Biofuels
Ireland could start producing sustainable jet fuel from 2030
Ireland's offshore wind power plans could see it produce SAF from around 2030 but "significant progress" is needed to develop SAF at scale.
Market prices for Renewable Fuel Standard credits are falling
The prices of ethanol and biomass-based diesel renewable identification number credits—the compliance mechanism used for the Renewable Fuel Standard program administered by the U.S. Environmental Protection Agency—each fell by more than one third between September 1 and October 16.
Vitol to launch specialist biofuel bunker barges in early 2024
Global energy trader Vitol will be delivering specialized bunker barges at Singapore in early 2024, and will be able to offer a range of biofuel blends through its subsidiaries V-Bunkers and Vitol Bunkers.
Evergreen and CIP team up to explore green shipping fuels
Evergreen Marine Corporation and Copenhagen Infrastructure Partners have signed a Memorandum of Understanding to jointly explore production and usage of carbon-neutral e-fuels.
Asia's lack of biofuels demand hinders investments
A lack of biofuels demand in Asia-Pacific is making it hard for companies to justify pumping billions of dollars into projects in the region despite growing decarbonization efforts worldwide.
Louis Dreyfus to construct Ohio (U.S.) soy crush plant for food, feed, and biofuel
Global crop merchant Louis Dreyfus Company will build a new soybean processing plant in the U.S. state of Ohio adding to a boom in oilseed crush investments in North America encouraged by biofuel use.
Emirates expands collaboration with Neste for the supply of SAF in 2024 and 2025
Emirates and Neste have expanded their partnership by solidifying their collaboration for the supply of over 3 million gallons of blended Neste MY Sustainable Aviation Fuel in 2024 and 2025.
Ryanair purchases 500 tons of SAF from OMV
Ryanair has purchased 500 tons of SAF from OMV, the international integrated oil, gas and chemicals company.
Proman, Mitsubishi sign MoU to develop world-scale ultra low-carbon ammonia plant in Lake Charles (U.S.)
Proman has signed an MoU with Mitsubishi Corporation to explore building a world-scale ultra low-carbon ammonia facility in Lake Charles, Louisiana.
KBR launches PureM, an advanced green methanol technology
KBR announced that it has developed an advanced green methanol technology, PureM, augmenting its leading portfolio of clean ammonia and hydrogen technologies.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
