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Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

Green Car Congress

signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Initial purchase orders, valued at an aggregate of $9.1 of the current world demand for non-fossil oil for biodiesel. Casterra Ag Ltd. ,

Oil 276
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ExxonMobil increases purchases of renewable diesel from Global Clean Energy Holdings to up to 5M barrels per year

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ExxonMobil and Global Clean Energy have expanded their five-year agreement to increase ExxonMobil’s purchase of renewable diesel to up to 5 million barrels per year. The renewable diesel leverages Global Clean Energy’s patented camelina crop, which can significantly reduce life-cycle greenhouse gas emissions. Earlier post.).

Purchase 186
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NEXT Renewable Fuels and Shell Trading (US) enter renewable diesel purchase and sale agreement

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(NEXT) and Shell Trading (US) Company (Shell) have entered a long-term purchase and sale agreement for the purchase of renewable diesel from NEXT’s planned Port Westward, Oregon facility. generation advanced biofuels, including renewable diesel, renewable propane and renewable naphtha to supply contracted off?take

Renewable 268
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Global Clean Energy buys Bakersfield refinery for $40M, converting to produce renewable diesel

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through a subsidiary, has purchased Alon Bakersfield Properties, Inc., The total cash consideration paid to Delek US Holdings for the purchase was $40 million. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Global Clean Energy Holdings, Inc., a subsidiary of Delek US Holdings, Inc.

Renewable 389
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2019 NTEA Fleet Purchasing Outlook reveals continued strong demand for biodiesel in diesel trucks

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New research released by NTEA – The Association for the Work Truck Industry confirms that fleets across the country are increasingly relying on biodiesel for their existing and new diesel vehicles. It is highly likely that clean energy solutions will remain relevant due to oil price instability.

Purchase 207
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Aemetis India Plant to supply $41M of biodiesel in two-month period to OMCs and India oil refiners

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Aemetis announced that its Universal Biofuels subsidiary in India, owner and operator of a biodiesel plant located near the Port of Kakinada on India’s east coast, was selected by the three government-controlled oil marketing companies (OMCs) and a major oil refiner to supply approximately 8,000,000 gallons of biodiesel over the next two months.

India 243
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Oleo-X launches merchant pretreatment facility for renewable diesel and sustainable aviation fuel feedstocks

Green Car Congress

Oleo-X, a producer of premium renewable fuel feedstocks, launched its renewable diesel (RD) and sustainable aviation fuel (SAF) feedstock merchant pretreatment facility. Oleo-X can process low-carbon, inedible oils—including poultry fat—without blending in high-quality oils taken from the food industry.

Renewable 199