renewable fuel

When the World Rally Championship rolled into Finland at the end of July for the 2011 Neste Oil Rally Finland, some 29 of the 124 vehicles entered in the tail-out, gravel-throwing event were fueled by Neste Oil's NExBTL renewable diesel. Running solely on Neste Green 100 diesel, Neste says the ...

Fueling your vehicle with sawdust is absurd. However, pumping your tank full of fuel made from sawdust, now that's a far-fetched idea that could eventually become a reality. Thanks to the work of a team of researchers at the University of Calgary, sawdust-derived fuel could power the vehicles of ...

Solazyme, a renewable algae-based fuels company, has priced its initial public offering (IPO) of 10.975 million shares of common stock at $18 per share, above the earlier estimated range of $15 to $17. Of the 10.975 million shares of common stock in the IPO, Solazyme is offering 10,375,000 ...

Beginning in April, Swedish oil giant Preem will offer diesel blends containing 15 percent renewable diesel (B15) and 5 percent biodiesel (B5) at 366 fueling stations throughout Sweden. The B15 blend, which Preem fittingly calls Evolution Diesel, is claimed to cut carbon dioxide emissions by 16 ...

Brazilian energy giant Petrobas expects demand for biofuels will rapidly rise within the next decade and intends to spend $3.5 billion over the next four years to more than double its biofuel output. During a recent interview, Miguel Rossetto, chief executive of energy giant's biofuels unit, ...

Back in September, the government of Canada announced regulations that will require an average renewable fuel content of five percent in gasoline and two percent in diesel fuel and heating oil. Implementation of the renewable fuel content for gasoline went into effect on December 15th, 2010, but ...

BioJet International Ltd. has received a whopping $1.2 billion of financial backing from Equity Partners Fund SPC. The massive amount of capital will allow BioJet, an international supplier of renewable aviation fuels, to fund its biofuel development and launch projects aimed at expanding the use ...

The government of Canada has finalized regulations that will require an average renewable fuel content of five percent in gasoline – two percent in diesel fuel and heating oil – starting December 15th, 2010. The regulations are but one minor step in Canada's far-reaching Renewable ...

Boeing's prediction that one percent of the commercial aviation industry will be powered by renewable fuels by 2015 may sound trivial, but converting any meaningful portion of the industry over to the plant-derived biofuels could lay the foundation for future exponential growth. Boeing is ...

The BP oil spill has reminded us that whether we love ethanol or hate it, it's still loads better than crude oil. Or at least that's what the corn ethanol lobbies would have us believe, according to Slate. With ethanol plants closing left and right, about 1.4 billion gallons of additional ...