(Eni) The President of the Republic of Indonesia Joko Widodo met Eni Chief Executive Officer Claudio Descalzi in Jakarta today (February 2, 2024), to discuss the company’s ongoing activities in the country and to outline initiatives in the areas of energy
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Back TO HOMEMajor Oil Companies Are Investing in Biofuels, According to BCC Research Report
(BBC Research) As worldwide concern for the environmental impact of traditional fuel grows, global players in the oil industry are investing in biofuels with new-zero carbon emissions. -- Biofuel in transport fuel is just 5.4%, or around 2 million barrels per day.
October 30, 2023 Read Full Article
GS Caltex, POSCO, H-Line Shipping Team up to Introduce Ships Powered by Biofuel
by Ko Dong-hwan (Korea Times) Three companies involved in oil refining, steelmaking and shipbuilding have joined hands to introduce a fleet of ships running on marine biofuel to reduce carbon emissions. A senior official from the Supply and Trading Department at GS
October 06, 2023 Read Full Article
JGC : Detailed Study Begins for Biomethane Supply Project in Indonesia
(JGC Holdings Corporation/Market Screener) PT Perusahaan Gas Negara Tbk (hereinafter PGN, a natural gas supplier and subsidiary of Indonesian national oil company PT PERTAMINA, hereinafter Pertamina), JGC Holdings Corporation (hereinafter JGC), Osaka Gas Co. Ltd. (hereinafter Osaka Gas), and INPEX CORPORATION
September 26, 2023 Read Full Article
ALGAE – A 5-Letter Word for EARTH MONTH
[caption id="attachment_119312" align="alignleft" width="300"] MANTA's ALGAE test pond near Frederick, Maryland, with LEMNA, duckweek, and creeping primrose[/caption] More than a decade ago, ALGAE was hailed as key to replacing petroleum fuel with renewable fuel and enjoyed funding from MAJOR oil companies.
April 22, 2023 Read Full Article
Indonesia Mulls Raising Mandatory Palm Oil Mix in Biodiesel to 35%
by Bernadette Christina Munthe (Reuters/NASDAQ) Indonesia is considering expanding a mandatory palm oil mix in its biodiesel to 35%, from 30%, a government official said on Thursday (June 30, 2022), as authorities look for ways to stimulate palm fruit purchases
July 01, 2022 Read Full Article
Global Algae Biofuel Market Report (2022 to 2027) - Featuring ExxonMobil, Manta Biofuel and Synthetic Genomics Among Others
(Research and Markets/Globe Newswire) The "Algae Biofuel Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering. The global algae biofuel market is estimated to show growth from US$5.022 billion in 2020 to US$9.033 billion in 2027 at a CAGR of 8.75%. The
May 10, 2022 Read Full Article
Pertamina, Osaka Gas, JGC Holdings and INPEX Sign Joint Study Agreement on Bio-methane Derived Clean Gas Project
(JGC Holdings) PT PERTAMINA (Pertamina), Osaka Gas Co., Ltd. (Osaka Gas), JGC Holdings Corporation (JGC) and INPEX CORPORATION (INPEX) (together hereinafter, "parties") announced today they have entered into a joint study agreement on exploring the feasibility of a clean natural gas
April 27, 2022 Read Full Article
Can the Little-Known Tamanu Tree Replace Palm Oil in Indonesia’s Biofuel Bid?
