Neste and KPI OceanConnect recently partnered with Global Energy to supply Neste MY renewable diesel to Singapore’s marine sector for operational deliveries in Singapore waters. This is the first time renewable diesel has been supplied to a marine sector participant, such as for use by cruise ships in Singapore. “The first supply of Neste MY […]
SAF One has announced the acquisition of Green Biotrade, a UAE-based feedstock and biofuel trading company, a strategic acquisition that will enhance SAF One’s supply chain capabilities and provide key feedstocks for its Sustainable Aviation Fuel (SAF) program.
Cosmo Oil Co., JGC Holdings Corporation, Revo International and SAFFAIRE SKY ENERGY announced the completion of the SAF production facility, which will utilize used cooking oil as a feedstock for the production and supply of domestically produced SAF. The four partners announced the December 25, 2024 completion date for the project. The four companies aim […]
Kilang Pertamina Internasional, the refining arm of Indonesia’s state-owned energy company Pertamina, plans to produce its first batch of certified sustainable aviation fuel (SAF) in the first quarter of this year. The company received SAF certifications in December, including the International Sustainability Carbon Certification (ISCC), the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) […]
World Trade Organization (WTO) experts on Friday largely supported the European Union’s (EU) restrictions on the use of palm oil in biofuels after Indonesia filed a complaint. Indonesia, the world’s largest producer of palm oil, requested the panel to review the relevant EU restrictions in 2019. According to a Geneva-based trade official, the dispute panel […]
Palm oil (CPO) prices are expected to remain high in the first half of 2025, trading in the range of RM4,400 (US$976.37) to RM4,800 (US$1,065.13) per tonne, before easing back during the seasonal peak in the second half of the year to RM4,000 (US$887.61) to RM4,400 (US$976.37) per tonne, according to Mazda News Agency. (US$). […]
The United States is taking steps to restrict imports of waste cooking oil to prevent lucrative tax credits for foreign supplies used to produce biofuels. In the long-awaited guidance, the U.S. Department of the Treasury said that fuels produced using foreign-sourced supplies will not be allowed under the so-called GREET model, a tool used by […]
Experts attending the 7th Pakistan Edible Oil Conference (PEOC) 2025 strongly urged the government to promote local palm oil cultivation to reduce dependence on more than 90% imports from Indonesia and Malaysia. Speakers pointed out that there could be a severe shortage of palm oil in the coming years as Indonesia and Malaysia gradually increase […]
On January 9, the European Biodiesel Board (EBB) welcomed the approval by EU member states of final duties on biodiesel (FAME) and renewable diesel, also known as hydrotreated vegetable oil (HVO), from China. In July 2024, the EBB was granted provisional anti-dumping duties that are currently in force but subject to approval by EU member […]
The U.S. Department of Energy’s (DOE) Bioenergy Technologies Office (BETO) and the U.S. Environmental Protection Agency (EPA) announced $6 million in funding for three projects that will advance biofuels development and support U.S. leadership in energy and emissions innovation. Funded by the Inflation Reduction Act (IRA), the projects will support research to improve performance and […]