20 May, 2012
By Shane Romig /BUENOS AIRES (MarketWatch) — Argentina has asked the European Commission to issue an opinion on whether Spain’s recent decision to block Argentine biodiesel imports violates World Trade Organization rules.
Spain’s actions “shouldn’t be allowed by the European Union as it would be incompatible with the commitments assumed by the bloc in international trade agreements and the rules stipulated by the WTO,” Argentina’s Foreign Ministry said in a statement Monday.
The ministry sent a letter with its request to EC trade director Jean-Luc Demarty.
Last month, Spain started requiring that all biodiesel used there be sourced from European Union producers. The measure effectively blocks imports of the fuel from Argentina, which had dominated Spain’s biodiesel market. Read more »
| » | More: , biodiesel, BIODIESEL MARKET, biodiesel-argentina, biodiesel-spain
20 May, 2012
By CIARAN GILES/ , Argentina’s President Cristina Fernandez, right, sits with her Vice President Amado Boudou prior to her announcement of a bill to nationalize Spain’s controlled oil company YPF, at Government House in Buenos Aires, Argentina. An Argentine prosecutor asked on May 14, 2012 for a federal judge to open an illegal enrichment probe against Boudou.
MADRID — Spanish oil company Repsol said Tuesday it had made the first step in taking legal action against Argentina for nationalizing its energy firm YPF.
In a statement, Repsol YPF SA said it had sent a letter to Argentine President Cristina Kirchner notifying her that it sees a controversy in the seizure of YPF which should be resolved by the World Bank’s International Center for Settlement of Investment Disputes. Read more »
| » | More: , argentina, biodiesel-argentina, biodiesel-spain, Repsol YPF
20 May, 2012
BUENOS AIRES,(Reuters) – Argentina will gradually
raise the blending requirement for biodiesel in diesel fuel, a
decision coinciding with Spain’s bid to buy fewer Argentine
biofuels, financial daily El Cronista reported on Tuesday.
The government aims to increase the biodiesel blending
requirement to 10 percent from 7 percent between May and
October, raising it by half a percentage point each month, El
Cronista said, citing unnamed sources familiar with the plan. Read more »
20 May, 2012
By Hugh Bronstein/BUENOS AIRES | Fri May 4, 2012 7:49am EDT.
BUENOS AIRES (Reuters) – Argentina’s Congress nationalized the country’s biggest oil company, YPF, by an overwhelming lower house vote on Thursday that underscored broad popular support for a measure that threatens to scare off foreign investment.
The Chamber of Deputies voted 207-32 in favor of expropriating YPF, clearing the way for President Cristina Fernandez to sign the bill into law. The Senate last week approved the measure by a similarly overwhelming margin.
Fernandez, who has tightened state control of the economy, unveiled the plan to seize a majority stake in YPF from Spain’s Repsol six months after her landslide re-election. Read more »
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20 February, 2012
By Erin Voegele | February 20, 2012/The U.S. Senate Committee on Agriculture, Nutrition and Forestry held a Farm Bill hearing on Rural Development and Energy on Feb. 15. Agricultural Secretary Tom Vilsack opened the testimony by speaking about the importance of energy policy in the Farm Bill.
“Biofuels, biomass, wind and solar rely primarily on farm, ranch, and forest lands, the potential for renewable energy development resides predominantly in our Nation’s rural regions,” Vilsack said. “Certainly, renewable energy is an important source of jobs and economic growth in rural communities across the country, while biofuels and biomass offer exciting new opportunities for entrepreneurs and, in particular, for American agricultural producers. Our nation’s future depends on out-innovating, out-investing, out-educating, and out-building our competitors in an increasingly integrated and competitive world economy.” Read more »
| » | More: , BIODIESEL EDUCATION PROGRAM, biodiesel-magazine, biofuels, biomass, revista-biodiesel, WIND AND SOLAR
20 February, 2012
By Aaron, Turpen on Mon, 02/20/2012./Pike Research estimates that the global biofuels market will double by 2021 to $185.3 billion from the current $82.7 billion, but that this increased production will still fall short of demand.
In a report titled Biofuels Markets and Technologies, futures analysis firm Pike Research estimates that production of biologically-based fuels (such as ethanol and biodiesel) will increase from $82.7 billion in 2011 to $185.3 billion by 2021, but will fall short of demand. Pike estimates demand will be in the 71.8 billion gallons per year (BGPY) area whereas production will fall short of that by several billion gallons. Current production worldwide is about 29.4 BGPY. Read more »
| » | More: , argentinean biodiesel, BIODIESEL DEMAND, BIODIESEL MARKET, BIODIESEL MARKETS, BIODIESEL PRICES, BIODIESEL PRODUCTION, biofuels markets
13 February, 2012
Dhwani Shah/The interest for creating biofuels from algae and other sea-water plants have been increasing off late. Scientists at NASA Glenn Research Center in Cleveland have been trying to fill the skies with algae and explore new means to create alternative energy source for commercial aviation. It seems like Bilal Bomani, a scientist at NASA Glenn Research Center, Cleveland, has tied the future of space exploration to sub-aquatic life.
Salicornia – The Way to Go Green Read more »
| » | More: , BIODIESEL SALICORNIA, nasa salicornia, salicornia, SALICORNIA BIODIESEL, salicornia project
16 January, 2012
Comment on this post Posted by Cindy Zimmerman/During a visit to highlight renewable energy use by the U.S. Navy at Pearl Harbor, Agriculture Secretary Tom Vilsack also spotlighted the Hawaii-based biodiesel producer that supplies much of the fuel used there.
Pacific Biodiesel “is the oldest biodiesel producer and refinery in the country, started in 1996,” said Vilsack during his remarks on Tuesday at the memorial, noting that USDA has provided assistance to help that company grow. “We provided recently a $5 million business and industry loan to Pacific Biodiesel to allow it to continue to expand its capacity.” Read more »
| » | More: , PACIFIC BIODIESEL
3 January, 2012
INDIA/Tuesday, January 03, 2012, 02:50 (GMT + 9)/Developer of joint venture partnerships for algae production for biodiesel and commercial fish food World Health Energy Holdings, Inc (WHEN) has announced the signing of a letter of intent with industrial and transport company Prime Inc to develop a biodiesel production facility ramping up to 250 ac with a budget of up to USD 100 million. Read more »
| » | More: , algae biodiesel, BIODIESEL INDIA, BIODIESEL MARKET, BIODIESEL MARKETS, INDIA BIODIESEL, jatropha, palm-oil, RAPESEED
3 January, 2012
By Erin Voegele | January 03, 2012/The American Soybean Association recently published a list of key accomplishments it achieved in 2011, including several related to the biodiesel industry. “Record U.S. soybean production and export values and record biodiesel production were clear indicators of the benefit of ASA’s long-term efforts to increase both domestic and international market demand,” said ASA Chairman and past president Alan Kemper.”While we are proud of our work, this is aIt shared record of accomplishment that was made possible by the work of ASA, our state affiliates, the soybean checkoff at both the national and state levels, and our industry partners.” Read more »
| » | More: , AMERICAN SOYBEAN, ASA, biodiesel, BIODIESEL TAX
