Sustainable Aviation Fuel
LanzaJet advances UK ethanol-to-jet SAF project
LanzaJet, Inc. has been awarded more than $13 million (£10 million) from the UK Department for Transport’s Advanced Fuels Fund (AFF) to accelerate development of Project Speedbird, a major sustainable aviation fuel (SAF) biorefinery in Teesside, United Kingdom
OXCCU raises $28 MM Series B funding to scale SAF from waste carbon
This new capital will enable OXCCU to accelerate its commercialization efforts, expand its operations, and advance its next phase of technology scale-up.
Exolum planning construction of new €100-MM energy transition terminal at the Outer Port of A Coruña, Spain
The project is conceived as an energy transition terminal, designed to progressively adapt to market developments, regulation and industrial demand, and will be equipped to operate with both conventional products and sustainable fuels, such as renewable ammonia, captured CO₂, green methanol, sustainable aviation fuel (SAF) and other biofuels.
Eni unveils new biorefinery project in Sannazzaro de’ Burgondi
Eni announced that it has received approval from the Italian Ministry of the Environment and Energy Security to convert selected units at the Sannazzaro de’ Burgondi (Pavia) refinery into a biorefinery.
U.S. total distillate inventories forecast to end 2025 and 2026 at multiyear lows
Lanzajet, Kazmunaygas (KMG) announce Kazakhstan’s first SAF project advances to engineering and design phase
KMG and LanzaJet recently completed a joint feasibility study, and have agreed to move to the next phase of project development, front-end engineering and design (FEED), during which all technical and economic solutions for construction of the plant will be finalized.
Brineworks raises €6.8 MM to scale direct air capture for eFuels, aiming for sub-€100/t CO₂ capture
Amsterdam-based climate tech startup Brineworks has secured €6.8 MM in new funding to accelerate commercialization of its ultra-low-cost direct air capture (DAC) technology.
Australia promises $735 MM to launch biofuel industry
The money, to be released over 10 yrs from 2028, is intended to stimulate private investment in products like biodiesel and sustainable aviation fuel (SAF).
- 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
