BP has suspended plans to build a $600 million renewable fuels center at its decommissioned Perth refinery. One of the reasons the project has been put on hold is that the developer is reassessing the level of demand and return on investment. BP said it would adjust the delivery cadence of the Quinana renewable fuels […]
(NYSE: FF) (“FutureFuel” or the “Company”), a manufacturer of custom and performance chemicals and biofuels, today announced certain matters relating to its biodiesel production. production. In late December 2024, FutureFuel initiated an annual maintenance and overhaul of its biodiesel plant. The overhaul proved to be more extensive than anticipated. As a result, the Company currently […]
January 31 – Petrobras has received the international ISCC EU RED certification for the commercialization of renewable-content marine fuels at the Rio Grande Terminal (TERIG) in Rio Grande do Sul state. Petrobras produces VLS (Very Low Sulfur) B24, a blend of fossil-based fuels with 24% biodiesel, and in July 2024, Petrobras became the first company […]
Valero Energy Corporation reported fourth quarter financial results on January 30, reporting that its ethanol and renewable diesel divisions were both profitable in the quarter. The company also announced that its Sustainable Aviation Fuel (SAF) program in Texas is fully operational. The SAF program at DGD’s Port Arthur, Texas facility was successfully completed in the […]
On January 31, Renewables Now reported that Hong Kong-based SAF producer EcoCeres is planning an initial public offering (IPO) on the European stock exchanges. The deal, which is scheduled for next year, could raise between $500 million and $1 billion, depending on market conditions, and values the entire business at around $5 billion, according to […]
January 24, 2025 – The Carbon Market Association of India (CMAI) has announced the appointment of Vijay Nirani, Founder and Managing Director of TruAlt Bioenergy, as Co-Chair of the Sustainable Aviation Fuels Alliance (SAF) India. This groundbreaking initiative will be officially launched at the inaugural India Climate Week (ICW) 2025, to be held February 3-7, […]
LanzaJet announced on January 22 that it has selected Wilton International Airport on Teesside for its next production facility, the Speedbird project. LanzaJet has partnered with Sembcorp Utilities (UK) Limited, a wholly owned subsidiary of Sembcorp Industries Limited, to develop an ethanol-based SAF facility at Wilton International in Teesside, UK. In partnership with British Airways, […]
Enilive announced on January 22 that its first Sustainable Aviation Fuel (SAF) plant has been commissioned at the Gela biorefinery in Sicily, Italy, with a capacity of 400,000 tons per year. This is nearly one-third of the projected European SAF demand in 2025 following the implementation of the ReFuelEU aviation regulation. Under the ReFuelEU aviation […]
On January 22, Achmad Maulizal, an official of the Indonesian Plantation Fund Authority (formerly the Palm Oil Fund Agency), said the agency has resumed fund disbursement after a brief pause to support biodiesel subsidies and oil palm replanting programs. This follows a comprehensive reorganization last week due to the expansion of the agency’s functions to […]
On January 16th, Senator Jerry Moran, Republican of Kansas, and bipartisan colleagues reintroduced the Farm to Flight Act to accelerate the production and development of sustainable aviation fuels (SAF). The Farm to Flight Act seeks to expand the market for U.S. crops in aviation bioenergy by clarifying SAF eligibility in the USDA Bioenergy Program. The […]