In Texas, gasoline is getting a makeover with the Odessa Development Corporation and Nacero Inc. building a $6.5 – $7.0 billion lower carbon gasoline manufacturing facility at a site in Penwell, Texas. The gasoline will be made from a combination of natural gas, captured bio-methane and mitigated flare gas. Phase one will produce 70,000 barrels […]
In Germany, biotechnology company AlgaeCytes Limited is building its first commercial plant in Dessau, Saxon-Anhalt, Germany which will house AlgaCytes’s unique algae-based technology to produce natural, vegetarian, traceable, high-potency algal EPA, beta-carotene and agricultural crop biostimulant from sustainable sources to serve the nutraceutical, pharmaceutical and food verticals. The plant will be owned and operated by […]
In the Netherlands, Avantium N.V was awarded over $2 million (€1.78 million) in total by the EU Horizon 2020 program for its participation in the CATCO2NVERS, CO2SMOS and VIVALDI consortia, to be paid out by the EU in 4 tranches over a period of four years. All three consortium programmes aim to reduce greenhouse gas […]
In Washington, D.C., the U.S. Grains Council’s Latin America office recently showcased ethanol’s role in long-term fuel decarbonization policies to 70 government officials from 19 different countries in the region and held webinars in partnership with the Latin American Energy Organization (OLADE) to promote the use of biofuels as the most reliable source for achieving […]
In France, Air Liquide supplied the renewable hydrogen necessary to light up the Eiffel Tower for a laser show during the “Paris de l’hydrogène” event organised by Energy Observer. The hydrogen is also used to power the exhibition village and the exhibition features hydrogen as a cornerstone of the energy transition and as a means […]
In Texas, Vertex Energy, Inc. has entered into a definitive agreement to acquire the Mobile refinery located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc, for $75 million. The transaction is expected to close during the fourth quarter […]
In Washington, Energy Information Administration data shows ethanol stocks yet again fell to their lowest levels since 2016 at 18.98 million barrels, nearly half a million barrels lower than the week before. That stock drawdown was despite the fact that ethanol production was an average of 1.011 million barrels per day. Ethanol production at the […]
In Texas, My San Antonio reports that Valero has decided to “go all in” on renewable diesel, similar to other major oil refiners across the US, but the company already started conversions several years ago and began to truly reap rewards during the COVID-19 pandemic when others were suffering from lack of demand. With its […]
In Illinois, Reuters reports that farmrs, technology providers and agribusinesses alike are looking for alternatives to soybean for biofuel feedstock with covercress, carinata and camelina currently the most promising. The challenge for those crops, especially or even in the face of soaring soybean prices, is scaling up in time to take advantage of those high […]
In Illinois, Bloomberg is trying to spark concerns about another potential food vs. fuel debate, linking the growing demand for biofuels with the recent high prices seen in corn and soybean especially but also palm oil and sugar. JPMorgan estimates that if all renewable diesel projects come online as planned by 2024, production would increase […]
