Biofuels
Repsol achieves certification to trade SAF within RSB’s book and claim system
Repsol has received certification by the Roundtable on Sustainable Biomaterials (RSB), giving the company access to sell its SAF within the RSB Book & Claim System.
Finland's Neste shares plummet on downbeat biofuel sales margin outlook
Shares of Finland's Neste plummeted after the biofuels producer and oil refiner posted fourth-quarter operating profit below expectations and forecast a lower 2024 renewable products sales margin than last year's.
Marine biofuel premiums soften at top bunker hub Singapore
Spot premiums of marine biofuel fell at world's largest bunker hub Singapore in early 2024, several market sources said, weighed by lukewarm demand, lower biofuel feedstock costs and a stronger underlying benchmark for residual fuel oil.
Sugar Valley Energy bio-refinery to address SAF market
Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley, intends to produce SAF for the airline industry.
Enerkem to retire its Edmonton Biofuels facility
Enerkem announced that it will be retiring its Enerkem Alberta Biofuels plant in Edmonton.
New catalyst system to produce renewable diesel and SAF
Hydroprocessing investments in sustainable fuels are gaining momentum, with a pipeline of up to $50 B expected by 2025 involving more than 250 projects, the majority of which focus on hydroprocessed esters and fatty acids (HEFA).
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.
- China's March jet fuel exports jump 77.4% from a year earlier 4/18
- Nigeria strikes deal with Shell to supply $3.8-B methanol project 4/18
- Singapore fuel oil stockpiles rebound to 8-week high on higher imports 4/18
- Clariant launches new CATOFIN 312 propane dehydrogenation catalyst 4/18
- Solvay inaugurates new blowing agent production unit in Rosignano, Italy 4/18
- Meridian Energy Group’s Davis Refinery Project in North Dakota (U.S.) will be the world’s first net-zero carbon refinery 4/17
