Category: Fuels

UCO market could be in deficit by H2 2023 due to drought and HVO demand

UCO market could be in deficit by H2 2023 due to drought and HVO demand

March 22, 2023 |

In Germany, Bloomberg reports that increasing demand for used cooking oil for biofuels together with ongoing drought in key oilseed countries such as Argentina have led Oil World to predict that the global UCO market will be in deficit by the second half of the year. Lack of UCO availability is likely to increase palm […]

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Ethanol production slips below 1M barrels per day

Ethanol production slips below 1M barrels per day

March 22, 2023 |

In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production have eased below 1 million barrels per day to 997,000 barrels per day last week, the lowest level seen in 10 weeks. Stocks followed production lower, moving away from the nearly one year high it was at week prior to 26.188 million […]

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BioTown Biogas activates new digester and processing facility in Indiana

BioTown Biogas activates new digester and processing facility in Indiana

March 22, 2023 |

In Indiana, BioTown Biogas activated its new digester and processing facility, one of the largest on-farm biodigesters in the world. The activation was marked by an on-site commissioning ceremony and ribbon cutting, to be attended by Indiana Lieutenant Governor Suzanne Crouch and other elected and business leaders. BTB sources food waste, dairy manure, beef manure, […]

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DOE announces $14M to optimize production of affordable biofuels and biochemicals

DOE announces $14M to optimize production of affordable biofuels and biochemicals

March 22, 2023 |

In Washington, the Department of Energy announced $14 million in funding to support and optimize the production of affordable biofuels and biochemicals while significantly reducing carbon emissions. This funding will advance the Biden-Harris administration’s goals to address the climate crisis by building a clean and equitable energy economy and driving innovation in renewable energy and […]

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Argus extends its Argus Open Markets to include UCO and UCOME in Asia-Pacific

Argus extends its Argus Open Markets to include UCO and UCOME in Asia-Pacific

March 22, 2023 |

In Singapore, Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to include used cooking oil (UCO) and used cooking oil methyl ester (UCOME) prices in Asia-Pacific. The Asia-Pacific UCO and UCOME markets are growing quickly as stricter emissions reduction targets around the world drive rising demand for renewable feedstocks and […]

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Conexus Baltic Grid to connect biomethane into gas transmission system

Conexus Baltic Grid to connect biomethane into gas transmission system

March 22, 2023 |

In Latvia, with the aim to promote biomethane production and its free circulation in Latvia, the unified natural gas transmission and storage system operator AS Conexus Baltic Grid (Conexus) has developed a unique solution in the Baltics, allowing biomethane producers to deliver biomethane to a centralised biomethane entry point using special mobile gas containers to […]

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AgTech OS to look for new biodiesel site following community opposition

AgTech OS to look for new biodiesel site following community opposition

March 22, 2023 |

In Washington state, AgTech OS Inc. has decided to seek an alternate location for their proposed biodiesel operation and will not occupy the site proposed by the Port of Whitman near US 195 and SW Old Wawawai Road in Pullman, WA.  The Port of Whitman voted on March 2nd to move ahead with their plan […]

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EQTEC conditionally raises $4.27M through placement

EQTEC conditionally raises $4.27M through placement

March 21, 2023 |

In the UK, EQTEC plc has conditionally raised c. £3.5 million before expenses, by way of a placing via direct subscriptions with the company by institutional and other investors of units at a price of 0.22 pence per unit. Each unit comprises one new ordinary share of €0.001 each in the company and one half […]

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Phase 2 of study shows Iowa farm income could fall by $1B annually without CCS pipeline

Phase 2 of study shows Iowa farm income could fall by $1B annually without CCS pipeline

March 21, 2023 |

In Iowa, Decision Innovation Solutions (DIS) released phase two of its deep dive into the ramifications if Iowa prevents carbon capture and sequestration (CCS) projects from moving forward, finding that farm income could drop by more than $1 billion annually. The study found corn leaving Iowa without added value would jump from 6% to 44% […]

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Tidewater Terminal Company scores $3M USDA matching funds for Tri-Cities project

Tidewater Terminal Company scores $3M USDA matching funds for Tri-Cities project

March 21, 2023 |

In Washington state, Tidewater Terminal Company has been awarded a $3,072,696 in federal matching funds to complete their Clean Energy Transition Project and establish a major new biodiesel distribution hub in the Tri-Cities, making biodiesel more available for eastern Washington farmers. The grant was awarded through the U.S. Department of Agriculture’s (USDA) Higher Blends Infrastructure […]

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