On July 24, Italian energy giant Eni announced the signing of a €500 million (approximately $588 million) financing agreement with the European Investment Bank (EIB) to support the conversion of its traditional refinery in Livorno, Tuscany into a modern biorefinery.…
Zhuoyue New Energy announced on the evening of July 8 that it plans to invest RMB 700 million of self-raised funds in a bioenergy production project in Chonburi Province, Thailand. The project will be executed by its wholly owned subsidiary,…
In Germany, following the withdrawal of ADAC from the GHG quota trading business at the end of the 2024 allocation year, another company, EMOVY GmbH, has also exited the market by initiating insolvency proceedings. According to the Union for the…
According to Hong Kong media news on May 29, the Business Environment Council (BEC) today released the report “Study on Biodiesel and Renewable Diesel in Hong Kong”, pointing out that renewable diesel (also known as Hydrogenated Vegetable Oil (HVO)), as…
May 25th, recently, a huge ship “LE**” loaded with 26,000 tons of hydrocarbon-based biodiesel successfully set sail from CNOOC Taifu Terminal to the European market. This is the 6th hydrocarbon-based biodiesel export shipment guaranteed by Zhangjiagang Maritime Safety Bureau this…
As part of its drive for a low-carbon transition, Skoda has officially launched HVO (Hydrogenated Vegetable Oil) synthetic diesel fuel at its Czech plant as an initial filler fuel for new production diesel models and for its in-house logistics fleet.The…
Global Clean Energy Holdings Inc., which owns a renewable diesel plant in Bakersfield, California, announced on April 16 that it has entered into a restructuring support agreement (RSA) with its principal creditor, Vitol Americas Corp. Vitol, as lender on the…
Desmet (Desmet) recently announced that it has been awarded a new contract from LG-ENI Biorefining, a joint venture between LG Chem and ENI of Italy. Under the contract, Desmet will work with the main contractor, GS Engineering & Construction, to…
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…
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…