Biofuels
Repsol: Renewable fuels are key to the transformation of the refining industry
Along with hydrogen production, the production of renewable fuels and gases from organic waste is one of the main examples of the transformation of the industry, which will generate employment and decarbonize the sector. Here, Repsol discusses several pathways the company is taking to produce additional renewable fuels, while decarbonizing operations.
China biofuel makers bet on sustainable aviation fuel
Biofuel firms are pouring more than $1 B into building China's first plants to turn waste cooking oil into aviation fuel for export and meet domestic demand, once Beijing mandates the fuel's use on airplanes to cut emissions.
BASF expands its biomass balance portfolio for selected chemical intermediates
BASF will expand its biomass balance offering to include BMBCertTM 1,4-butanediol (BDO), tetra-hydrofuran (THF), polytetra¬hydrofuran (PolyTHF®) and 3-(di¬methyl¬amino)pro¬pyl¬amine (DMAPA).
US appeals court upholds biofuel blending mandates for 2020-2022
A U.S. appeals court upheld a rule from President Joe Biden's administration that set the amount of biofuels that oil refiners were required to blend into the nation's fuel mix from 2020 through 2022, rejecting a challenge by oil refiners to the mandates.
HIF Global secures nearly $165-MM in investments to develop eFuels
HIF Global announced a combined investment from existing shareholders and the Japanese energy company Idemitsu Kosan, securing $164 MM to fund its eFuels projects.
U.S. renewable diesel glut hits refiners' margins
A rush by U.S. fuel makers to recalibrate their plants to produce renewable diesel has created a supply glut for low-emissions biofuels, hammering profit margins for refiners and threatening to impede a young industry.
Nextchem, Johnson Matthey partner in waste-to-methanol technology
NEXTCHEM’s MyRechemical will provide its proprietary Circular Methanol™ to its partner in Waste-to-Methanol technology -Johnson Matthey for the joint commercialization of the Circular Methanol™ technology package.
Vertex Energy pauses renewable diesel output to switch back to fossil fuels, citing macroeconomic woes
U.S. refiner Vertex Energy will pause renewable diesel production at its refinery in Mobile, Alabama, and convert it to produce fossil fuels instead, citing macroeconomic woes which might persist through next year.
SAFFiRE Renewables biofuel pilot plant to be developed in Kansas
On its path to opening a facility designed to turn agriculture residue into a scalable biofuel business, SAFFiRE Renewables, LLC plans to break ground on its pilot plant near Liberal, Kansas, in late 2024.
EBRD backs Ukraine's green biofuels project with €60-MM loan
The European Bank for Reconstruction and Development (EBRD) has agreed to provide a €60-MM loan to Lan-Oil LLC, a company established by fuel retailer OKKO Group in Ukraine, for the construction of a greenfield biofuels project.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
