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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets.

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Boeing, GOL Airlines collaborate to increase sustainable aviation biofuel supply in Brazil

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will work together to speed the research, development and approval of new sources of sustainable aviation biofuel in Brazil. The agreement between Boeing and GOL is a significant new step in efforts to advance an aviation biofuel industry in Brazil. Boeing and GOL Linhas Aereas Inteligentes S.A.

Brazil 239
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Supply Crunch Or Oil Glut: Investment Banks Can’t Agree

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This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. UBS, for its part, expects a 4-million-bpd supply gap by 2020. shale output. million bpd.

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EIA: US exported a record amount of fuel ethanol in 2017

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US imports of ethanol in 2017 increased compared with 2016 but remained relatively small at 77 million gallons, resulting in the United States being a net exporter of ethanol for the eighth consecutive year. US fuel ethanol was exported to 35 countries in 2017, but more than half of all exported fuel ethanol went to Brazil and Canada.

2017 236
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BASF introduces blockchain pilot project to improve circular economy and traceability of recycled plastics

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million tons of plastic waste in 2016. With reciChain, our goal is to revitalize the value of plastics and significantly improve circularity in the supply chain. The result is a more competitive circular supply chain rather than a linear one, extending the lifecycle of plastics. —Marcelo Lu, President, BASF Canada.

Economy 423
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Ballard signs LOI to provide hydrogen fuel cell modules to power 25 buses in Sao Pãulo, Brazil

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Ballard Power Systems has signed a Letter of Intent (LOI) with The City of Sao Pãulo, Brazil for 25 FCvelocity-HD6 fuel cell modules to power 25 buses in that city. Earlier in December, Ballard signed an equipment supply agreement with Van Hool NV, Europe’s fourth largest bus manufacturer, for 21 FCvelocity-HD6 fuel cell power modules.

Brazil 240
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Brazil’s UNICA opposes EPA’s proposed RFS changes; says sugarcane ethanol can meet volume requirements

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UNICA is the largest representative of Brazil’s sugar, ethanol, and bioelectricity producers; its members are responsible for more than 50% of Brazil’s ethanol production and 60% of Brazil’s sugar production. Brazil’s investment in sugarcane ethanol. Brazil’s sugarcane ethanol producers are investing more than $3.5

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