Alternative fuels
Standard Bank invests in biodiesel
South Africa-based Standard Bank has entered the biodiesel sector with an $8 million equity investment in Biodiesel Energy Trading (BET).
Ethanol
The production of ethanol – a component of gasoline – is growing fast, which has led to the imminent launch of two ethanol futures contracts and a joint production venture involving Sempra Energy. By Joe Marsh
Spectron to launch LPG web-trading platform
UK energy broker Spectron will launch an online trading platform for liquefied petroleum gas (LPG) on Tuesday (February 22). Spectron said the screen will be the first to allow the trading of LPG in both the east and west, as outrights or spreads, and…
Grain versus cane
Since Nybot listed a new futures contract for ethanol in May, the product hasemerged as a critical ingredient in US refining. Gasoline traders may find themselvesworrying about crop reports as much as they monitor Opec meetings and Nymex crude. Sandy…
At ease with ethanol
Central Illinois Energy, a US farming co-op, is in the process of building anethanol plant. And it has already started to think about hedging, reflectingthe growing sophistication of the US ethanol market. PaulLyon reports
Amerada Hess forms LNG division
US energy company Amerada Hess has formed a joint venture with an affiliate of New York-based Poten & Partners, to be known as Hess LNG. The joint venture will be based at Amerada's New York headquarters and will pursue investments in liquefied natural…
Life without MTBE
The changeover from the use of MTBE as a gasoline blending component, to ethanol,in New York State and Connecticut on January 1, 2004 is likely to lead to pricevolatility in the oil market and make risk management using the Nymex Unleadedcontract far…
LNG could rescue the US
Sandy Fielden of energy market specialist Logical Information Machines looks at a potential solution to the US natural gas supply crisis: liquefied natural gas
Cleaning up in California
As oil majors embrace the use of ethanol in Californian gasoline, analysts are warning that it will cause a rise in prices at the pump, as Kevin Foster discovers
