Aviation Fuel
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.
Diesel profit margins decline amid lower demand, more capacity
Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil prices under further downward pressure.
World Energy and Boston Consulting Group sign agreement on SAF certificates
Boston Consulting Group today announced it has signed an agreement for the purchase of sustainable aviation fuel certificates with World Energy, the sustainable aviation fuel (SAF) producer and low-carbon solutions provider.
Singapore Airlines Group orders sustainable aviation fuel from Neste
Neste and the Singapore Airlines Group have signed an agreement for the purchase of 1,000 tons of Neste MY Sustainable Aviation Fuel.
U.S. admin sets path for ethanol aviation fuel subsidies
The Biden administration (U.S.) has unveiled guidance for its sustainable aviation fuel (SAF) subsidy program, allowing corn-based ethanol to qualify if sourced from farms using climate-friendly techniques.
Australian researchers testing SAF production from landfill gases
Australian researchers have developed a chemical process using non-thermal plasma technology that could produce sustainable aviation fuel from landfill gases.
Topsoe secures first SAF project in China
Topsoe has signed an agreement with Guangxi Hongkun Biomass to provide its HydroFlex™ technology to produce SAF at the company’s plant in the Qinzhou Port Area Free Trade Pilot Zone of Guangxi, China.
Jet fuel demand growth lags as air traffic exceeds pre-pandemic level
Global flight activity passed pre-pandemic levels for the first time in four years last week, but jet fuel demand growth has not kept apace as newer fleets of aircrafts become more fuel efficient and carry more passengers.
China's March jet fuel exports jump 77.4% from a year earlier
China's jet fuel exports in March surged to 1.98 MMt, up 77.4% from the previous year, as international flight volumes ramped up.
Nigeria's Dangote refinery supplies petroleum products to local market
Nigeria's Dangote oil refinery started supplying petroleum products to the local market, a company executive and fuel marketing associations said, a major step in the country's quest for energy independence.
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- Malaysia to cut diesel subsidies, saving $852 MM/yr 5/21
- Indian refiner Reliance's April Russian oil imports up 11% month-to-month, India's Russian oil imports at 9-month high 5/21
- Global carbon emissions pricing raised record $104 B in 2023 5/21
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