News
Quantum Energy and its subsidiary FTPM Resources have entered a non-binding memorandum of understanding (MOU) with a targeted company that designs, manufactures, operates and sells modular biorefineries.
The patented biorefineries are available in one million, two million and five million gallon per year capacities and produce alternative liquid biofuels from organic waste streams.
According to…
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The US Environmental Protection Agency (EPA) has proposed an increase in the volume of biofuels that refiners must blend into fuel they produce for 2020, Reuters reports.
The agency has proposed an increase to 20.04 billion gallons per year for 2020, up from current levels of 19.92 billion gallons this year.
According to Reuters, who spoke to sources familiar with the matter, the proposed mandate…
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Clean energy company Khmelnytsky Biofuel Power Plant has announced plans to construct a 130 MW biofuel power plant in the Khmelnytsky region of Ukraine.
A report in the Ukrainian environmental impact assessment (EIA) register stated that the biofuels facility will use 270,000 tonnes of straw annually to fuel the power plant, according to Interfax Ukraine.
The facility will be built on 16 hectares…
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German biofuels producer VERBIO Vereinigte BioEnergie has reported a 143% year-on-year EBITDA increase for the first nine months of the 2018/2019 financial year, driven by increased production volumes of biodiesel and biomethane.
According to the company, earnings before interest, taxation, depreciation and amortisation (EBITDA) for the nine-month period were €84.4 million, an increase of…
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Multinational oil and gas corporation ExxonMobil has committed to investing up to $100 million (€89.3 million) over a ten-year period into the research and development of lower emissions technologies, including biofuels.
Through collaborations with the US Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory, ExxonMobil will seek…
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Lecturers from Loughborough University in the UK have been awarded £200,000 from the Department for Transport (DfT) for research into the development of sustainable bioenergy systems.
The grant has been granted to Dr Jin Xuan, senior lecturer in low carbon processes, Dr Tanja Radu, lecturer in water engineering, and Dr Jonathan Wagner, lecturer in chemical engineering.
It will cover two…
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A group of 35 members of the US House of Representatives has written to US Environmental Protection Agency (EPA) administrator Andrew Wheeler to request the agency stop granting small refinery exemptions (SREs) for large or unqualified refiners under the Renewable Fuel Standard (RFS).
The bipartisan letter, which was authored by Representatives Cindy Axne (D-Iowa) and Adrian Smith (R-Nebraska),…
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Renewable diesel producer Neste has announced that its MY Renewable Jet Fuel has been recognised for its role in reducing black carbon emissions.
The fuel was crowned winner in the category for solutions reducing black carbon emissions, as part of a competition designed to find effective ways to reduce black carbon emissions.
According to the release, the competition was organised by the Climate…
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Biodiesel producer Renewable Energy Group (REG) has entered a partnership with Broco Oil Company to provide clean fuel options to heating oil dealers in the northeast of the US.
Under the partnership, the two companies will collaborate on a biodiesel blending facility in Haverhill, Massachusetts.
“We are thrilled to be partnering with a biofuels producer like REG to continue to grow our…
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Biofuel producer Aemetis has announced that its Indian subsidiary, Universal Biofuels India, has won a biodiesel supply contract with three government-owned oil marketing companies.
Awarded under a public tender process, the contract covers the ongoing supply of biodiesel to a number of locations, totalling no more than $23 million (€20.5 million) during 2019.
According to Aemetis, shipments…
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According to a release from industry association Growth Energy, the US state of New Mexico has become the 31st state to offer consumers the E15 ethanol fuel blend at fuel stations.
The Murphy USA station in Albuquerque has joined the nearly 1,800 locations across the US that offer the fuel, which is blended with 15% renewable ethanol.
Known to consumers as Unleaded 88, E15 fuel helps drivers to…
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Biofuels producer VERBIO Diesel Canada has agreed to purchase a biodiesel plant in Canada from Atlantic Biodiesel.
The plant, which has an annual production capacity of 150,000 tonnes of biodiesel and 18,000 tonnes of raw glycerin, is located in Dain City, Ontario.
The deal is expected to close by the middle of 2019, pending certain conditions.
According to VERBIO, the purchase is part of its…
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Valero Energy has released its first quarter 2019 results, announcing net income of $141 million (€126 million) for the first three months of the year.
This was down from $469 million for the same quarter last year.
“Investments to increase our system’s flexibility and the team’s relentless focus on safety enabled us to capture good margins in an otherwise weak margin…
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US-based KATZEN International has agreed to design a corn-based fuel ethanol plant in Brazil for Ethanol S. A. Bioenergia.
The plant, which will be located in the Nova Mutum, Mato Grosso region of the South American country, broke ground earlier this month.
The Ethanol S. A. Bioenergia facility is a joint venture project between Grupo O+ Participações and Grupo Infiniti.
According…
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The EU is committed to carbon neutrality by the middle of the century, but long-term objectives require ambitious action today. The clean energy and climate package, including a set of legislations to ensure the EU is on track to reduce greenhouse gas (GHG) emissions by at least 40% by 2030, have now all been adopted. An important legislation is the Effort Sharing Regulation (ESR), which obliges…
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