Latest Energy Census News
After a dogged rise on the back of firmer crude values, diesel prices seemed to have settled into a rut with week-on-week changes for low sulphur diesel showing a modest $2/mt fall to $610/mt.
The draft version of the legislation detailing proposed changes to the UK's Renewable Transport Fuel Obligation has been presented in parliament, a spokesperson at the Department for Transport said Monday.
Prices for Year 10 and 11 certificates continued to face pressure, falling a further 0.2 p each to be assessed at 19.3 p/certificate and 19.5 p/certificate respectively taking it almost a penny above the theoretical value, according to Energy Census data.
The emirate Abu Dhabi expects to complete a facility by the end of this year that will recycle used cooking oil and transform it into biofuel.
CropEnergies, one of Europe’s biggest biofuels producers, increased its revenue by 20% to EUR679 million ($824 million) in the first three quarters of 2017, up from EUR565 million in the equivalent period in 2016 as it reaped the rewards of higher prices.
Sales of diesel cars have fallen in major car markets across Europe, data released since the New Year shows, a trend that may have to prompt a rethink on how much biodiesel will be consumed by the transport sector.
The European Parliament’s main political parties have proposed to cap the use of crop-based biofuels from 2021 to the levels consumed by individual member states in 2017, with thresholds in most major EU member states likely to be well below the 7% limit agreed by the EU Council in December.
Japan’s Ministry of Economy, Trade and Industry (METI) has started a public comment period on proposed changes that would allow imports of US corn ethanol for use in the production of bio-Ethyl tert-butyl ether, which is commonly used as an oxygenate gasoline additive.
Malaysian palm oil producers have launched a high-profile media and lobbying campaign – including a pitch to German chancellor Angela Merkel – against EU proposals to exclude the commodity from the bloc's revised Renewable Energy Directive (RED).
The arrival of 2018 heaped fresh pressure on Year 10 and Year 11 certificates as a perfect storm of legislative inertia, rising mineral energy prices and cold weather continued to harry prices.
UK sales of new diesel cars will likely plunge further this year as environmental concerns, emissions testing scandals and uncertainty about future regulation will give biofuels producers plenty to think about in 2018.
The province of Ontario in Canada has published a proposal to double the volume of ethanol blended in gasoline to 10% from 5% in a bid to cut consumption of fossil fuels and emissions.
Italian oil and gas company Eni, one of the country’s biggest employers, has signed an agreement to collect and treat more used oil from the homes of its workers.
Pressure on European biodiesel prices has undermined the values for the UK’s renewable transport fuel certificates (RTFC) as the biofuel’s relatively low price has seen market sources turning to the fuel rather than buying certificates to cover their renewable obligations, market sources said Friday.
Plans to introduce new EU thresholds on the use of crop-based biofuels in transport from 2021 will likely require backroom deals between European politicians later this year as a European Parliament plenary vote in mid-January isn’t expected to deliver a clear decision from lawmakers.
The US Environmental Protection Agency has proposed that sorghum, a fast growing, high-calorific crop, be mandated for use under the country’s Renewable Fuel Standard, in a move that could displace other biofuels.
The UK could add as much as 180 TWh of biomethane production by 2050 to help tackle carbon emissions in both transportation and domestic heating, delegates at the Renewable Energy Association’s Biomethane as a Transport Fuel conference were told Thursday.
Leftover waste from manufacturing Greek yoghurt can be used to produce biofuels and reduce carbon emissions, a new study has said.
Neste, a Finland-based oil company and supplier of renewable fuels, is considering additional production capacity for renewable diesel, renewable aviation fuel and raw materials for various biochemicals in Singapore, where the company currently has capacity.