Biofuel producer EcoCeres has teamed up with Mitsui & Co Energy Trading, KPI OceanConnect and Global Energy Group to supply hydrogenated vegetable oil (HVO) biofuel to a cruise ship in Singapore. This marks EcoCeres’ first delivery of HVO fuel oil in Singapore, the company announced in a LinkedIn post on Tuesday. EcoCeres has a production […]
The Trade Remedies Authority (TRA) yesterday (March 17, 2025) initiated an anti-dumping investigation and a countervailing investigation into imports of hydrogenated vegetable oil (HVO) biodiesel from the United States. The investigation was initiated following a petition from UK biodiesel producers concerned about changes in the market since the last review in 2022. Recent evidence suggests […]
According to the website of Hong Kong Bauhinia Magazine on March 14th, recently, PetroChina’s Hong Kong-based organization, International Business (Hong Kong) Company Limited (referred to as State Affairs Hong Kong), for the first time sold second-generation biodiesel (HVO) to Hong Kong end-users to provide automotive fuels for the jet fuel refueling trucks at Hong Kong […]
Austria’s OMV Petrom recently launched the construction of a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at its Petrobrazi refinery in Romania. With a capacity of 250,000 tons per year, the project marks OMV Petrom as the first large-scale producer of sustainable fuels in Southeastern Europe, aiming to meet the growing demand […]
Chevron Corporation reported fourth quarter financial results on January 31st. During the earnings call, company officials confirmed that the renewable diesel expansion project at the biorefinery in Geismar, Louisiana, is in the final stages of commissioning. The Geismar expansion project has been moving forward for several years with plans to increase the plant’s renewable diesel […]
BP has suspended plans to build a $600 million renewable fuels center at its decommissioned Perth refinery. One of the reasons the project has been put on hold is that the developer is reassessing the level of demand and return on investment. BP said it would adjust the delivery cadence of the Quinana renewable fuels […]
Tidewater Renewables Ltd. announced Jan. 6 that it has filed a countervailing and anti-dumping duty complaint with the Canada Border Services Agency (CBSA) in late 2024 in response to renewable diesel imports from the United States. The company says these imports are causing serious harm to the renewable diesel industry in Canada and that legal […]
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 […]
On 12 December, Neste and BMW announced a partnership to supply 100% renewable diesel fuel, also known as Hydrogenated Vegetable Oil (HVO100). BMW will purchase Neste MY Renewable Diesel™ and use it as an initial fuelling station for diesel vehicles leaving BMW’s German manufacturing plants. Under the agreement, Neste’s renewable diesel will be used at […]