In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol stocks fell to 20.705 million barrels last week, falling for the first time since early November, on the back of lower ethanol production. Ethanol stocks were 2.464 million barrels higher during the same period last year. Ethanol production fell to 1.051 million barrels […]
In Oman, the Oman Daily Observer reports that Al Shawamikh Oil Services will install a solar energy system at Wakud’s biodiesel facility, the country’s first. The plant uses used cooking oil collected locally as feedstock for the biodiesel it produces. The decision to power the facility with solar power, the largest one of its kind […]
In California, Fulcrum BioEnergy, Inc announced the completion of an interim financing to fund Fulcrum’s second waste-to-fuels project, culminating in the issuance by the Indiana Finance Authority of $375 million of Environmental Improvement Revenue Bonds through Fulcrum’s wholly owned subsidiary Fulcrum Centerpoint, LLC (Centerpoint). Proceeds from the offering will be held in escrow with the […]
In Spain, Europa Press reports the National Association of Producers of Biodiesel from Waste (Ewaba Spain) has denounced on Tuesday that the unilateral breaking of contracts signed by the different gas suppliers with this industry “will lead the sector to the red, with the consequent danger closure and the reversal of commitments to reduce greenhouse […]
In Peru, Gestion reports Heaven Petroleum Operators (HPO) confirmed that it has complied with the requirements made in the tender to sell biodiesel to Petroperú. Through a statement, the company assured that it has participated on several occasions in tenders to sell biofuel to Petroperú, without breaking the regulations. In this case, it was a […]
In Belgium, the European Commission has approved, under EU State aid rules, two support measures for the construction of advanced biofuels plants in Finland. More specifically, the Commission has approved the following 2 investment aid measures notified by Finland: (i) €24.5 million in favor of NordFuel, to support the construction of an advanced biofuel demonstration […]
In Washington, the National Biodiesel Board (NBB) welcomed the release of a new report, “The Economic Benefits of the Biodiesel Blenders’ Credit,” from Capital Policy Analytics. The report calculates annual economic benefits of $15 billion and environmental benefits of $4.3 billion from U.S. biodiesel production. In 2020, the U.S. market for biodiesel and renewable diesel […]
In India, the Hindu newspaper reports the Indian Sugar Mills Association believes the country will achieve 10% ethanol blending in the current season that began on December 1. Last season achieved a record blending level of 8.1%. Already more than 3.60 billion liters have been accepted for purchase by oil marketing companies during two cycles. […]
In New York state, an investor group has announced the acquisition of Chemoil Terminals LLC, a leading independent liquid fuels transportation terminal that includes petroleum and renewable fuels focused on the Southern California market. Chemoil Terminals’ name will be changed to Olympus Terminals following the transaction. Chemoil Terminals, headquartered in Long Beach, California, is the second […]
In India, Gujarat Alkalies and Chemicals Limited (GACL) and GAIL (India) Limited (GAIL) signed a Memorandum of Understanding to set-up a bioethanol plant of 500,000 liter per day capacity. This plant will be using corn/broken rice as feedstock with eco-friendly technology and it will produce 500 KLD Bioethanol, which will be used for blending in […]
