Oceania Biofuels is latest company to halt biofuel project

Oceania Biofuels is halting a planned $339 million (€310 million) biofuels project in Gladstone for sustainable aviation fuel and renewable diesel. This news comes from a project status report from the Australian government’s Environment Protection and Biodiversity Conservation (EPBC). The project, launched in 2022, was hailed by the Queensland state government as a great boost