Biofuels
Varo buys Swedish refiner Preem in bet on biofuels
Varo Energy, backed by private equity giant Carlyle Group and the world's biggest trading house Vitol, said it had agreed to buy Swedish refiner Preem, betting on growing demand for biofuels.
Willis Sustainable Fuels selects FT CANS to boost sustainable aviation fuel production in the UK
Johnson Matthey announced that Willis Sustainable Fuels (WSF) has selected JM and bp’s award-winning Fischer Tropsch CANS™ technology for WSF’s sustainable aviation fuel project in Teesside, Northeast England.
Ash Creek secures exclusive Camelina seed licenses, advances "Forks and Fuels" initiative
Ash Creek Renewables, a platform dedicated to developing renewable fuel feedstock solutions and a portfolio company of Tailwater Capital LLC, has secured exclusive licensing rights from Montana State University (U.S.) for a new high-performance Camelina seed variety.
bp plans to sell its mobility and convenience business in Austria
bp announced its intention to sell its mobility and convenience business in Austria.The marketing process will begin immediately, with the aim of reaching sale completion by the end of 2025, subject to regulatory and all relevant approvals.
Trump administration (U.S.) tells oil and biofuels groups to hash out new biofuel policy
U.S. President Donald Trump's administration has asked oil and biofuels producers to hash out a deal on the next phase of the nation's biofuels policy to avoid the kind of political clashes that marked his first term.
Eni, Saipem extend collaboration agreement in biorefining
Eni, Saipem extend collaboration agreement in biorefining. Eni will further develop its biorefining capacity through the development of new initiatives for producing biofuels for both aviation and land/maritime transportation.
Consortium concludes MoU for study on SAF, bio-naphtha and renewable diesel from domestic forest residues
Japan Airlines Co., Ltd., Marubeni Corporation, Mitsubishi Chemical Corporation, Chugoku Lumber Co., Ltd., Boeing Japan KK and Obayashi Corporation have concluded a memorandum of understanding on a preliminary business feasibility study for the manufacture and sale of sustainable aviation fuel, bio-naphtha and renewable diesel from domestic forest residues.
U.S. biodiesel use increases outside of the transportation sector
A small but increasing amount of biodiesel in the U.S. is consumed in the residential, commercial, and electric power sectors, according to new estimates now published in the U.S. EIA's State Energy Data System.
Signature Aviation brings blended sustainable aviation fuel to six new European locations
Signature Aviation has announced the expansion of its blended sustainable aviation fuel (SAF) offering at six new locations across Europe following multiple blended SAF supply agreements.
Wärtsilä to test ethanol-fueled engine for large-scale electricity generation
Technology group Wärtsilä has partnered with Brazilian energy company Energetica Suape II S.A, majority owned by Grupo Econômico 4M, to conduct a world-first clean energy trial, which will see ethanol—a biofuel mainly produced from sugarcane—used to generate clean power.
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
