Biofuels
SWISS becomes world’s first airline to integrate Synhelion solar fuel into its flight operations
Swiss International Air Lines (SWISS) has become the first airline in the world to integrate the solar fuel manufactured by the Swiss-based Synhelion clean-tech company into its regular flight operations.
Finland's Neste tops earnings forecast on soaring SAF sales
Finnish biofuel maker and oil refiner Neste reported stronger than expected core earnings for the second quarter driven by soaring sales of sustainable aviation fuel (SAF), sending its shares rising.
Sasol commits to next-generation catalyst supply for e-SAF pioneer INERATEC
Sasol Chemicals and German startup INERATEC have signed a Letter of Intent, committing to the supply of Sasol’s next generation catalyst as soon as the development cycle is completed in 2026.
Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water
Diamond Edge Ventures Inc. (DEV), the corporate venture arm of Mitsubishi Chemical Group (MCG Group), has announced an investment in Licella Holdings Ltd., an Australian technology leader in advanced recycling and renewable fuels.
Indonesia's biodiesel consumption reaches 7.42 MM kiloliters to date
The world's top palm oil producer increased the mandatory proportion of biofuels in its diesel to 40% this year, up from 35%, a policy known as B40 that was designed to reduce the country's reliance on imported diesel.
ORLEN and Krajowa Grupa Spożywcza sign MoU to accelerate biomethane production in Poland
ORLEN and Krajowa Grupa Spożywcza (KGS), Poland’s largest state-owned agri-food group, have entered into a memorandum of understanding to develop a nationwide biomethane portfolio.
Swire Shipping launches new carbon insetting program – ‘Voyage to Zero’
Swire Shipping announced the launch of Voyage to Zero, a carbon insetting program that enables freight customers to reduce their Scope 3 greenhouse gas (GHG) emissions, leveraging GHG savings from second generation biofuels used on any Swire Shipping vessel.
Baker Hughes, PETRONAS collaborate on lubricants and biofuels for turbomachinery supply chain
Baker Hughes and Petroliam Nasional Berhad (PETRONAS) have entered a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition.
Argentina raises biofuel prices for domestic market
The Argentine government raised the prices of biofuels for mandatory local blending on Monday.
Biofuel demand to soak up more than half of U.S. soyoil production next year, USDA says
U.S. biofuel makers will consume more than half of all soybean oil produced in the United States next year as a recent flurry of federal policy moves has transformed the sector, including higher blending mandates and curbs on foreign biofuel imports and feedstocks.
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
- SWISS becomes world’s first airline to integrate Synhelion solar fuel into its flight operations 7/24
- Finland's Neste tops earnings forecast on soaring SAF sales 7/24
- Shell restarts hydrodesulphurization unit at Pernis oil refinery after unplanned outage 7/24
- Orlen's Unipetrol will start commissioning ethylene unit after power outage experienced earlier in July 7/24
- Dow forecasts sales below estimates, slashes dividend as downturn takes a toll 7/24
