Biofuels
Italy's Eni, LG Chem press ahead with South Korea's biorefinery project
Eni's sustainable mobility unit Enilive has signed joint venture agreement with LG Chem to develop a biorefinery in South Korea.
India’s corn prices rise, exports fall after the government raised procurement price for ethanol
India's corn exports have almost ground to a halt since December due to a rally in local prices on strong demand from the poultry and ethanol industry, making shipments from the country more expensive than those from rivals.
Singapore's marine biofuel demand could double by 2025
Marine biofuel demand at the world's largest bunker hub Singapore could potentially double by 2025 to almost 1 MMt from 2023 levels as shippers seek to cut emissions.
Indonesia 2024 unblended palm oil biodiesel consumption seen at 12.5 MMt
Indonesia is targeting 12.5 MMt consumption of unblended biodiesel made from palm oil this year.
Denmark announces alliance on green fuels in India
Maersk, one of the founding members of the Green Fuels Alliance India, will take a seat on the steering committee as one of the representatives of the maritime industry for the conversations around green fuels.
Air Europa to fly to Havana with Cepsa's second-generation biofuels
Cepsa and Air Europa have sealed an alliance whereby the energy company will supply 14.4 tons of SAF to the airline for one year to cover the first monthly Madrid-Havana flight.
Brazil's Petrobras mulls Mubadala refining partnership
Brazilian state-run oil company Petrobras said it will analyze a proposal from Abu Dhabi sovereign investor Mubadala on creating a strategic refining and biorefining partnership in the northeastern state of Bahia.
Eni's Plenitude unit valued at 10 B euros in deal with EIP
Eni has agreed to sell a 9% stake in its low-carbon and retail unit Plenitude to Energy Infrastructure Partners (EIP) through a deal that values the unit at 10 B euros ($11 B) including debt.
EU to investigate Chinese biodiesel dumping allegation
The European Union said it would begin an anti-dumping investigation into biodiesel imports from China, which the bloc's industry says has slashed domestic production.
Höegh Autoliners and VARO partner to accelerate sustainable shipping
VARO Energy and Höegh Autoliners announced a strategic partnership aimed at advancing the decarbonization of maritime sectors. This collaboration focuses on supplying 100% advanced biofuels for deep-sea transportation from Europe, underpinning both companies’ voluntary commitments to superior sustainability standards.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26