The European Commission adopted a Delegated Regulation on February 6 aimed at accelerating the use of sustainable aviation fuels (SAFs) and establishing and financing the relevant support systems for this purpose. The regulation was introduced to implement the economy-wide target set out in the European Climate Act to reduce net greenhouse gas (GHG) emissions by […]
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 […]
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 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 […]
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 […]