KKR to acquire additional 5% stake in Eni Group’s biofuels business
On February 18th, US investment firm KKR announced that it had signed an agreement to acquire an additional 5% stake in Enilive (Eni Group’s…
Biodiesel
Brazil to maintain biodiesel blending at 14 percent
According to the news, Brazil’s National Energy Commission (CNE) has decided that the mandatory blending of biodiesel in diesel fuel will remain at 14%…
Pro-Biofuels Rawlings Elected USDA Secretary
On February 13, the U.S. Senate approved the nomination of Brooke Rawlings to be Secretary of Agriculture by a vote of 72 to 28.…
EU finalizes decision to impose anti-dumping duties on biodiesel and initiates monitoring of sustainable aviation fuel (SAF) imports
The European Commission has finalized its decision to impose anti-dumping duties on Chinese imports of biodiesel and renewable diesel and has begun tracking imports…
Building an ASEAN Biofuel Storage and Export Center
On February 7, BAC Renewable Energy (BAC RE) officially signed a Memorandum of Understanding (MOA) with Dovechem Group of Singapore and TLP Terminals (TLPT),…
FutureFuel Announces Overhaul to Continue Through February 2025
(NYSE: FF) (“FutureFuel” or the “Company”), a manufacturer of custom and performance chemicals and biofuels, today announced certain matters relating to its biodiesel production.…
Petrobras B24 Receives ISCC EU RED Certification
January 31 – Petrobras has received the international ISCC EU RED certification for the commercialization of renewable-content marine fuels at the Rio Grande Terminal…
Indonesia has resumed disbursement of funds for biodiesel and palm replanting
On January 22, Achmad Maulizal, an official of the Indonesian Plantation Fund Authority (formerly the Palm Oil Fund Agency), said the agency has resumed…
Investing $1.2 Billion, Building Raw Material Factories, Preparing for B40
Energy and Mineral Resources Minister Bahlil Lahadalia has announced that the $1.2 billion biodiesel raw material plant will be built entirely with domestic investment,…
Supplying Marine Biodiesel to Singapore Cruise Ships
Neste and KPI OceanConnect recently partnered with Global Energy to supply Neste MY renewable diesel to Singapore’s marine sector for operational deliveries in Singapore…