Stations in large cities have avoided raising gasoline prices to maintain sales, despite rising refinery costs. Since April, the wholesale cost increased by 59%, while prices at the pump fell 4% in the state of São Paulo, according to data from Petrobras and the National Petroleum Agency (ANP), reported Bloomberg.
India – OMCs reduce ethanol offtake amidst coronavirus lockdown as gasoline demand plunges [Full subscriber]
With the demand for transportation fuel down by over 50% amidst the coronavirus lockdown, producers are facing difficulties in supplying ethanol to the oil marketing companies (OMC) who blend it in fuel, according to local press reports.
Some ethanol producers worldwide said demand is up for their products due to customers stockpiling hand sanitizer – which can be made using the industrial ethanol – as the coronavirus outbreak worsens, reports Reuters.
Researchers at the University of Central Florida have determined that ethanol is the best biofuel when it comes to producing the least amount of soot, a deadly by-product of combustion.
A technology developed at the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL) and scaled up by Vertimass LLC to convert ethanol into fuels suitable for aviation, shipping and other heavy-duty applications can be price-competitive with conventional fuels while retaining the sustainability benefits of biobased ethanol, according to a new analysis.
India’s commerce ministry has turned down a request by the US to reduce the import duty on denatured ethanol entering the country, according to two senior government officials.
The Brazilian government has renewed and increased the size of its tariff-free quota for ethanol imports from 600 million litres to 750 million litres, but the new allotment will last only one year instead of the two years allocated to the former quota that expired on 31st August, according to the country’s official gazette, reported Reuters.
India’s average blending rate for ethanol in gasoline is expected to reach a record 5.8%, up from a previous record 4.1% last year and considerably higher than historical levels according to the United States Department of Agriculture’s Foreign Agriculture Service recent report.
As a structural sugar exporter, El Salvadoran sugar millers have been hit low sugar prices and are now planning to diversify by expanding into cane-based biofuels production, said yesterday the president of the Sugar Association of El Salvador (AAES), Mario Salaverría, according to local press reports.
The Trump administration lifted restrictions on the sale of higher ethanol blends of gasoline on 31st May, keeping a campaign promise to farmers suffering from the trade war with China but drawing a legal threat from the oil industry and environmental groups.