The dollar pushed higher on renewed concerns about euro-zone debt, then trimmed its gains as investors moved back into riskier assets. The... »
The U.S. biofuels industry has been lacking a strategy for development, Agriculture Secretary Tom Vilsack says. The industry offers an "amazing opportunity" to create jobs and reduce imports of foreign oil but »
Brazil's Sugarcane Industries Association, or Unica, said Thursday that ethanol prices shouldn't plunge to BRL0.60 Brazilian reals ($0.34) a liter this year. Antonio de Padua Ribeiro, Unica's technical director, said that current ethanol prices in Brazil's main »
The advanced-biofuel industry is pressing Congress to approve a 30% investment tax credit that it says is needed to help jump-start production necessary to meet a national renewable-fuel mandate. »
Marambaia Energia Renovavel, an investor in energy companies in Brazil's agriculture sector, is eying five sugar and ethanol mills belonging to cash-strapped Grupo J Pessoa, local newspaper Valor Economico reported on Tuesday. »
Brazil's ethanol exports plunged to 21.4 million liters in February from 118.5 million liters in February 2009, the Foreign Trade Ministry said Monday. The ministry said Brazil's ethanol export volume was 152.9 million liters in January. »
Ethanol prices continued to slide last week in Brazil's Sao Paulo state ahead of the coming 2010-11 sugarcane harvest and a growing supply of the alternative fuel. Prices have been falling on an imminent supply of new ethanol as mills »
Brazilian state-run oil company Petroleo Brasileiro (PBR) began work on raising capacity at its Candeias biodiesel plant Monday. Petrobras, as the company is known, aims to double capacity to 217.2 million liters a year from its current »
Makers of cellulosic ethanol warn that ambitious U.S. government goals to significantly boost production of the technologically advanced fuel over the next 12 years won't be met without stronger backing from Washington. On Feb. 3, the U.S. Environmental Protection Agency finalized a rule that will »
Spanish engineering and biofuels company Abengoa SA (ABG.MC) is aggressively expanding its global biofuel output, betting on a rapid rise in demand in the coming years, Javier Salgado, the head of biofuel unit Abengoa Energy, said in an interview. »
Colombian ethanol production in December was up 18% to 30.25 million liters, the Colombian Sugar Cane Producers Association, or Asocana, said Friday. This compares to total ethanol production in Colombia in December 2008 of 25.532 million liters, Asocana said in a report releasing final figures for the year. »
While few are venturing predictions on when--or if--the EPA will hike the ethanol blend rate from 10% to as much as 15%, an analyst says the decision might not have a big impact on ethanol production either way, at least initially. »
Portugal's third-largest biodiesel producer, Biovegetal, expects to boost output by 40 percent this year to cater for increased demand due to changes in European Union regulations. In an interview with Reuters, Chief Financial Officer Miguel Martin said the climate was now much more favourable now for »
Thailand has delayed the mandatory use of B3 biodiesel for all diesel-powered vehicles until March or April, Energy Minister Wannarat Charnnukul said Monday. The introduction of compulsory B3 biodiesel--a blend of 3% pure biofuel and 97% regular diesel--was delayed from last month because the ministry wasn't sure at »
The European Union's biofuels targets could increase the number of hungry people in the world, charity group ActionAid UK said Monday. ActionAid calculates that EU companies have plans for at least 5 million hectares of land in developing countries to be used for industrial biofuel production, mainly »
The soyoil-based biodiesel industry was shocked to learn that restoration of a $1-per-gallon tax incentive for producers has been cut from a jobs bill, National Biodiesel Board spokesman Michael Frohlich said Friday. There is still hope that the incentive, which is considered necessary for restarting »
Colombian ethanol production in the calendar year 2009 ended up 26%, at 326.274 million liters, the Colombian Sugar Cane Producers Association, or Asocana, said Thursday. This compares to total ethanol production in Colombia in 2008 of 259.748 million liters, »
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