In Washington state, the Tri-State Herald reports Tidewater Terminals has opened its $6.1 million biodiesel hub at its Snake River facilities. Thanks to a $3.1 million HIIP USDA grant, the facility will provide biodiesel and ethanol for custom blending to serve markets in Eastern Washington, Eastern Oregon and Northern Idaho. BNSF Railway as well as […]
In Malaysia, Bloomberg reports that palm oil futures slid back from six month highs on Monday as crude oil prices retreated following an uneventful report from China that was widely thought to boost demand that then weighed on soybean oil prices in the US and China. Even though prices fell off for palm oil, their […]
In Spain, Repsol has started supplying liquefied biomethane (bio-LNG) to Brittany Ferries’ LNG-fuelled vessels Salamanca and Santoña at the LNG-bunkering terminal in Santander (Spain). This is the first test of its kind for the two companies, consisting of the supply three truck-loads, totalling 60 tons of bio-LNG, and it is the first supply of its […]
In France, the International Energy Agency’s most recent Renewables 2024 report says meeting international climate goals would require not only accelerating the rollout of renewable power, but also significantly speeding up the adoption of sustainable biofuels, biogases, hydrogen and e-fuels, the report notes. Since these fuels remain more expensive than their fossil counterparts, their share […]
In Malaysia, Bloomberg reports the Bursa is contemplating adding used cooking oil futures to compliment palm oil futures for hedging in the biodiesel market. Contract specification that have been shared with industry representatives show that proposed UCO futures contracts would be US dollar denominated, cash-settled, and priced against the FOB Straits assessment for used cooking […]
In Alabama, the Oil & Gas Journal reports Vertex Energy has become the first flexible refinery to pivot its renewable diesel hydrocracker back to processing petroleum on the back of high renewable diesel supplies in the market. It relaunched the hydrocracker on Oct. 9 after having announced the turn around back in May. The relaunch […]
In the Netherlands, Avantium has been awarded a €3.5 million grant from the EU Horizon Europe program for its participation in the research and development program ICONIC. The ICONIC program aims to convert CO2 into formic acid, a key ingredient for sustainable protein production. The €3.5 million grant will be paid out in tranches to […]
In India, the government has advanced its target for 20% blending to 2025, reinforcing its commitment to sustainable energy. The Minister of Petroleum and Natural Gas says discussions have already started to develop a roadmap for the future, post the attainment of the 20% blending target. This roadmap will guide the country’s next steps in […]
In Brazil, Novacana reports Geo bio gas&carbon and Brazil-Germany Cooperation for Sustainable Development signed on Tuesday a partnership for the development of the first plant in Brazil for the production of sustainable aviation fuel (SAF) from biogas. The objective is to develop, on a commercial scale, a sustainable production model that uses biomass waste as […]
In Washington, Reuters reports record ethanol exports saw stocks dip last week despite strong production, helping to offset record production that is taking advantage of cheap corn and low natural gas prices. Ethanol producers are reaping in hefty crush margins as a result despite gasoline demand not having yet returned to pre-pandemic levels. Census data […]
