A common algae used in making fish food has been found to be a potential source for both biodiesel and jet fuel, according to a new study. Researchers exploited chemical compounds found in commercially-grown algal species, Isochrysis, to synthesize the two different fuel products in parallel, a study published in the Energy & Fuels journal said. “It’s novel…. It’s far from a cost-competitive... 

The European Union has imposed anti-dumping duties on biodiesel imports from Argentina in a move dubbed by Buenos Aires as “aggressive protectionism,” Press TV reports. The decision by Brussels to levy 10.6-percent tariff on biodiesel took effect on Friday and will be in force for six months. Argentina’s Foreign Ministry slammed EU’s decision, saying, “The measure is due to the inability... 

A rally has been held to back Argentine president for her decision to expropriate 51 percent stake in energy company YPF from its controlling shareholder, Spain’s Repsol, Press TV reports. Ruling party top officials and lawmakers joined the rally on Friday at Velez soccer stadium in Buenos Aires, where demonstrators waved national flags. “When I announced I was sending this project to the congress,...