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Biofuels

Pertamina NRE ready to build bioethanol plant, optimizing domestic resources

Pertamina New & Renewable Energy is demonstrating its commitment to developing the bioethanol business through two cooperation agreements, one with PT Sinergi Gula Nusantara (SGN) and the other with the provincial government of East Nusa Tenggara (NTT).

Leading olive oil producer Spain turns to olive stones for fuel

The use of pits to fuel boilers in homes and small enterprises, mills and even flights in Spain's olive-growing heartland shows the role the industry and the country's vast agricultural sector can play in helping decarbonise hard-to-electrify sectors, like aviation.

Refiner Neste warns of weaker biofuel outlook, shares drop

Finnish refiner Neste on Wednesday cut the margin outlook for its biofuel business for the third time this year due to falling prices and also lowered its expected sales volumes, sending the company's share price down 10%.

AIDA Cruises tests further biofuels

In the port of Rotterdam yesterday, AIDA Cruises, one of Carnival Corp.'s world-class cruise lines, refueled its AIDAprima cruise ship for the first time using 100% renewable bio-marine fuel as part of a pilot project to evaluate the fuel performance in regular ship operations for potential for future use.

Gunvor growing Asia operations, expanding into LPG, naphtha, gasoline, aromatics, power

Global energy trader Gunvor Group is growing its Asia operations to expand in existing markets such as liquefied petroleum gas (LPG), naphtha, gasoline and aromatics as well as into new areas including power.

DNV awards Wallenius Wilhelmsen first B100 verification for biofuel insetting

DNV has awarded shipping and logistics company Wallenius Wilhelmsen its first biofuel insetting verification statement, recognizing the company’s use of B100 in a recent voyage.

Malaysia launches aviation decarbonization drive targeting net-zero emissions by 2050

Malaysia is targeting net-zero emissions in its aviation sector by 2050 through the launch of a decarbonization plan.

Oxylus Energy raises $4.5 MM seed round for clean fuel technology

Oxylus' solution is the first low-temperature and low-pressure conversion of carbon dioxide to green methanol. The methanol can be used as a drop-in fuel replacement or upgraded to jet fuel and other green petrochemicals.

South Korea plans mix of sustainable aviation fuel for international flights from 2027

South Korea aims to ensure all departing international flights use a mix of about 1% of sustainable aviation fuel (SAF) from 2027. The step aims to prepare for a carbon offset and reduction scheme that becomes mandatory for members of the International Civil Aviation Organization (ICAO) starting from that year.

U.S. imports of Chinese used cooking oil set for new record, future uncertain

U.S. imports of used cooking oil (UCO) from China are set to hit a record in the months ahead, even as regulatory uncertainty casts doubts over longer-term prospects of a trade that boomed last year.