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0Petrobras to invest $2.5 billion to increase production of biodiesel, ethanol 1314021900
Brazilian energy giant Petrobras, through its wholly-owned subsidiary Petrobras Biocombustível, will invest a massive $2.5 billion between 2011 and 2015 to increase production of biodiesel and ethanol. This hefty chunk of change is part of $4.1 billion Petrobras earmarked for its biofuels ...
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Ethiopia gets geared up for biodiesel 1292360460
Challenged by fluctuating oil prices and stricken with poverty, Ethiopia is searching for a way to boost the nation's economical situation and perk up the country's poor living conditions. Some Ethiopian leaders believe that the solution lies in renewable fuels. Statistics show that Ethiopia ...
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Biodiesel production shoots up 16% in European Union, output reaches 9M tons 1280665560
From 2008 to 2009, biodiesel production in the European Union (EU) jumped 16.6 percent, bringing total output up to nine million tons, according to data released by the European Biodiesel Board (EBB). The increased production further cements the EU's position as the worldwide leader in biodiesel ...
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House vote on biodiesel tax credit could come today 1274896920
For those of us who use/produce/sell/are fond of biodiesel, 2010 has been frustrating to say the least. The $1 per gallon biodiesel tax credit expired in late December 2009, and it wasn't too long after that local biodiesel pumps across the country started drying up. Reinstatement of the tax ...
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Expiration of biodiesel subsidy ends bad year for industry 1262562360
A couple of years ago, biodiesel production appeared to have a very bright future. World oil prices were on the rise, the price of petroleum diesel was moving past gasoline and every automaker seemed to be on the verge of introducing new diesel engines to the U.S. market. A federal tax credit of ...

