Indonesia’s Energy and Mineral Resources Minister signed a decree on Friday allocating 15.6 million kiloliters of biodiesel for 2025 and asking the industry to adjust to a higher percentage of the blend by the end of next month. “The ministerial regulation has been signed,” Minister Bahlil Lahadalia told reporters, revealing that the government plans to […]
The National Renewable Energy Laboratory (NREL), with support from the U.S. Department of Energy’s (DOE) Bioenergy Technologies Office (BETO), recently released the report Sustainable Aviation Fuel Blending and Logistics. The report, which is the result of ongoing collaboration between NREL researchers and aviation industry stakeholders, provides information and recommendations on effective petroleum jet fuel (Jet […]
Malaysian palm oil futures fell sharply on Thursday (Jan. 2) due to the delay of Indonesia’s B40 biodiesel program, which created uncertainty in the market and triggered a wave of selling. Indonesia was scheduled to implement a higher percentage of mandatory biodiesel blending program (B40) on January 1, 2025, but the program was not implemented […]
The recent reversal of the upward trend in palm oil prices could affect Indonesia’s B40 biodiesel policy, which is scheduled to be introduced in January 2025, according to MAS. High palm oil prices have weakened Indonesia’s export competitiveness, leading to lower revenues from export taxes, a key source used to subsidize domestic biodiesel prices. In […]
The Minister of Energy and Mineral Resources, Balil Rahadarya, recently stated that the Government of Indonesia will not only emphasize the independence of oil and gas in achieving energy self-sufficiency, but will also vigorously promote the development of renewable energy. He emphasized that Indonesia aims to be a country that achieves independence in both conventional […]
Brazil is significantly increasing its soybean processing capacity to meet biodiesel demand. Driven by the “Future Fuels” law, by 2027, the vegetable oil content of biodiesel will increase from 14% to 17%, driving a 34% surge in soybean oil demand. Biodiesel consumption is expected to increase from 9.3 billion liters in 2024 to 12.3 billion […]
The Jakarta Post reports that the Indonesian Palm Oil Association (Gapki) is expressing concerns over a new 10% levy on crude palm oil exports, up from the previous 7.5%. This increase is expected to significantly reduce exports. The higher levy is intended to fund subsidies for the B40 blending mandate set to take effect in […]
The East African newspaper reports that African airlines are protesting the European Commission’s new regulations requiring them to use sustainable aviation fuel (SAF) when departing from European airports. They argue that the high cost of SAF could drive them out of business. Smaller carriers, such as Uganda Airlines and Air Tanzania, which are set to […]
Portugal’s Galp Energia, which operates as an oil producer and refiner, expects to start producing biodiesel and biojet fuel from waste in an industrial-scale unit to be built at its Sinesh refinery in 2026, Reuters said on Thursday, citing a statement from the company. Last year, Galp formed a joint venture with Japan’s Mitsui, each […]
By 2025, Europe’s demand for Hydrotreated Vegetable Oil (HVO) or renewable diesel is expected to grow significantly, driven by two key factors: 1.Stricter Renewable Energy Mandates: Increased mandatory requirements for renewable energy use in the transportation sector are set to drive sustained demand for HVO. 2.Policy Changes in EU Member States: Adjustments to renewable fuel […]