Biofuel production and other alternative fuel updates.
Petrobras and Italian energy firm Eni SpA are scoping opportunities to work together in building biodiesel plants in Brazil and Africa that would export the fuel to Italy. Eni officials have scheduled meetings with Brazil’s state-run oil firm regarding possible cooperation in ethanol, specifically a plan that would construct plants in [...]
Jul. 17–Many private business operators in Thailand are cashing in on the alternative-fuel fad by selling jatropha seedlings, the seeds of which are used as a raw material for biofuel refining, to farmers at inflated prices and with little awareness of policy or demand, say experts. Many of these business operators, [...]
Imperium Renewables is eyeing a Hawaiian site for a $90 million biodiesel plant to be fed by locally produced vegetable oils. The Seattle-based start-up, which received $113 million in equity financing and a $101 million line of credit just last month, recently was BQ-9000 certified. Imperium, formerly [...]
Chevron was honored as the International Refining & Energy Company of the Year and Marathon Petroleum was honored as the North American Refining & Energy Company of the Year by Hart Energy Publishing at its World Refining and Fuels Conference last week. Accepting the award on behalf of Chevron was Jeet [...]