In India, the Hindu Business Line reports that new higher prices for ethanol made from rice and corn have been approved and are about to be rolled out in an effort to help reach 12% ethanol blending nationwide, yet the government recently retracted its approval for ethanol from rice due to food security concerns. Supply […]
In Kerala, India two brothers have launched a startup to commercialize tableware from rice farming waste. Rishabh and Rohan Suri were inspired to found Qudrat after Rishabh repeatedly encountered trash while surfing at popular Kovalam Beach. “Surfing is already a difficult sport,” Rishabh told The Better India. “While practicing, often, a paper or plastic cup […]
In Texas, new technology developed by Rice University engineers could lower the cost of capturing carbon dioxide from all types of emissions, a potential game-changer for both industries looking to adapt to evolving greenhouse gas standards and for the emergent energy-transition economy. According to a study published in Nature, the system can directly remove carbon […]
In Washington, Hydrocarbon Engineering reports Energy Information Administration data shows rising feedstock prices for biofuel have helped to stop the freefall of RIN prices that started to take place following the publication of Environmental Protection Agency’s lower-than-hoped-for RFS blending mandates last month. On Tuesday, biomass-based diesel D6 RINs closed at $1.54/gal and ethanol D4 RINs […]
In Italy, the Corriere Della Sera newspaper reports the Antitrust authority has launched an investigation against Eni, Esso Italiana, Saras, Kuwait Petroleum Italia, Tamoil Italia (which also owns Repsol Italia), Italiana Petroli and Iplom for allegedly colluding on biofuel prices, implemented through the publication of information on Staffetta Quotidiana. This was announced by Staffetta itself, […]
In Germany, Reuters reported that German biofuel producer CropEnergies recorded a drop in first-quarter core profit, hit by softer ethanol prices and lower production due to maintenance shutdowns. The company’s Ebitda fell 74% to $27.2 million in the second quarter, compared to the same period last year. CropEnergies, which makes ethanol and animal feed from […]
In the UK, City A.M reported that the head of Boeing, David Calhoun, has warned that new sustainable biofuels will “never achieve the price of jet fuel.” However, Calhoun said he believes sustainable aviation fuels have the potential to become more economical. “I don’t think we will ever achieve the price of Jet A. I […]
In Washington, Natural Gas Intel reports that renewable natural gas production has grown dramatically recently in the US but that its future still remains uncertain due to an unclear regulatory and pricing landscape. In March, the equivalent of 116 million gallons of RNG was produced, creating RINs, an increase of 19% on the year and […]
In Brazil, Reuters reports that Petrobras’ latest shift to gasoline prices has forced the gap between sugar and ethanol prices to 11.34 cents per pound, according to Czarnikow data, the highest in 12 years. Sugarcane mills are already pumping out as much sugar as possible thanks to unusually hight global sugar prices, so Petrobras’ move […]
In Argentina, Infobae reported that the Argentine government increased domestic prices of biodiesel for blending with diesel. The Ministry of Economy’s energy secretariat set the price of biodiesel for May at 307,226 Argentine pesos ($1,349) per ton, up from 294,430 pesos previously, the government said. The new prices are effective immediately. Biofuel prices are periodically […]
