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Biofuels

Indonesia's biodiesel policy, dry weather to keep palm oil prices elevated

Indonesia's biodiesel policy and the likely emergence of the El Nino weather pattern could further strain global inventories of the most used cooking oil, lifting prices later this year, leading industry officials and analysts said.

Al Khalifa maps out the future of Bahrain's energy vision

His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty’s Representative for Humanitarian Works and Youth Affairs, Chairman of The Oil and Gas Holding Company B.S.C. addressed the world’s energy leaders in a keynote speech at CERAWeek 2023 by S&P Global where he spoke about the Kingdom of Bahrain’s energy transition and the future of global energy.

U.S. policy is conducive for new investments in energy transition said Repsol's CEO

The U.S, is attracting investment in renewables, hydrogen, biofuels, etc. through new legislation, while the EU's rules could deter investors, Repsol's CEO said at CERAweek.

Cepsa to invest more than $3.8 B in sustainable energy/mobility by 2027

Spanish oil and gas company Cepsa plans to nearly double its investments over the next three years to a total of 3.6 B euros ($3.82 B), with more than half of that amount going to sustainable energy and mobility.

Indonesia trying to create palm oil benchmark price

Indonesia, the world's biggest palm oil exporter, plans to require crude palm oil exports to go through a futures exchange to create the country's own benchmark price.

Germany has mixed feelings about EU ICE ban

German Transport Minister Volker Wissing called into question a bid by the European Union to ban new cars with internal combustion engines from 2035, saying the use of synthetic fuels should remain possible after the deadline.

U.S. EPA's proposal would allow a higher ethanol blend in Midwest states

The U.S. Environmental Protection Agency proposed a rule that would allow sales of gasoline with a higher ethanol blend in certain U.S. Midwest states.

Methanex-Mitsui complete first net-zero voyage fueled by bio-methanol

Methanex Corporation and Mitsui O.S.K. Lines, Ltd. announced the dual-fuel vessel “Cajun Sun” successfully completed the first-ever net-zero voyage fueled by bio-methanol.

First SAF-fueled helicopter flight takes place in Australia

Neste, Airbus, Safran Engines and Microflite have jointly operated Australia’s first helicopter flights using sustainable aviation fuel (SAF).

Brazil to resume taxes on fuels

The Brazilian government is set to resume the collection of federal taxes on fuels this week, the Finance Ministry said on Monday.