Forecourt Trader - 30 years at the heart of the fuel retailing community

Oil companies fail to meet RTFO

01 February, 2010
Page 4 

Major oil companies have failed to demonstrate the sustainability of their biofuels, according to the Renewable Fuels Agency, in its latest report on the impacts of the biofuel supplied in the first year of the Renewable Transport Fuel Obligation (RTFO). The report

claims that fossil fuel suppliers Morgan Stanley and Topaz have missed all three government performance targets, while Chevron, Murco and Topaz failed to report any fuel meeting the RTFO's Environmental Qualifying Standard. As well as companies with poor results, there were several that failed to have their data verified to the RFA's satisfaction, such as BP, Murco and Prax.

At the other end of the scale, ConocoPhillips, Greenergy and Mabanaft are identified for meeting all three government targets. ConocoPhillips and Mabanaft sourced feedstock certified to the British 'ACCS' sustainability standard; Greenergy undertook independent sustainability audits of Brazilian sugar cane; and Mabanaft and Greenergy supplied much of their fuel from wastes and byproducts.

The RFA's CEO Nick Goodall said: "Many companies are meeting the challenge of sourcing biofuels responsibly. However, too many are lagging behind and dragging overall performance down... Companies like Morgan Stanley and Topaz need to make a step change in performance."





  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 9 July 2018
RegionDieselLPGSuper ULUL
East131.9863.50137.96128.56
East Midlands131.22139.91128.09
London132.0063.90140.12128.84
North East131.0264.90140.64127.46
North West131.2157.70139.91127.57
Northern Ireland130.4269.90135.40127.64
Scotland131.53135.41127.88
South East132.2056.90139.61129.13
South West131.65137.84128.39
Wales131.3059.90135.44127.73
West Midlands130.86137.08127.70
Yorkshire & Humber130.6370.90139.43127.69

Most read

Are you hopeful the government inquiry highlighting the malign impact of unregulated hand car washing will significantly reduce the number of cowboy operators?

Calendar

See all events