KKR to acquire 25% stake in Eni’s biofuels unit for €2.9bn
Oct. 24,Italian energy group Eni said Thursday that U.S. fund KKR will buy a 25 percent stake in its biofuels unit Enilive for a…
Biodiesel
Vale Signs Agreement with Petrobras to Develop Renewable Diesel and B24 Biofuel
The Brazilian mining company Vale and Petrobras announced Oct. 18 the signing of a strategic-alliance agreement to supply products with a focus on competitiveness…
Biodiesel sea trial to be conducted on harbour craft in Singapore
Pinnacle Marine, NTU MESD, Weichai Singapore and China Classification Society will conduct a 1000-hour continuous run of pure FAME biodiesel in a newly built…
Four years of EU litigation over tariffs on Indonesian biodiesel ends
On 17 October, the European Biodiesel Board (EBB) secured a favourable judgement from the European Court of Justice (ECJ), which rejected the appeals of…
Norway Proposes Lower Biodiesel Tax
Currently, the Norwegian government is proposing to reduce the cost of biodiesel road use by 2025. The change in cost levels in the 2024…
US biodiesel exports exceed imports in August
The U.S. exported 81,957.1 metric tons of biodiesel and biodiesel blends of B30 and greater in August, according to data released by the USDA…
IEA predicts 20 per cent growth in renewable fuels by 2030
The International Energy Agency (IEA) released its annual Renewable Energy Market Report on 9 October, which for the first time includes a section dedicated…
Brazil’s President signs Fuel of the Future law
Brazil’s President Luiz Inácio Lula da Silva signed Oct. 8 the Fuel of the Future law, what the Brazilian government is calling “the largest…
US biodiesel exports exceed imports in August
The U.S. exported 81,957.1 metric tons of biodiesel and biodiesel blends of B30 and greater in August, according to data released by the USDA…
European Commission OKs Romania’s $550M aid scheme to boost biofuel investment
The European Commission has approved a €500 million aid scheme to support investments in new biofuel production capacities. The scheme was approved under Temporary…