In Brazil, Reuters reported that Brazilian state-run oil company Petrobras is in talks with Raizen, BP and Inpasa for a possible joint venture in ethanol. Petrobras is in talks with four or five firms in the ethanol business, Chief Executive Magda Chambriard told analysts on Friday during a call to present the company’s $111-billion strategic […]
In Tennessee, Oak Ridge National Laboratory reported that startup firm Terragia Biofuels is targeting commercial biofuels production using technology developed by researchers working with the Center for Bioenergy Innovation at the Department of Energy’s Oak Ridge National Laboratory and Dartmouth College. New Hampshire-based Terragia plans to commercialize an approach that uses feedstocks such as plant-based […]
In Brazil, Zack’s reports Petrobras is exploring a return to ethanol production having previously divested its assets to reduce its debt load. Currently Petrobras is in discussions with Raízen, BP plc BP and Inpasa to make a quick re-entry into the ethanol market as part of its $111 billion strategic plan for 2025-2029, going big […]
In India, S&P Global reported that the Indian government may push for sweet sorghum as an alternative to sugarcane to diversify ethanol feedstocks, amid ongoing volatility in sugarcane availability, according to an official from the Indian Institute of Millets Research. The official noted that the government prefers sweet sorghum as an additional feedstock for biofuel, […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production fell slightly to 1.11 million barrels per day but the four-week average remains a record high of 1.1 million bpd. As a result, stocks are finally building back up, reaching a seven-week high last week of 22.563 million barrels, more than half […]
In California, Industrial Microbes (iMicrobes), a biomanufacturing company on a mission to accelerate the transition to sustainable materials, announced the successful completion of the first close of its seed round funding, bringing the company’s total investment to over $10M. The funding was led by First Bight Ventures, with participation from Universal Materials Incubator Co. (UMI). […]
In Washington, Dow Jones reports Energy Information Administration data shows ethanol production hit a new record last week at an average of 1.113 million barrels per day, up from the previous record set in July at 1.109 million bpd. As a results, stocks grew slightly to 22.04 million barrels. Crush margins continue to remain strong […]
In Brazil, a study recently published in the renowned journal Nature has revealed the benefits of Brazil’s second-crop corn ethanol production system, highlighting its harmony with the Sustainable Development Goals (SDGs). The research aimed to evaluate in a very careful way the socioeconomic and environmental impacts of the energy and food production system that is […]
In Washington, the Energy Information Administration says U.S. fuel ethanol exporters are on track to export a record amount of the fuel in 2024. The increase in exports this year has largely been driven by demand in countries with biofuel blending mandates and cheaper-than-usual U.S. fuel ethanol prices. In the first eight months of 2024, […]
In Washington, U.S. ethanol exports climbed 5% in September, reaching 148.5 million gallons (mg), with 70% of total shipments concentrated in just three primary markets. Canada retained its position as the top destination for the 42nd consecutive month, accounting for 44% of all U.S. ethanol exports. Exports to Canada rose 14% to a nine-month high of 64.9 mg, predominantly […]
