Tag: biofuel

Ribbon cutting to be held Monday at Southern Oil’s new advanced biofuels lab

Ribbon cutting to be held Monday at Southern Oil’s new advanced biofuels lab

December 8, 2016 |

In Australia, the small business minister is set to attend Southern Oil’s ribbon cutting ceremony on Monday where the company’s new $4 million advanced biofuels lab in Gladstone, Queensland will be officially opened. The lab is part of a wider $16 million investment in an advanced biofuels pilot plant that was announced earlier this year […]

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REA says UK proposal for biofuels will condemn the domestic industry

REA says UK proposal for biofuels will condemn the domestic industry

December 6, 2016 |

In the UK, the Renewable Energy Agency says the 2030 clean transport proposals outlined by the Department for Transport and currently open for public consultation proposes capping fuel crops to below EU levels, risking existing UK plants and supply chain. The consultation introduces new sub-target for development fuels such as biomethane, hydrogen and aviation fuels. […]

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Cuba may begin to look at biofuels post-Fidel

Cuba may begin to look at biofuels post-Fidel

December 5, 2016 |

In Cuba, following the death of Fidel Castro who was a major opponent of biofuels due to his understanding of food versus fuel, the country is starting to look at opportunities to engage its sugarcane industry for ethanol and perhaps second-generation ethanol along with the use of other crops like sweet sorghum. The question of […]

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EU pits conventional biofuels against advanced biofuels in new 2030 policy

EU pits conventional biofuels against advanced biofuels in new 2030 policy

November 30, 2016 |

In Belgium, Novozymes came out swinging against the European Commission’s 2030 biofuels proposals, saying it’s a move backwards rather than forward, while the Leaders of Sustainable Biofuels from Clariant to Dong Energy welcomed the policy, especially it’s binding target for advanced biofuels. The policy proposal would limit first generation biofuels to 3.8% by 2030 while […]

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Nigeria preparing to release major $100 billion biofuel incentive scheme

Nigeria preparing to release major $100 billion biofuel incentive scheme

November 10, 2016 |

In Nigeria, the government is finalizing a biofuels promotion policy that includes incentives and financing of up to $100 billion in equity to jumpstart the biofuels industry in the country. A long list of tax breaks has been developed for would-be biofuel developers, providing them with “pioneer” status that sets them up for incentives. In […]

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Valero Energy cuts costs by $2 billion while complaining of biofuel blending costs of $198 million

Valero Energy cuts costs by $2 billion while complaining of biofuel blending costs of $198 million

October 25, 2016 |

In Texas, Valero Energy said during its third quarter financial reporting that costs and expenses fell 8%, about $2 billion, despite its biofuel blending costs doubling to $198 million. For the full year, the company expects costs to be between $750 million and $850 million, unchanged from its last estimate. High fuel inventories are squeezing […]

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Nigeria all in for biofuel future

Nigeria all in for biofuel future

October 18, 2016 |

In Nigeria, development of a domestic biofuel industry is a priority of the new president, following the previous president’s decision to put biofuels on the backburner. A special advisor to the president told the World Energy Congress the country will now push for a more aggressive uptake of biofuels through the Nigerian National Petroleum Company’s […]

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Florida county makes good on stronger regulations for biofuel producers

Florida county makes good on stronger regulations for biofuel producers

October 18, 2016 |

In Florida, in response to Viesel Fuel’s fire last year, Martin County is following through with its commitment to strengthen regulation of biodiesel plants in its jurisdiction by limiting where biofuel producers can locate, requiring certain distances between them and residential areas, and other new rules. The County Commissioners are set to vote on the […]

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Kuwait biofuel plant aims to export to EU and US

Kuwait biofuel plant aims to export to EU and US

September 28, 2016 |

In Kuwait, the Mina Al-Ahmadi biofuel plant has its sights on the European and US markets for exporting the fuel it will produce when online in 2018. The facility is about 65% completed and should produce 800,000 barrels of biofuels per day at full production capacity. The fuel will seek compliance with European environmental standards […]

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Nordic countries look to create regional biofuel blending mandates through 2030

Nordic countries look to create regional biofuel blending mandates through 2030

September 27, 2016 |

In Finland, the country is encouraging its neighbors in the Nordic region to raise their bets on biofuels by creating a regional blending mandate of 20%, double the European Union’s mandate for 2020 that has no specific target through to 2030. The plan goes beyond the 20% mandate with a proposal for 40% by 2030. […]

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