(South Africa Today) Government researchers in Indonesia believe oil from the tamanu tree (Calophyllum inophyllum) could serve an alternative feedstock for biofuel to palm oil. They say the plant has shown the ability to grow in burned areas and former mining
February 12, 2022 Read Full Article
President Targets Raising Biodiesel Production to Save Forex
(Antara News) Domestic biodiesel production will reduce diesel imports in order to save up to Rp56 trillion (almost US$4 billion) of foreign exchange in 2021, according to President Joko Widodo. "If we can produce our own biodiesel here and use
October 22, 2021 Read Full Article
Manta Wins MEIA 2021 Pitch Finale; MD Clean Energy Startups Shine
(Maryland Energy Innovation Accelerator) MEIA 's 2021 Pitch Competition was a smashing success. Congratulations to Grand Prize winner Manta Biofuel, and Audience Choice co-winners InventWood and Manta Biofuel. Did you miss the event? Watch the video and pitches here. Owings Mills-based Manta
July 07, 2021 Read Full Article
MEIA Spotlight -- Ryan Powell
(Maryland Energy Innovation Accelerator) Ryan Powell is the founder and CEO of Manta Biofuel, an MEIA Startup that produces crude oil from algae at a cost that could be competitive with traditional petroleum. Manta’s team has developed their proprietary magnetic algae harvesting
June 02, 2021 Read Full Article
Maryland Energy Innovation Accelerator Spotlight: Austin Bachman
(Maryland Energy Innovation Accelerator) Austin Bachmann is an Energy Executive in Residence (EEIR) for Manta Biofuel, an MEIA Startup that has developed an innovative technology and process for producing algae-based biofuels. Austin is also the Executive Director of Sales, Marketing and Business
February 03, 2021 Read Full Article
Manta Biofuels Launches Crowd Investment Campaign
by Joanne Ivancic* (Advanced Biofuels USA) This week, Manta Biofuels has launched a crowd investment campaign on Republic and began reaching out to colleagues, business associates, mentors and friends, offering them a chance to invest in this growing business. Dedicated to
November 05, 2020 Read Full Article
Air Products and Topsoe Sign Global Alliance Agreement for Collaboration on Large-Scale Ammonia, Methanol, and/or Dimethyl Ether Projects around the World
by Svend Ravn (Haldor Topsoe) Air Products (NYSE:APD), a global leader in industrial gases and megaproject development, and Haldor Topsoe, the world leader in high-performance catalysts and proprietary technology for the chemical and refining industries, today announced the signing of a
May 18, 2020 Read Full Article
Advanced Biofuels USA’s Presentation to Maryland’s Commission on Climate Change Mitigation Work Group on Benefits of Biofuels in Climate Change Mitigation Plan
by Joanne Ivancic (Advanced Biofuels USA) Maryland’s Commission on Climate Change advises the state’s Governor and General Assembly “on ways to mitigate the causes of, prepare for, and adapt to the consequences of climate change.” The MCCC is chaired by Maryland
November 18, 2019 Read Full Article
“The Thing to Remember Is that It’s Agriculture.” Manta's New Way to Think about Algal Biofuel
by Joanne Ivancic* (Advanced Biofuels USA) Not only is the Manta Biofuel system a way to grow, harvest and process algae into oil that can be used for heating or powering heavy duty engines or ocean-going vessels, or as a
November 16, 2019 Read Full Article
Indonesia Seeks to Expand Green Fuel Production to 100% by 2022
by Nur Yasmin (Jakarta Globe) Djoko Siswanto, secretary general of the National Energy Committee, said Indonesia is developing green fuel as an end-product of palm oil, to reduce the country's reliance on costly oil imports. Green fuel is a mix of palm oil
November 07, 2019 Read Full Article
Advanced Biofuels USA's Public Comment to Maryland's Commission on Climate Change on Benefits of Biofuels in Climate Change Mitigation Plan
by Joanne Ivancic (Advanced Biofuels USA) Maryland's Commission on Climate Change advises the state's Governor and General Assembly "on ways to mitigate the causes of, prepare for, and adapt to the consequences of climate change." The MCCC is chaired by
October 16, 2019 Read Full Article
Indonesia's PLN to Convert Four Power Plants to Palm-Powered Stations
by Wilda Asmarini and Fransiska Nangoy (Reuters) Indonesia’s state electricity utility PT Perusahaan Listrik Negara (PLN) said will convert four power plants to use fuel made wholly from crude palm oil, director Djoko Rahardjo said PLN will convert three diesel-powered plants in
February 21, 2019 Read Full Article
Hyundai, LG to Construct Biodiesel Factories in Indonesia
(Jakarta Post) West Kalimantan Governor Sutarmidji has said Korean companies Hyundai and LG will construct biodiesel factories in the province amid the government’s effort to expand the domestic use of the fuel through its mandatory 20 percent blended biodiesel ( B20 ) policy. ... He
September 10, 2018 Read Full Article
Solidaridad Network : Indonesian & Indian Palm Oil Industry Join Hands to Promote Sustainable Trade
(Solidaridad Network/4-Traders) A new Memorandum of Understanding (MoU) has been signed which, for the first time, recognizes the Indonesian Sustainable Palm Oil (ISPO) and the Indian Palm Oil Sustainability (IPOS) Framework as legitimate sustainability frameworks for palm oil production and trade
July 18, 2018 Read Full Article
From Algae Blooms to Algae Oil: The Digest’s 2017 Multi-Slide Guide to Manta Biofuel
by Jim Lane (Biofuels Digest) The promise is this: Manta could one day skim algae right off of the Chesapeake Bay and convert it into oil, simultaneously cleaning up deadly algae blooms and providing the precursor for clean, renewable fuels. Manta licensed
November 28, 2017 Read Full Article
Presentations from BETO’s Annual Conference Now Online!
