Recent developments in Indonesia, India, and Sweden highlight significant shifts in the global vegetable oil and renewable energy sectors, driven by unique economic and environmental goals.
September 22, 2024
Neste, the Finnish refiner, has downgraded its forecast for the biofuel sector, resulting in a significant 10% decline in its share price.
September 15, 2024
The US Department of Agriculture is advocating for relaxed tax credit requirements for crops used in renewable fuel production.
August 18, 2024
Delek, a US independent refiner, has temporarily closed three biodiesel facilities located in Texas, Arkansas, and Mississippi, which together produced 2.6 b/d of biodiesel from various feedstocks.
August 11, 2024
US lawmakers are urging the Biden administration to address concerns regarding the import of used cooking oil (UCO) from China and other foreign feedstocks for biofuels.
August 03, 2024
US biofuel production is undergoing significant changes due to the increasing importation of waste-based feedstocks.
July 28, 2024
The biofuels market faces significant challenges due to oversupply, but tougher mandates promise a more positive long-term outlook, according to Dutch storage firm Royal Vopak.
July 28, 2024
The UK energy major has thrown a wrench into its green ambitions by temporarily halting construction of its highly anticipated biofuels facility in Rotterdam, Netherlands.
July 06, 2024
US independent refiner Phillips 66 and integrated major ExxonMobil navigate California's renewable fuel landscape differently.
June 29, 2024
bp has reached an agreement to acquire Bunge’s 50% stake in bp Bunge Bioenergia S.A., valued at approximately $1.4B.
June 23, 2024