Posts Tagged ‘nearly-kill’
Verbio biodiesel production falls 18 percent; company says German demand has collapsed on high feedstock costs, low diesel prices and higher taxes
In Germany, Verbio said that its biodiesel production has fallen from 93,907 in the first quarter of 2009 to 78,866 tonnes in Q1 2009 , compared to a production capacity of 112,000 tonnes per quarter. The company said that high feedstock prices and falling prices for fossil [Read More]
Renewable energy adds more global capacity than conventional energy in 2008; 73 countries now have RE targets
In France, a report by REN21 concluded that, for the first time, more renewable energy capacity was added in a calendar year than conventional energy . The group reported that global power capacity from renewable energy rose 16 percent in 2008, and said that 73 countries [Read More]
EIA projects global oil demand will shrink 1.8 million barrels of oil in 2009; oil prices projected at $52 for’09, rising to $58 in ‘10
The Energy Information Administration is projecting that global oil demand will shrink 1.8 million barrels per day in 2009 . The forecasted decline has been increased from 1.4 million barrels, as projected in April. The EIA is projecting crude oil prices at $52 per barrel [Read More]
