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Asia Bets on Biofuels to Dodge Middle East Oil Shortages

Interest in developing biofuels has fluctuated and has been strongly driven by global energy trends.

Source OilPrice AI Summary Updated 2h 32m ago

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Interest in developing biofuels has fluctuated and has been strongly driven by global energy trends. In 2024, following the COVID-19 pandemic, the international call for a green transition, and the increased focus on developing cleaner fuels to decarbonise hard-to-abate industries, interest in biofuels grew. Biofuels were expected to play a major role in th…

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