Initiatives for biofuel reduced import costs by Rs 91k crore: Puri

India’s energy consumption is expected to treble by 2047, according to Minister of Petroleum and Natural Gas Hardeep Singh Puri. He was addressing following Tuesday’s opening of the three-day Energy Technology Meet (ETM) 2024, which was co-hosted by Indian Oil Corporation (IndianOil) and organized by the Centre for High Technology (CHT). He emphasized India’s biofuel

Nufarm to expand biofuel platform with R&D partnerships

Nufarm has announced the establishment of strategic R&D partnerships to further expand its bioenergy and sustainable oil platforms. In recent years, the company acquired biomass oil trait technology developed by CSIRO, Australia’s national science agency, comprising an estate of patents relating to technology traits that, when deployed into crops, enable novel production and accumulation of

Be8 will produce a new biofuel to decarbonize faster.

Be8 declares that Be8 BeVant will begin manufacturing in the upcoming month. With its revolutionary bio-distilled methyl ester biofuel, Be8 BeVant, fossil diesel can be completely replaced while lowering greenhouse gas emissions by as much as 50%. All the company needs to begin operations is a license from the National Agency of Petroleum, Natural Gas,

Tidewater Launches Biodiesel Distribution Hub

Tidewater Transportation and Terminals honored the formal opening of its terminal expansion. This development comprises a thorough biofuel and renewable diesel distribution center at Pasco, Washington’s Snake River Terminal. With a $3.1 million grant from the U.S. Department of Agriculture meant to improve the facility’s capacity, the project attracted notable support. Increasing the supply of

IndianOil forms JV with EverEnviro to boost biofuel adoption in India

IndianOil has announced a 50-50 joint venture company with EverEnviro Resource Management focused on advancing the use of biofuels across India. Santanu Gupta, Executive Director (Alternative Energy) at IndianOil, and Mahesh Girdhar, MD & CEO of EverEnviro, signed the agreement in the presence of senior managers from both organizations, including IndianOil’s N Senthil Kumar, Alok

GBA signs agreement to set up its secretariat in India

In a significant move, India signed the Host Country Agreement (HCA) with the Global Biofuels Alliance (GBA) to officially establish the Alliance’s Secretariat in India.According to a statement of Ministry of External Affairs on Friday, the agreement was signed by Dammu Ravi, Secretary (Economic Relations) from the Ministry of External Affairs, and Pankaj Jain, Secretary

Eni signs 3 MoUs on emission reduction with SOCAR

Eni SpA E, Italy’s leading oil and gas company, and Azerbaijan’s state energy company, SOCAR, have signed three pivotal Memorandums of Understanding. These agreements are aimed at advancing energy security, cutting greenhouse gas emissions and bolstering the biofuel production chain. The agreements were finalized during the visit of Ilham Aliyev, president of the Republic of Azerbaijan.

Nitin Gadkari proposes turning garbage into value

Union Minister Nitin Gadkari emphasized the importance of monetizing waste to both safely dispose of it and generate revenue, suggesting that garbage should become so valuable that people vie for the right to acquire it. Speaking at an event organized by Akhil Bharatiya Sthanik Swarajya Sanstha, Gadkari highlighted the role of waste monetization in enhancing

Aviation industry to use 20% biofuels made from stubble: Gadkari

Union Minister Nitin Gadkari announced in the Rajya Sabha that India’s aviation industry is set to adopt 20% bio-aviation fuel within the next five years. Gadkari explained that this initiative will start with stubble (parali) as a key raw material, with farmers receiving Rs 2,500 per ton for their contributions. Gadkari also discussed the use

Ethanol used in petrol now more from maize, damaged foodgrains

This is the first time that the contribution of grains to India’s ethanol production has surpassed 50% — from 27.1% in 2022-23, 16.7% in 2021-22, 13.6% in 2020-21, 9.2% in 2019-20, 5% in 2018-19 and zero in 2017-18. In the current supply year (November 2023-October 2024), sugar mills and distilleries supplied 401 crore litres of