Biofuels
Glencore unit to pay $27 million for biofuels compliance
Glencore’s bunker fuel unit has agreed to pay a $27 MM penalty and retire over $71 MM worth of credits for compliance with the US biofuels program to resolve charges it violated the policy.
Iowa State, Chevron team up to develop pilot plant, advance biofuel technology
Iowa State engineers are working with Chevron to develop a pilot plant and study an advanced biorenewables technology called solvent liquefaction.
Neste to co-chair EU initiative for advanced biofuels in aviation
Henrik Erämetsä, Head of Aviation Regulation at Neste, has been appointed Co-Chair of the EU initiative 'the European Advanced Biofuels Flightpath' as a representative of the biofuels industry.
Brazil's Petrobras to exit biofuels production
Brazil's state-controlled oil company Petróleo Brasileiro SA said it will exit the biofuels sector, as the heavily indebted company seeks to prioritize investment in crude oil and gas production.
Anglo American Platinum invests in Greyrock Energy
Anglo American Platinum Ltd. has invested in Greyrock Energy, Inc., a provider of small scale gas-to-liquids technology.
Peugeot and Citroën accept HVO-type renewable diesel
Peugeot and Citroën have accepted the use of fully fossil-free, HVO-type renewable diesel in passenger cars and vans.
Bill Gates, Total lead $14 MM investment in Renmatix for biorefinery technology
Bill Gates and Total have decided to invest $14 MM in Renmatix, a producer of cellulosic sugar technology used to create biofuels.
Indian Oil inks MOU with Praj for development of 2G ethanol
Indian Oil Corp. has selected Praj as its technology partner for setting up multiple 2nd-generation bio-ethanol plants based on indigenously developed technology.
Duonix Beatrice begins biodiesel production using ENSEL technology
Flint Hills Resources and Benefuel Inc. will startup the Duonix Beatrice biodiesel plant, the first commercial-scale application of Benefuel’s ENSEL technology.
Pacific Ethanol receives EPA approval for cellulosic ethanol production at Stockton plant
The US EPA has approved Pacific Ethanol’s registration for generating cellulosic ethanol and D3 cellulosic renewable identification numbers (RINs) at its Stockton, CA plant from corn fiber using Edeniq Inc.’s Pathway Technology.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
