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Aviation Fuel

U.S. FAA awards nearly $300 MM to SAF projects and technologies

The Federal Aviation Administration (FAA) announced that $291 MM in funding was awarded from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050. 

Slowing global jet fuel consumption adds to oil demand concern

Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the months ahead.

Honeywell UOP and Repsol to collaborate on renewable fuel development

The companies plan to scale and commercialize Honeywell's technologies, which use various wastes like fats, oils, greases, biomass and solids for chemical production and renewable fuels at Repsol’s refineries.

Singapore's middle distillates stocks rise to 3-yr high

Singapore's middle distillates stocks climbed for a second week to hit a 3-yr high of nearly 12 MMbbls, as a drop in diesel/gasoil net exports countered gains in jet fuel/kerosene net exports.

NextChem to conduct a feasibility study for a 60,000-tpy SAF plant in Indonesia

NextChem (Sustainable Technology Solutions) has been awarded a feasibility study, along with PT Tripatra Engineers and Constructors, for a 60,000-tpy sustainable aviation fuel project located in Sei Mangkei, Indonesia.

Repsol and Volotea sign an agreement for SAF supply in Spain until 2029

Repsol and Volotea have reached an agreement for the supply of sustainable aviation fuel (SAF) on flights operated by the airline from airports in Spain.

United is first airline to purchase SAF for O'Hare Int'l airport (Chicago, U.S.)

United Airlines will purchase 1 MMgal of sustainable aviation fuel from Neste for use at Chicago's O'Hare International Airport. 

Angola's new 30,000-bpd Cabinda refinery to start up later this year

Angola’s new Cabinda crude oil refinery is on track to start up later this year before ramping up to full first phase production of 30,000 bpd by July next year.

Mexico seeks more 2025 fuel import deals after refinery delays

Mexico is seeking to import more motor fuel for next year than it had previously planned, to compensate for delays in the startup of its new Olmeca refinery.

HIF Global signs collaboration agreement with Airbus for sustainable aviation fuels

HIF Global has announced the signing of a Memorandum of Understanding (MoU) with Airbus to advance the global development of eFuels for aviation (eSAF) via the methanol to jet fuel (MTJ) pathway.