(U.S. Department of Energy) On July 11–12, 2017, BETO hosted its 10th annual conference—Bioeconomy 2017: Domestic Resources for a Vibrant Future! More than 300 attendees from industry, government agencies, the national laboratories, and academia gathered to discuss opportunities and challenges facing
October 31, 2017 Read Full Article
6 Degrees of Innovation: From the Playboy Mansion to a Hot Renewables Tech in 6 Steps
by Jim Lane (Biofuels Digest) ... You see, next week, at the DOE’s annual Bioeconomy conference in the Washington DC area, four companies will pitch their business propositions to a panel of four investors and industry experts. That’s The Pitch, and I
July 04, 2017 Read Full Article
EP Petroecuador Signs Contracts with Alcohol Companies to Guarantee Supply of Ecopaís
(EP Petroecuador (Google Translation)) In the presence of the Minister of Hydrocarbons, Ing. José Icaza, the Petroecuador Public Company and the companies Consorcio Artesanal Cado, Producargo SA, Codana SA and Soderal SA, signed a USD 95 million contract for the
April 05, 2017 Read Full Article
Biotech Firm to Produce Renewable Fuel in New Office Space
by Emily Witty (MD Biz News) ... (Ryan) Powell and his business partner Onur Unal are the founders of Manta Biofuel, a Baltimore-based biotechnology firm producing renewable crude oil through the harvesting and processing of algae. Just two and a half
February 18, 2017 Read Full Article
Maryland’s TEDCO Funds 19 Technology Start ups Including Algae Crude Producer
by Meghan Sapp (Biofuels Digest) In Maryland, the state’s Technology Development Corporation (TEDCO) announced today that 19 companies have received over $1.9 million in funding from the organization’s Seed Investment Fund in the last six months. The funding will be
December 16, 2016 Read Full Article
Three Algae Companies Awarded $1 Million Each by the Energy Department
by Paul Mullen (Algae Biomass Organization) The Energy Department announced that they will be awarding 23 small businesses with $1 million each over the next two years to help the small businesses advance their concepts. Three algae companies were among
July 21, 2016 Read Full Article
Manta Biofuel Awarded $1 Million from DOE
(Algae Industry Magazine) Manta Biofuel, of Bethesda, Maryland has won a $1 million award from the U.S. Department of Energy to further develop its algal technology. A member of Bethesda Green’s business incubator, Manta Biofuel LLC is a biotechnology firm that has developed
July 17, 2016 Read Full Article
Asia Pulp & Paper Backs Community-Led Indonesian Biofuels Project
(edie.net) One of the world's biggest pulp, paper and packaging firms has announced its support for a new community-led pilot scheme aimed at reducing the use of fossil fuels and increasing the availability of bio-fuels in Indonesia. The jurisdictionally-based partnership between
July 06, 2016 Read Full Article
Europe Continues to Get Biodiesel Wrong
by Ron Kotrba (Biodiesel Magazine) A provocative opinion piece on Europe's reliance on unsound indirect land use change theory -- It is clear there is a politicized agenda in Europe to undermine sustainable, liquid biofuels such as biodiesel and forge
May 06, 2016 Read Full Article
What Do We Do about Palm Oil?
by Jim Lane (Biofuels Digest) ... In the world of fuels, Neste Oil has backed away from palm oil in order to expand in the US market on more favorable terms, with palm’s lowly status after indirect land use change modeling
April 18, 2016 Read Full Article
Chesapeake Bay Seed Capital Fund Invests $150,000 in Manta Biofuel
(Maryland Technology Enterprise Institute/PR Newswire) The Chesapeake Bay Seed Capital Fund has invested $150,000 into Manta Biofuel LLC, a company that produces crude oil from algae at a cost that is competitive with traditional petroleum, University of Maryland officials announce today. The
October 17, 2015 Read Full Article
Golden Agri Resources to Build $150m Biodiesel Facility
by Anggi M. Lubis (The Jakarta Post) Singapore-listed Golden Agri Resources (GAR), the world’s second largest plantation company, is disbursing up to US$150 million in capital to establish two biodiesel facilities, to benefit from Indonesia’s anticipated energy mixture policy that
August 18, 2015 Read Full Article
UMD Program Approves 15 Technology Product Development Projects Teaming Maryland Companies With System Faculty -- Four Aquaculture Projects Highlight Round
(Maryland Technology Enterprise Institute ) The Maryland Industrial Partnerships (MIPS) program, an initiative of the Maryland Technology Enterprise Institute (Mtech) in the A. James Clark School of Engineering at the University of Maryland, has approved 15 collaborative technology product development
July 16, 2015 Read Full Article
Baltpool: Biofuel Will Be 30% Cheaper in 2015-2016 Heating Season
(The Baltic Course) According to the energy resources exchange Baltpool, the price of biofuel for the upcoming heating season 2015-2016 when a long-term biofuel supply contract is signed is by one-third smaller now, compared to the previous season, reports LETA/ELTA.
