In Illinois, a comprehensive new study from S&P Global Energy finds expanded biofuel demand could transform American agriculture, reignite rural economies and provide global food and energy security. Commissioned by U.S. Farmers and Ranchers in Action (USFRA), the research, titled “Fueling Agriculture: Biofuels as the Catalyst,” offers a detailed, evidence-based assessment of agriculture’s future and […]
In Denmark, BIMCO has adopted a Biofuel Clause for Time Charter Parties to address legal and operational challenges as the use of low-carbon fuels in shipping increases. As the shipping industry decarbonises, regulatory frameworks reshape companies’ fuel strategies. The integration of biofuels into charter party agreements is complex, however, and often raises questions around fuel quality, […]
In the UK, the Serious Fraud Office secured a £96,000 confiscation order against Steven John Murphy, 50, after uncovering additional assets related to his role in a boiler-room fraud. The funds will go straight back to the public purse. Murphy was one of seven men who defrauded thousands of UK investors out of £8.2 million through an east-London registered but Spain-based sham biofuel company called Worldwide Bio Refineries (WBR). SFO investigators recently uncovered that Murphy […]
In the Netherlands, Fastmarkets reports European biofuel feedstock markets strengthened sharply as declining gasoil prices widened key feedstock-to-fuel spreads. Rapeseed oil recorded the largest increase, supported by limited old-crop supplies and strong demand for prompt deliveries. Palm oil and soybean oil spreads also widened as feedstock values remained firm despite weaker fuel markets. In the […]
In Florida, the owner of a company that produced and sold renewable fuel and fuel credits was sentenced to serve 18 months in prison followed by two years of supervised release, and to pay $2,857,029 in restitution and a $150,000 fine, for his role in a scheme that generated over $7 million in fraudulent Environmental […]
In Italy, across the Caribbean, Gulf of Mexico and West African coasts, massive arrivals of Sargassum seaweed have become an annual crisis. Thick mats of algae blanket beaches, disrupt fisheries, damage tourism and release harmful gases as they decay, with cleanup costs reaching hundreds of millions of dollars each year. What began as an unexpected […]
In Australia, Reuters reports the government is expediting a public consultation process that it plans to launch in the next few months that could lead to a biofuel blending mandate. The country’s largest farm lobbies have recently joined together to push the government to make the move in the face of rising fuel prices in […]
In the Netherlands, Fastmarkets has launched EN-BD-0084 Renewable Diesel, HVO (Crop), fob ARA, $/tonne; EN-BD-0085 Renewable Diesel, HVO (UCO), fob ARA, $/tonne; EN-BD-0086 Renewable Diesel, HVO (Tallow), fob ARA, $/tonne; and EN-BD-0087 Renewable Diesel, HVO (POME), fob ARA $/tonne. Fastmarkets has also launched EN-BD-0088 Renewable Diesel, HVO (Crop) premium to ULSD, fob ARA, $/tonne; EN-BD-0089 […]
In Romania, the Ministry of Energy has opened a public consultation regarding the State aid scheme to support investments in the production of biofuels, with a total estimated budget of EUR 500 million, with financing provided by the Modernization Fund, under the Key Programme no. 8: Alternative fuels – Support for the production of biofuels/biofuels. […]
In Brazil, ahead of the COP30 climate change negotiations, over 100 members of the global scientific community, including representatives from the Union of Concerned Scientists, have signed on to a letter calling on global leaders to limit a dangerous expansion of biofuels. The letter comes as Brazil seeks high-level support for a leaders’ pledge to quadruple […]
