The environment

Oil prices have rallied from US$27/bbl at the start of this year to above US$50/bbl this month, according to ING research.

SCCS has welcomed the launch of the Carbon Capture and Storage Association’s new report, resulting from the UK’s cancelled Carbon Capture and Storage Competition.

Greenbelt Resources has secured a US$170 000 investment for clean energy technology.

Extending policies for tax credits and efficiency standards would help reduce energy-related carbon dioxide emissions, by reducing motor fuel use, and energy use in buildings, by increasing efficiency.

Enterprise is investigating a fire at its recently acquired natural gas processing plant in Pascagoula, Mississippi.

An Australian green fuel biorefinery, capable of producing renewable diesel and jet fuel, supported by Australian Renewable Energy Agency.

Proposed fuel economy and greenhouse gas emissions standards would increase fuel economy and reduce diesel consumption in medium and heavy duty vehicles.

Newsweek has placed Praxair in its Green Rankings as a top green company.

The Global CCS Institute has released two new reports that say 8 billion tonnes of industrial emissions are being overlooked in the climate fight.

Prices of carbon dioxide emission allowances in the Regional Greenhouse Gas Initiative (RGGI) have fallen for the second auction in a row.

Volvo Car has launched its new V90 station wagon with Westport's BiFuel technology.

Alliance AutoGas have launched a conversion system for Ram ProMaster, which offers customers a wide assortment of vehicle choice and options for fleets.

The International Emissions Trading Association (IETA) aims to assist in ensuring that the transition is made in a way that preserves climate ambition and market continuity.

Southern Oil and JJ Richards & Sons have announced a multi-million dollar biocrude and biofuel laboratory is to be constructed over the coming months.

According to Frank Macchiarola from the API, lawmakers need to fix the RFS programme to protect consumers from high ethanol mandates.