• 3 minutes 2nd Annual Great Oil Price Prediction Challenge of 2019
  • 6 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 11 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 14 minutes Democrats through impeachment process helped Trump go out of China deal conundrum. Now Trump can safely postpone deal till after November 2020 elections
  • 58 mins Shale Oil Fiasco
  • 5 hours Everything you think you know about economics is WRONG!
  • 2 hours Wallstreet's "acid test" for Democrat Presidential candidate to receive their financial support . . . Support "Carried Interest"
  • 15 hours Global Debt Worries. How Will This End?
  • 15 hours USA v China. Which is 'best'?
  • 1 day My interview on PDVSA Petrocaribe and corruption
  • 14 hours Judiciary impeachment: Congressman says Sean Misko, Abigail Grace and unnamed 3rd (Ciaramella) need to testify.
  • 23 hours Quotes from the Widowmaker
  • 2 days Petroleum Industry Domain Names
  • 15 hours Joe Biden, his son Hunter Biden, Ukraine Oil & Gas exploration company Burisma, and 2020 U.S. election shenanigans
  • 15 hours Winter Storms Hitting Continental US
  • 22 hours Tesla Launches Faster Third Generation Supercharger
OPEC+ Agrees To Deeper Output Cuts

OPEC+ Agrees To Deeper Output Cuts

The OPEC meeting ended with…

Why Carbon Capture Is Essential For UK Oil And Gas

Why Carbon Capture Is Essential For UK Oil And Gas

Investment in the energy sector…

Zimbabwe's Biodiesel Industry in Trouble

Biofuels have been heavily promoted in the hydrocarbon-poor third world as both a fuel source and a valuable earner of foreign currency.

Now however, The Reserve Bank of Zimbabwe is seeking to sell is 50 percent holding of Transload (Pvt) Limited, a biodiesel fuel manufacturing joint venture between Zimbabwe and South Korea’s Yuon Woo Investments.

In 2007 Transload (Pvt) Limited was established with massive publicity heralding the project as both a partial solution to the country’s chronic energy shortages as well as a valuable potential foreign revenue source, the Standard reported.

Given the plant’s intermittent operations many investment and economic analysts passed harsh judgment on the joint venture, with one commenting that no local investor would want to put money in such "a white elephant."

Labor and Economic Development Research Institute of Zimbabwe economist Nyasha Muchichwa starkly commented, "Chances are very minimal that anyone would put money into such a project considering our economic and political circumstances."

Complicating the plant’s operations, first of its kind in Africa, has been its inability to secure consistent feedstocks of jatropha seed and soya beans.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play