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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

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High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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The Next Big Offshore Boom Is About To Happen in Brazil

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The auction was closely watched as a gauge of sentiment towards Brazilian oil exploration projects after a decade of Petrobras’ reign in the country’s continental shelf. After the oil price collapse and a huge corruption scandal, Petrobras has struggled to stay afloat, let alone find the billions of investments needed to develop new deposits.

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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LNG bunkering for ships is currently only available in a number of places in Europe, Incheon (Korea) and Buenos Aires (Argentina) but the world’s bunkering grid is developing. Barriers include the increased demand for fuel tanks, leading to a decrease in payload capacity and the relatively high capital cost of the system installation.