OECD Calls Out Biofuels: ‘Cure Worse Than the Disease’

Global Refining & Fuels Report: Top Stories	September 12, 2007
Theresa Ward, Managing Editor, Newsletter Group	E-mail

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Volume 11, Issue 18

Top Stories
Valero Reveals Future Refinery Projects
DaimlerChrysler Q2 Earnings Decline
U.S. RFS Program Takes Effect
Toyota Projects Record Year in 2009
OECD Calls Out Biofuels: ‘Cure Worse Than the Disease’
Congressman, Organizations Say FTC ‘Hot Fuel’ Opinion Based on Calculation Error
U.S. EIA: Gasoline Retail Prices Expected to Decline to $2.63/gal
Market Snapshot
Brent
Gasoil
News from Americas
TIMEC Set to Begin Work on Frontier Refinery Next Month
Costa Rica’s Recope Gets Two Bids for Refinery Revamp
DuPont Purchases IsoTherming Refinery Technology
Chevron Restarts Some Units at Pascagoula Refinery
Joint Venture Plans Small Refinery in Alberta
Toyota North America Exec Named Chrysler Vice Chairman and President
Sinclair Plans 60% Expansion of Tulsa Refinery
Husky Plans to Reconfigure Lima Refinery to Process Alberta Oil Sands
PDVSA Plans Expansion of El Palito Refinery
Shell Given Permission to Reopen Argentina Refinery
News from Middle East / Asia
South Korea’s GS to Build Refinery in Egypt
Report: HPCL to Go Forward on Visakhapatnam Expansion Without Total, KPC
Petrobras Signs Biofuels Agreement with Bharat Petroleum
India’s Essar Oil Aims to Raise $750 Million for Vadinar Refinery Expansion
Sinopec, ExxonMobil, Saudi Aramco Secure Financing for Quanzhou Refinery Expansion
India’s Ethanol Blending Falls Behind Schedule
Report: Shell Gets Contract for KPC Refinery Upgrade
News from Europe / Africa
Murphy Oil Buys Total’s Stake in U.K. Refinery
KazMunaiGas Could Buy Remainder of Rompetrol
Lukoil Delays Bulgarian Refinery Repairs Until Next Year
Total to Construct New Unit at German Refinery
European Commission Approves BP Biofuels Venture
Foster Wheeler Gets Contract for Cepsa Refinery Project
Toyota to Test Plug-in Hybrids in France
Sweden’s Skanska Tapped to Build Two Units at Petrobras Refinery
Czech Republic’s Biodiesel Mandate Takes Effect
Report: Reliance Could Buy Stake in Kenyan Refinery
Total Plans to Set Up Retail Network in Algeria
Market Report
NYMEX Crude Price Breaks Record Despite OPEC Pledge to Increase Production

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