Sustainable Aviation Fuel
Leading olive oil producer Spain turns to olive stones for fuel
The use of pits to fuel boilers in homes and small enterprises, mills and even flights in Spain's olive-growing heartland shows the role the industry and the country's vast agricultural sector can play in helping decarbonise hard-to-electrify sectors, like aviation.
Refiner Neste warns of weaker biofuel outlook, shares drop
Finnish refiner Neste on Wednesday cut the margin outlook for its biofuel business for the third time this year due to falling prices and also lowered its expected sales volumes, sending the company's share price down 10%.
Brookfield to invest up to $1.1 B in Infinium to scale ultra-low carbon eFuels
Infinium, one of the world’s first producers of commercially available ultra-low carbon eFuels, and Brookfield Asset Management have announced a strategic funding partnership to accelerate the growth of Infinium’s eFuels platform.
Malaysia launches aviation decarbonization drive targeting net-zero emissions by 2050
Malaysia is targeting net-zero emissions in its aviation sector by 2050 through the launch of a decarbonization plan.
South Korea plans mix of sustainable aviation fuel for international flights from 2027
South Korea aims to ensure all departing international flights use a mix of about 1% of sustainable aviation fuel (SAF) from 2027. The step aims to prepare for a carbon offset and reduction scheme that becomes mandatory for members of the International Civil Aviation Organization (ICAO) starting from that year.
Acer, Cathay Cargo and Dimerco join forces to reduce carbon emissions via SAF
Cathay Cargo and Dimerco Express Group are joining forces to reduce carbon emissions in aviation. Acer and its logistics provider Dimerco have signed an agreement to support sustainable aviation fuel (SAF) use on Cathay Cargo’s flights, beginning from 2024.
China's biofuel firm Jiaao brings in bp as investor for SAF unit
Chinese biofuel firm Zhejiang Jiaao Enprotech said on Friday its sustainable aviation fuel (SAF) unit has entered an investment deal with bp, the first alliance involving a global oil major in China's nascent green aviation fuel.
IEEFA: Sustainable aviation fuel shows potential, but issues remain
The aviation industry faces challenges in the effort to reduce its carbon footprint. Sustainable aviation fuel (SAF) shows potential as a promising alternative to fossil fuels if cost barriers and other concerns are addressed.
U.S. FAA awards nearly $300 MM to SAF projects and technologies
The Federal Aviation Administration (FAA) announced that $291 MM in funding was awarded from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050.
U.S. economy to benefit from federal SAF incentives at Gevo’s planned Net-Zero 1 facility
Gevo Inc. has released a new report by Charles River Associates (CRA) demonstrating the benefits of sustainable aviation fuel (SAF) production, including at Gevo’s planned Net-Zero 1 (NZ1) alcohol-to-jet (ATJ) SAF facility in South Dakota (U.S.).
- Pemex to invest $5 B to revive petrochemicals and fertilizer industries 6/8
- Aramco selects McDermott for project management consultancy long-term agreement 6/8
- Celanese to optimize engineered materials compounding footprint in Asia region 6/8
- Uniper and Canada’s Ksi Lisims LNG sign Letter of Interest for LNG supply 6/8
- India launches gasoline blended with 85% ethanol at lower price 6/5
- U.S. oil exports surge, draining domestic crude inventories toward rock bottom 6/5
