USDA expects soybean oil consumption for biofuels to grow in 2025/26
The U.S. Department of Agriculture’s (USDA) latest World Agricultural Supply and Demand Estimates report, released on May 12, lowered its forecast for soybean oil…
Biodiesel
Successful refueling of 5,600 tons of B24 biofuel
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…
Republican Congressman Introduces Second Generation Biofuels Tax Credit Bill
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…
SK Incheon Petrochemicals Launches B30 Marine Biofuel
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…
European Biodiesel Board supports EU action against fuel fraud
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…
USDA Invests $537 Million in Biofuel Projects to Boost Rural America
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…
ANP rejects request to suspend B14 use
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…
Without tax credits, biofuels could face market disruption
April 4 – The National Association of Convenience Stores (NACS), the National Association of Truck Service Stations (NATSO), and the Society of Fuel Marketing…
Varo acquires Swedish refiner Preem
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…
EU cracks down on biodiesel fraud
In the current global trade environment, protecting the EU biofuels industry from external threats is just as important as promoting more rational internal EU…