Sustainable Aviation Fuel
PetroChina in preliminary agreement with Germany's Mabanaft on expanding fuel sales to Europe
PetroChina International's London unit signed a preliminary agreement with German energy company Mabanaft to expand sales of Chinese refined fuel products to Europe, the Chinese state oil and gas trader said.
Rely to support Verso Energy in the development of seven e-Fuels production plants worldwide
Rely, a joint venture between Technip Energies and John Cockerill, and Verso Energy have signed a memorandum of understanding (MoU), in view of the development by Verso Energy of seven e-Fuels production plants worldwide: four in France, two in Finland, and one in the U.S. These facilities are expected to produce more than 500,000 tpy of sustainable aviation fuel (SAF), with up to 90% lower lifecycle emissions than conventional jet fuel.
China SAF plants push back start-up amid lack of policy
Several Chinese builders of sustainable aviation fuel (SAF) plants are postponing start up as a lack of government policy guidance restrains them from marketing the fuel domestically or exporting it.
Cosmo to launch Japan's first sustainable aviation fuel production
Cosmo Energy Holdings is set to launch Japan's first domestic production of sustainable aviation fuel in April, a step toward the country's goal of replacing 10% of jet fuel with a cleaner alternative, though cost-cutting challenges remain.
INERATEC secures €70-MM financing commitment for Europe’s largest eFuel production
Sustainable eFuel production pioneer INERATEC has formally agreed to a €40-MM venture debt loan with the European Investment Bank (EIB) and a €30-MM grant with Breakthrough Energy Catalyst. The combined €70 MM backing will finance construction of Europe`s largest sustainable eFuel production plant in Frankfurt and eFuel research and development of future, key steps in decarbonizing aviation.
Blue Water and Arcadia eFuels partner for CO2 transport
Blue Water and Arcadia eFuels have signed a Memorandum of Understanding (MoU) to create a CO2 logistics partnership for the transport of liquid CO2 for Arcadia eFuels’ upcoming production facility in Vordingborg, Denmark.
Taiyo Oil selects Honeywell UOP's ethanol-to-jet technology for 200-MMlpy SAF plant in Japan
Taiyo Oil Co., Ltd. has chosen Honeywell UOP's Ethanol-to-Jet technology to produce sustainable aviation fuel at its Okinawa Operations in Japan. This facility will have a production target of 200 MMlpy.
Australia funds Queensland study to produce aviation fuel from sugarcane waste
The Australian Renewable Energy Agency (ARENA) will provide A$8 MM ($5 MM) to technology firm Licella for a study on a biorefinery in Queensland to produce sustainable aviation fuel (SAF) for the Brisbane Airport.
LanzaJet, Mitsui & Co. and Cosmo Oil secures government funding for SAF production project in Japan
LanzaJet announced that Cosmo Oil Co. Ltd was selected for a subsidy from Japan’s Ministry of Economy, Trade and Industry to support a SAF project in Japan developed with Mitsui & Co. that will plan to utilize LanzaJet technology.
Air Products exits three U.S. projects, takes write down not to exceed $3.1 B
Air Products announced its decision to exit three projects in the U.S. As a result, Air Products expects to record a pre-tax charge not to exceed $3.1 billion in its fiscal 2025 second quarter, primarily to write down assets and terminate contractual commitments.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
