As the European Union accelerates its renewable energy transition, EcoCeres has released a position paper calling for a robust, transparent, and fraud-resistant verification system to uphold the integrity of sustainability claims in the biofuels sector. EcoCeres emphasizes that all biofuel producers must adhere to unified standards and maintain transparent data to ensure that sustainability claims […]
On August 1, renewable fuel producer EcoCeres Inc. announced a partnership with Xiamen Airlines to jointly promote the localized collection and production of Sustainable Aviation Fuel (SAF). The two parties will leverage EcoCeres’ existing supply chain network to collect used cooking oil (UCO) from selected restaurant partners and transport it to EcoCeres’ production facilities, where […]
According to the Bangkok Post, Thailand’s Department of Energy Business recently announced that the country plans to officially release its first national standard for Sustainable Aviation Fuel (SAF) next year, aiming to accelerate the aviation industry’s carbon reduction efforts. Sarawut Kaewtathip, Director-General of the Department, stated that the draft is being developed with reference to […]
Recently, Laos officially launched a pilot project to produce biodiesel from waste cooking oil, aiming to foster innovative energy technologies and sustainable business models. Supported by the Asian Development Bank (ADB) and implemented in partnership with the Lao Ministry of Industry and Commerce, the pilot plant is designed to produce 500 liters of biodiesel per […]
XCF Global has unveiled a strategic plan to invest nearly $1 billion (€860 million) over the next three years to build a network of sustainable aviation fuel (SAF) production facilities. This move aims to expand its U.S. operations and accelerate international growth. Since its inception, the company has invested over $350 million (€300 million) in […]
On July 28, the European Commission approved a €36 million ($41.07 million) Danish state aid scheme aimed at promoting the use of sustainable aviation fuel (SAF) on domestic routes. This is the first time the Commission has authorized a state aid scheme specifically to encourage SAF usage in aviation. The scheme is designed to support […]
According to Reuters, Indian Oil Corp (IOC), the country’s largest refiner, plans to upgrade a diesel desulfurization unit at its Panipat refinery — which has a capacity of 300,000 barrels per day — to produce sustainable aviation fuel (SAF). The revamp is expected to take place either at the end of this year or early […]
CIMB Securities, a leading investment bank in Indonesia, recently published a study suggesting that if the Indonesian government implements the B50 biodiesel mandate, domestic palm oil consumption could rise by approximately 3 million tonnes. This increase would represent about 6.2% of the projected 2024 crude palm oil (CPO) production, which stands at 48.2 million tonnes. […]
HAMR Energy announced on July 28 that it plans to develop Australia’s first large-scale methanol-to-sustainable aviation fuel (SAF) production facility following the successful completion of a feasibility study, with an estimated project investment of AUD$700 million to AUD$800 million (approximately US$455 million to US$520 million). The project is a key component of HAMR Energy’s strategy […]
On July 24, Italian energy giant Eni announced the signing of a €500 million (approximately $588 million) financing agreement with the European Investment Bank (EIB) to support the conversion of its traditional refinery in Livorno, Tuscany into a modern biorefinery. The 15-year loan agreement was formalized at Eni’s headquarters in San Donato Milanese by EIB […]