Aviation Fuel
Argentina's YPF to invest $400 MM in sustainable jet fuel venture
Argentine state oil firm YPF will invest around $400 MM as part of a new JV to produce and sell sustainable aviation fuel (SAF).
South African tax authorities extend jet fuel lifeline to airports
South Africa's fuels industry body Fuels Industry Association of South Africa (FIASA) welcomed a year-long extension from tax authorities to special licenses for importing and storing jet fuel, helping to avert a potential supply crisis at major airports.
EcoCeres collaborates with Xiamen Airlines to advance sustainable aviation fuel production
EcoCeres, Inc., a pure-play renewable fuels producer, is partnering with Xiamen Airlines to collect and transport waste cooking oil from selected restaurant partners through its established supply chain.
Key Asian fuel exporters boost jet fuel sales to Europe in July
Jet fuel exports from South Korea, China and Southeast Asia to Europe likely hit a multi-year high in July as traders shipped out excess regional supply to cash in on higher European prices.
CLG and INA successfully produce SAF from biogenic feedstock
Chevron Lummus Global (CLG) announced a successful commercial test for co-processing biogenic feedstocks and fossil feedstocks at INA Group's Rijeka Refinery in Croatia.
CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions
The reshuffle at the top is the latest disruption for the company since the EU announced a new round of sanctions last Friday directed at Russia over its war in Ukraine.
SWISS becomes world’s first airline to integrate Synhelion solar fuel into its flight operations
Swiss International Air Lines (SWISS) has become the first airline in the world to integrate the solar fuel manufactured by the Swiss-based Synhelion clean-tech company into its regular flight operations.
Finland's Neste tops earnings forecast on soaring SAF sales
Finnish biofuel maker and oil refiner Neste reported stronger than expected core earnings for the second quarter driven by soaring sales of sustainable aviation fuel (SAF), sending its shares rising.
Sasol commits to next-generation catalyst supply for e-SAF pioneer INERATEC
Sasol Chemicals and German startup INERATEC have signed a Letter of Intent, committing to the supply of Sasol’s next generation catalyst as soon as the development cycle is completed in 2026.
Second tanker to skip fuel loading at sanctions-hit Nayara refinery
Nayara Energy, in which Russia's largest oil producer Rosneft has a 49.13% stake, was hit in a fresh package of sanctions imposed on Friday by the European Union over Russia's war on Ukraine that began in February 2022.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
