Neste has canceled its 120 MW electrolyzer project at the Porvoo refinery due to economic and regulatory challenges, reflecting a broader trend of energy companies scaling back renewable fuel investments.

India’s corn consumption could spike in 2025 amid expectations that the government may hike its ethanol mandate and force increased use of the grain, trade sources told Fastmarkets in the week to Friday October 11

The US Renewable Fuels Association has urged the EPA to update its investigation into foreign feedstock imports and implement stricter verification requirements for used cooking oil and tallow.

The drop was influenced by high freight rates and an ongoing European Commission fraud investigation.

Fastmarkets proposes to amend the pricing frequency of its three main European biodiesel assessments, both as outright prices and as premiums to the underlying gasoil contract, as well as its ultra low sulfur diesel assessment from a weekly basis to daily.

The international oil major BP has unveiled a $2.76 billion profit across its energy portfolio in the second quarter of 2024, a 6.4% increase on the corresponding period of 2023 and 1.2% higher than its first-quarter profits

The European Commission has confirmed that it will apply anti-dumping duties to Chinese biodiesel producers from August 16 this year, according to multiple sources

Germany's UFOP highlighted a global rapeseed supply shortage, urging increased planting in 2025 to meet demand amidst reduced production forecasts.

The recent shift is supported by the country's increased biodiesel blending mandate and there are moves to raise it further in the coming years

The project also creates a traceability system for all diesel cycle fuels to help ensuring the quality of the fuels