer M. Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri held the third ministerial meeting of the U.S.-India Strategic Clean Energy Partnership where they welcomed: · establishment of the public-private Energy Storage Task Force and related efforts to support large-scale integration of renewable energy needed […]
