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Latest OFI Magazine News

Removal of ancient olive trees prompts clashes in Italy

5 minutes ago

Protesters and police clashed in southeastern Italy as contractors were preparing uproot up to 10,000 olive trees to make way for the controversial Trans Adriatic Pipeline (TAP), which is set to move gas from Azerbaijan to Europe.

EBB: Poland harms EU biodiesel industry and climate efforts with ‘unfair’ exports

July 21, 2017

“Unfair” Polish biodiesel exports are seriously damaging the EU internal renewable fuels markets and no action has been taken to correct the situation, the European Biodiesel Board (EBB) claims.

Unilever suspends palm oil purchases from Sawit Sumbermas Sarana due to deforestation

July 20, 2017

Global consumer goods giant Unilever suspended on 27 June sourcing of materials from Indonesian palm oil company Sawit Sumbermas Sarana (SSS) after a report linked the firm with unsustainable palm oil practices.

NBB files claim alleging Argentine biodiesel has caused ‘critical circumstances’ in USA

July 20, 2017

US biodiesel trade association National Biodiesel Board’s (NBB) Fair Trade Coalition filed a complaint on 11 July with the US Department of Commerce (DoC) that claims that Argentine biodiesel imports have pushed the US market to “critical circumstances”.

Soyabeans clog up Chinese ports due to import spree

July 19, 2017

Chinese ports are facing severe congestion with ships carrying as much as 700,000 tonnes of soyabeans waiting to discharge their cargo as a result of a purchase spree in recent months.

Croatian retail giant’s debt issues shake regional olive oil market

July 18, 2017

Agrokor, a Croatian food and retail concern, is planning to close up to 100 of its Konzum grocery stores, which could affect regional olive oil prices and cut its olive oil production.

Study: Olive oil may be a safer choice for frying than other oils

July 17, 2017

Spanish researchers have released a study suggesting that using olive oil to fry food is not any more harmful than using other oils, and it may in fact be safer.

Raízen plans to boost ethanol production with next-generation technology

July 14, 2017

Brazil’s largest sugarcane ethanol producer Raízen is planning to scale up production by more than five-fold at its new second-generation biofuel plant over the next two years.

Syngenta loses GM corn court case in Kansas

July 13, 2017

A Kansas, USA, court has awarded US$217.7M in compensation to farmers who claimed to have been damaged by Swiss seed firm Syngenta introducing a new corn strain to the market.

Shell and SBI sign agreement to develop waste oil biofuel technology

July 12, 2017

Anglo-Dutch oil and gas firm Royal Dutch Shell’s subsidiary Shell International Exploration and Production has been granted exclusive development and licensing rights to SBI BIoEnergy’s biofuel technology.

UK producers to lead rebound in EU ethanol production in 2017

July 11, 2017

Increased production at UK alternative energy company Ensus’ and Vivergo’s plants is expected to spearhead an upturn in EU ethanol output, leading to record highs.