China should introduce mandatory standards for edible oil transport to reduce rising food safety concerns among consumers, according to experts quoted in a China Daily report.

Global agribusiness giant Cargill is halfway through construction of its new canola plant in Saskatchewan, Canada.

Olive oil production in Uruguay has been impacted by drought conditions followed by rain during the harvest, Olive Oil Times wrote.

Indian multinational food and beverage conglomerate Adani Wilmar, which also produces oleochemicals, has acquired a 67% stake in speciality chemical company Omkar Chemicals, Startup Story reported.

Ukrainian rapeseed exports to the European Union (EU) increased by around 6% in 2023/24 to just under 3.2M tonnes, making it the bloc’s leading supplier of the oilseed, Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) reports.

US energy company Phillips 66 has achieved full production rates of renewable diesel/SAF at its Rodeo facility in California.

Speciality chemical company Evonik is set to increase sodium methylate production at its Rosario plant in Sante Fé province, Argentina, to raise biodiesel productivity and reduce production costs across South America, the company said on 12 July.

The European Commission (EC) is set to impose provisional anti-dumping duties on imports of hydrotreated vegetable oil (HVO) and fatty acid methyl esters (FAME) from China, the European Biodiesel Board (EBB) reports.

British multinational oil and gas company bp is set to invest US48.54M (CNY 353M) in acquiring a 15% stake in Chinese renewable diesel and sustainable aviation fuel (SAF) producer Lianyungang Jiaao New Energy, according to a S&P Global report.

Romanian energy company OMV Petrom has signed an agreement with oilseed processing company Expur to supply fully refined vegetable oil for renewable fuel production.

The French government has approved the sale of transport fuels made from 100% renewable materials, such as hydrotreated vegetable oil (HVO), in the country, according to Finnish biofuel producer Neste.

Spain’s imports of Argentinian olive oil more than doubled in 2023 compared to the previous year due to a poor harvest and rising prices, according to a report by Olive Oil Times.

Spanish multinational oil and gas company Cepsa and the European Investment Bank (EIB) have signed a €285M (US$312M) loan agreement to finance the construction of an advanced biofuels plant in Spain.