On May 9, China Ship Fuel (CSF) successfully refilled 5,600 tons of bonded B24 biofuel oil for the vessel SALLY MAERSK at Guandong Terminal of Shanghai Yangshan Port, which set a new record for the amount of marine biofuel oil refilled at a single time in China.
Recently, U.S. Rep. Mike Carey, R-Ohio’s 15th District and a member of the House Fundraising Committee, and Rep. Mariannette Miller-Meeks, M.D., a Republican member of Iowa’s 1st District, co-sponsored a cross-party legislative proposal aimed at extending tax incentives for second-generation biofuels to further the development of the indigenous advanced biofuel industry. fuels to extend tax […]
SK Incheon Petrochemicals announced on April 30 that it has officially launched and started supplying B30 marine biofuel in response to the shipping industry’s policy requirement to reduce greenhouse gas emissions. The B30 fuel, which contains 30% bio-based components, was developed to meet the growing demand for sustainability in the shipping industry. The fuel is […]
The European Biodiesel Board (EBB) on April 14 welcomed the EU’s move to combat Annex IX biofuel fraud and supported the Sustainability Committee’s specific discussions on the issue, emphasizing that fraud not only threatens the survival of the entire industry, but also undermines the validity of sustainability certification schemes and the EU’s climate goals. The […]
U.S. Secretary of Agriculture Brooke Rollins announced a $537 million investment in 543 biofuel infrastructure projects across 29 states, under the Higher Blends Infrastructure Incentive Program (HBIIP). This initiative supports President Trump’s 20th executive order, focused on expanding domestic energy production and strengthening rural economies. Announced at Elite Octane LLC in Atlantic, Iowa—home to one […]
As Brazil’s fuel market faces increasing regulatory challenges, INFRA news agency reports that the board of directors of the National Agency for Oil, Gas and Biofuels (ANP) recently unanimously rejected a request by the National Union of Distributors of Fuel and Lubricants Companies (Sindicom) for a 90-day moratorium on the use of biodiesel blends containing […]
April 4 – The National Association of Convenience Stores (NACS), the National Association of Truck Service Stations (NATSO), and the Society of Fuel Marketing Associations (SIGMA) recently sent a joint letter to Lee Zeldin, Administrator of the U.S. Environmental Protection Agency (EPA), expressing serious concerns about the possibility that the EPA may have set the […]
Varo Energy, backed by private equity giant Carlyle Group (CG.O), and global trading leader Vitol Group announced on Monday that they have agreed to acquire Swedish refinery operator Preem, capitalizing on the growing demand for biofuels. Varo already holds stakes in refineries in Germany and Switzerland and is expanding its sustainable fuels and trading business. […]
In the current global trade environment, protecting the EU biofuels industry from external threats is just as important as promoting more rational internal EU policies. In the past, trade cases were often seen as a short-term response, but today they have become a long-term concern for the industry. The EU is strengthening its trade defenses […]
The Trump administration has urged oil and biofuel producers to reach a compromise on the future of U.S. biofuel policy in an effort to avoid political conflict during his first term, Reuters reports. The oil industry and biofuel producers have long competed for billions of dollars worth of U.S. gasoline market share and have often […]