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Environment

Boeing secures its biggest purchase of Neste MY Sustainable Aviation Fuel through EPIC Fuels and Avfuel

Boeing has agreed to purchase 7.5 MM gallons of blended Neste MY Sustainable Aviation Fuel in 2024 to support its U.S. Commercial Airplanes business operations in reducing its greenhouse gas emissions.

Singapore aims for over 1 MMt of low-carbon methanol bunker supply by 2030

Singapore has the potential to supply over 1 MMt of low-carbon methanol annually by 2030 to meet rising demand for alternative bunker fuel.

BASF broadens its range of bio-balanced ingredients for European detergent, cleaning, and industrial formulations

BASF is expanding its biomass-balanced EcoBalanced product range, doubling up on its commitment as a trailblazer in championing environmentally conscious solutions for detergent and cleaning products manufacturers and industrial formulators

Neste to supply SAF to Air New Zealand at Los Angeles International Airport

Neste and Air New Zealand have signed an agreement for the supply of nine million liters of neat Neste MY Sustainable Aviation Fuel.

Prada Group announces first investment in SAF credits in partnership with DHL Global Forwarding

Prada Group announces its first investment in SAF credits, utilizing DHL Global Forwarding’s GoGreen Plus service.

JX to join forces with Sumitomo at large scale SAF project in Louisiana (U.S.)

JX Nippon Oil & Gas Exploration Corporation and Sumitomo Corporation executed consortium agreements to manage investment in the Louisiana Green Fuels BECCS project at Port of Columbia, Caldwell Parish, Louisiana (U.S.).

ClassNK awards approval in principle for methanol fuel supply system developed by Mitsui E&S Shipbuilding

ClassNK reviewed Mitsubishi Shipbuilding's system conceptual design based on part A of its "Guidelines for Ships Using Alternative Fuels," integrating IMO Interim Guidelines, and issued the AiP upon confirming compliance with prescribed requirements.

Maersk names second vessel of its large methanol-enabled fleet “Astrid Maersk” in Japan

In a ceremony held in Yokohama, Japan today, the world's second large methanol-enabled container vessel was named "Astrid Mærsk".

Trafigura consortium in talks to buy Exxon oil refinery in France

Rhone Energies, a consortium of commodity trader Trafigura and Entara LLC, is in exclusive negotiations with Exxon Mobil's ESSO SAF to acquire the Fos-sur-Mer refinery in southern France and the Toulouse and Villette de Vienne terminals.

Avril expects biofuel-driven profit surge by 2030

French oilseeds group Avril expects its core profit to increase by over half by the end of the decade as its crop-based food, fuel and industrial products meet demand for lower-carbon goods.