June 30, 2015 Read Full Article
Transfer of Subsidy to Biofuel Accelerates Deforestation, Says Walhi
(Jakarta Post) The Indonesian Forum for the Environment (Walhi) is warning that the government’s policy to shift subsidies from fossil fuels to palm oil-based biofuel will only accelerate deforestation in this country. “Shifting subsidies to land-based biofuel will worsen deforestation that
February 18, 2015 Read Full Article
Making Indirect Land Use Change Go Away
by Jim Lane (Biofuels Digest) As the specter of falling oil prices spooks the sector, here’s good news from the Land of ILUC — a shocker study pointing a way towards mitigating or eliminating that infamous scourge of carbon-scoring for
January 15, 2015 Read Full Article
Can Biofuels Make A Comeback?
by Michael Kanellos (Forbes) ... But give biofuel execs credit: they learn from the past. Much of the activity centers around developing fuels and chemicals out of waste products and virtually everyone is adopting strategies to minimize the capital requirements
November 12, 2014 Read Full Article
Biodiesel Producers, Farmers Take to The Hill
by John Davis (domesticfuel.com) Biodiesel producers and farmers who raise the feedstocks for the biodiesel industry took to Capitol Hill this week, joining a group of U.S. Senate Democrats in their calls to end policy uncertainty that is hurting their industry. “The uncertainty
June 02, 2014 Read Full Article
Biodiesel Producers Hit Hard by Policy Uncertainty: Survey Finds Nearly Six in Ten Have Idled Production
(National Biodiesel Board) Policy setbacks in Washington are taking a major toll on the most successful advanced biofuel in the U.S., according to a nationwide survey of biodiesel producers released Wednesday. The survey, conducted by the National Biodiesel Board, found that nearly
May 14, 2014 Read Full Article
$100K ACC Clean Energy Challenge Announces Elite Eight Plus Two, Will Vie To Reach Final Four
(University of Maryland/Yahoo! News) The $100K ACC Clean Energy Challenge, a business plan competition supported by the Department of Energy's (DOE) Office of Energy Efficiency and Renewable Energy (EERE) encouraging students from universities in the southeastern United States to develop business plans for
March 13, 2014 Read Full Article
The False Choice Between Palm Oil And Indonesian Forests
by Nigel Sizer (WRI Insights/The Jakarta Post) ...The world’s top scientists are also raising concerns. According to a recent study in Nature Climate Change, from 1990 to 2010, 90 percent of lands converted to oil palm plantations in Kalimantan were forested. There need not,
November 29, 2012 Read Full Article
Cargill Smallholders Receive European Certification for the Supply of Sustainable Biofuels
(Equities.com) Smallholders at Cargill's palm oil plantation, PT Hindoli in South Sumatra, Indonesia, recently became the one of the first smallholders to receive official certification for sustainable palm oil supply for biofuels, according to the International Sustainability and Carbon Certification
August 10, 2012 Read Full Article
Tools: Find Stuff; Calculators
Biofuels Atlas Looking for biomass? Check out the Biofuels Atlas on the DOE National Renewable Energy Laboratory. Easy to use, just click on the box of the type of energy resource that interests you from specific feedstocks (switchgrass, corn stover, sugar beets, etc.)
March 26, 2012 Read Full Article
Indonesian, Taiwanese Venture to Develop Jatropha-Based Biodiesel
(Soya Tech) Indonesia's Confederation of Primary Cooperatives Association (Inkud) is teaming up with Taiwan in developing jatropha curcas-based fuel, its vice president director Yusri Suhud said. "We are cooperating with Taiwan to develop jatropha curcas as an alternative fuel," he said
November 15, 2011 Read Full Article
CPO Biodiesel Production Plan May Lift Regions
(Jakarta Globe) The government is planning to develop regional centers for processing palm oil into biodiesel and other products to boost profit margins and create jobs, a minister said on Wednesday. The government is seeking investment to produce oleochemicals — used
December 04, 2009 Read Full Article
Taiwan Oil Firm Signs Deal to Produce Biofuels in Indonesia
(M&C Business) Taiwan's state-run Chinese Petroleum Corp (CPC) signed an agreement Wednesday to plant 100,000 hectares of crops for biofuels in Indonesia. ... Under the MOU, in the next five years, CPC is due to plant 100,000 hectares of Jatropha