Ministérios Públicos Federal e de Rondônia ajuizaram ação civil pública para assegurar o fornecimento de energia elétrica a 9,3 mil moradores de comunidades isoladas. A empresa BBF, responsável pelo serviço, enfrenta crise financeira e judicial, causando apagões e prejudicando serviços essenciais.
Maruti Suzuki launched its first flex-fuel car, the Wagon R, aiming to support India's goals of reducing oil imports and carbon emissions. The technology allows vehicles to run on petrol and ethanol blends, with officials highlighting its potential to boost farmer income and rural economy.
A new report highlights that increasing extraction of rainforest resources for minerals, biofuels, and pulp is pushing biomes like the Amazon towards a breaking point. Compounding pressures from cattle ranching, agriculture, and logging are exacerbated by mining's extensive environmental footprint, including pollution and infrastructure development. The analysis by Profundo, commissioned by Rainforest Foundation Norway, urges a reduction in consumption from forest regions.
Australia's wine industry is investigating using its 263-million-litre red wine surplus as biofuel for vehicles. The process involves distilling the wine to extract ethanol, potentially offering an alternative use for oversupplied product and supporting struggling grape growers.
Billions of dollars worth of investment will flow if the federal government mandates a percentage of biofuels be added to the nation's fuel supply, major investors say.
Billions of dollars worth of investment will flow if the federal government mandates a percentage of biofuels be added to the nation's fuel supply, major investors say.
Rolling coverage of the latest economic and financial newsNewsflash: Global food prices have risen for the third month running, as the Iran war drives up the price of energy and fertiliser.The United Nations’ FAO Food Price Index (FFPI) shows that prices of a basket of food commodities rose by 1.6% in April, adding to price rises in February and March.The price increase was further supported by expectations of reduced wheat plantings in 2026, as farmers shift to less fertilizer‑intensive crops amid high fertilizer prices, driven by elevated energy costs and disruptions linked to the effective closure of the Strait of Hormuz.International palm oil prices rose for the fifth consecutive month in April, largely underpinned by prospective higher demand from the biofuel sector, supported by policy incentives in several producing countries and higher crude oil prices. Additional upward pressure stemmed from concerns over lower production in Southeast Asia in the coming months.The drop in April was mainly driven by expectations of ample global supplies in the current season, reinforced by improved production prospects in key Asian producing countries, notably China and Thailand. The onset of the new harvest in Brazil’s key southern growing regions under favourable weather conditions further contributed to the overall decline in international sugar prices. Continue reading...
A biofuel company backed by the family office of tycoon Peter Lee Ka-kit will invest HK$10 billion (US$1.3 billion) in sustainable aviation fuel (SAF) production plants in the Greater Bay Area, a project that Hong Kong’s leader has hailed as a “milestone” collaboration between the city and mainland China. EcoCeres, a Hong Kong-based renewable fuel producer backed by the tycoon - who is also chairman of Towngas - unveiled on Tuesday plans to build an SAF plant in Dongguan as part of a green...
Australia exports billions of dollars worth of canola seed and corn husks to make sustainable jet fuel that is sold back to us. This is what it will take to make it here.
