biofuels

Update news biofuels

PetroVietnam eyes Itochu stake in $80m ethanol plant

VietNamNet Bridge – PV Oil – the wholly owned subsidiary of the state-run PetroVietnam – recently said it was considering negotiating with Itochu and Licogi 16 to buy out a 71% stake in the joint venture to build an $80 million ethanol factory

Biofuel program: encouragement better than enforcement

Scientists believe that the government should encourage people to use biofuels instead of forcing them to do that.