In Indiana, Corteva announced a collaboration with bp on the companies’ shared intent to form a crop-based biofuel feedstock joint venture. The JV would produce and deliver crop-based biofuel feedstocks to help meet the anticipated growth in demand for SAF. Corteva and bp have executed a non-binding memorandum of understanding, with the intent of forming […]
In Japan, ORIX Corporation announced that it will conduct a sea trial using biofuel for ship operations in the ORIX-owned vessel currently chartered by Dampskibsselskabet NORDEN A/S. This is the first time for ORIX to use biofuels in the owned vessel, the firm said. The sea trial will use a fuel composed of a mix […]
In Germany, Platts reports over supply in the biofuels market has led the government to block companies from rolling over their greenhouse gas emissions tickets in 2025 and 2026 in an effort to encourage production. Companies will now be required to use certificates produced in the same year as the compliance requirements rather than the […]
This presentation deck is an overview for Aequor, a company specializing in innovative solutions to address challenges in the burgeoning field of algae biofuels. Aequor’s core product is a natural, non-toxic chemical that overcomes several key obstacles to widespread algae cultivation and biofuel production. The presentation deck emphasizes the company’s unique ability to disperse clumping […]
In Singapore, Ship & Bunker reports, the Port of Singapore has overtaken Rotterdam as the world’s largest biofuel bunker port in the third quarter of this year, driven by a 67.5% rise in sales to 227,000 metric tons, surpassing Rotterdam’s 137,175 metric tons. Ronald Backers, the Port of Rotterdam’s head of liquid bulk business intelligence, […]
In Norway, local airline Norwegian reported that the first use of biofuel for the defense sector’s business trips with Norwegian was marked at Ålesund Airport Vigra. Norwegian said it will blend 15% biofuel on over 1 million business trips until 2028. The agreement is the largest of its kind in Norwegian history, and most likely […]
In Brazil, Grupo Potencial announced an investment of R$3 billion in biofuel projects, reinforcing its commitment to innovation and sustainability in the energy sector. The announcement was made Tuesday during the signing ceremony of the Fuel of the Future Law, in Brasília, by President Luiz Inácio Lula da Silva. This new legislation aims to boost […]
In Belgium, the European Commission has approved a €500 million aid scheme to support investments in new biofuel production capacities. The scheme was approved under Temporary crisis and transition framework (TCTF) for State aid measures, adopted by the Commission at March 9, 2023 and modified to November 20, 2023 and to May 2, 2024. Under […]
In Brazil, mathematical analysis reveals that within Brazil’s agriculture and livestock industry, the biofuels sector is most heavily reliant on other sectors with high greenhouse gas emissions. Brazil is a world leader in biofuel production, but the environmental sustainability of the sector has faced criticism due to its impacts on deforestation, water use, and biodiversity, […]
In the UK, Argus Media reports Landwärme, a prominent German supplier of biomethane, has declared insolvency amidst a dramatic plunge in the prices of greenhouse gas emission reduction quotas. Opting for self-administration, akin to America’s Chapter 11, the company seeks to restructure under its own aegis while continuing operations. This decision stems from a market […]
