The recent reversal of the upward trend in palm oil prices could affect Indonesia’s B40 biodiesel policy, which is scheduled to be introduced in January 2025, according to MAS. High palm oil prices have weakened Indonesia’s export competitiveness, leading to lower revenues from export taxes, a key source used to subsidize domestic biodiesel prices. In […]
The Minister of Energy and Mineral Resources, Balil Rahadarya, recently stated that the Government of Indonesia will not only emphasize the independence of oil and gas in achieving energy self-sufficiency, but will also vigorously promote the development of renewable energy. He emphasized that Indonesia aims to be a country that achieves independence in both conventional […]
Brazil is significantly increasing its soybean processing capacity to meet biodiesel demand. Driven by the “Future Fuels” law, by 2027, the vegetable oil content of biodiesel will increase from 14% to 17%, driving a 34% surge in soybean oil demand. Biodiesel consumption is expected to increase from 9.3 billion liters in 2024 to 12.3 billion […]
The Jakarta Post reports that the Indonesian Palm Oil Association (Gapki) is expressing concerns over a new 10% levy on crude palm oil exports, up from the previous 7.5%. This increase is expected to significantly reduce exports. The higher levy is intended to fund subsidies for the B40 blending mandate set to take effect in […]
The East African newspaper reports that African airlines are protesting the European Commission’s new regulations requiring them to use sustainable aviation fuel (SAF) when departing from European airports. They argue that the high cost of SAF could drive them out of business. Smaller carriers, such as Uganda Airlines and Air Tanzania, which are set to […]
Portugal’s Galp Energia, which operates as an oil producer and refiner, expects to start producing biodiesel and biojet fuel from waste in an industrial-scale unit to be built at its Sinesh refinery in 2026, Reuters said on Thursday, citing a statement from the company. Last year, Galp formed a joint venture with Japan’s Mitsui, each […]
By 2025, Europe’s demand for Hydrotreated Vegetable Oil (HVO) or renewable diesel is expected to grow significantly, driven by two key factors: 1.Stricter Renewable Energy Mandates: Increased mandatory requirements for renewable energy use in the transportation sector are set to drive sustained demand for HVO. 2.Policy Changes in EU Member States: Adjustments to renewable fuel […]
On December 20, Chiyoda Corporation announced that it has been successfully awarded a front-end engineering design (FEED) contract by Idemitsu Kogyo Co. for a sustainable aviation fuel (SAF) production facility at the Tokuyama Complex Facility in Shonan, Japan. Idemitsu plans to commit to producing 500 million liters (approximately 132 million gallons) of SAF annually through […]
In the early morning of 19th December 2024, a B737 all-cargo aircraft of SF Airlines refuelled with Sustainable Aviation Fuel (SAF) took off from Ningbo, successfully completing the first SAF commercial flight of an all-cargo aircraft in China, marking an important step in the green development of cargo aviation. At the ‘Zero Carbon Future – […]
Kawasaki Kisen Kaisha Corporation (K Line) announced on 19 December that it supplied marine biofuel to Viking Ocean, a car carrier operated by the K Line Group, at Yokohama Oguro C-4 Terminal, a full-vehicle terminal operated by the K Line Group, on 9 December. This is the first time that Kawasaki Kisen Kaisha has supplied […]