Biofuels
Reliance: India's gasoline demand to peak by 2035, diesel by 2041
India's gasoline demand is expected to peak by 2035, and gasoil (diesel) consumption by 2041 or beyond as motorists shift to cleaner fuels, an executive at Reliance Industries said.
Mabanaft, HIF Global sign agreement to accelerate e-methanol adoption in the shipping industry
Energy company Mabanaft and HIF Global have signed a Heads of Agreement (HoA) for the planned offtake of e-methanol, reinforcing their commitment to advancing carbon-reducing fuels for the shipping industry. The initial offtake would be of up to 100,000 tpy of e-methanol produced from renewable electricity and captured CO₂.
ENEOS, A.P. Møller Holding and Maersk agree to invest $100 MM in C2X to advance green methanol portfolio
ENEOS has signed an investment agreement with C2X to advance the development of the Beaver Lake Renewable Energy project in Louisiana to FID and to further develop its global green methanol project portfolio.
Colombia's Ecopetrol to invest up to $700 MM in SAF production plant
Colombia's state-run energy company Ecopetrol plans to invest up to $700 MM to build a plant at the Barrancabermeja refinery to produce sustainable aviation fuel
DB Schenker to use Neste's renewable diesel to decarbonize logistics in Asia
Neste and DB Schenker, one of the world’s leading logistics service providers, have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel in Asia-Pacific. This partnership underscores the shared commitment of both companies to progress towards lower-emission logistics.
U.S. EPA's upcoming proposal on biofuel blending mandates to cover two years
The U.S. Environmental Protection Agency plans to release a proposal on biofuel blending mandates that covers two years worth of mandates, instead of a proposal that covers three years
Solvay partners with Cavalinho to reduce emissions at Brazilian chemical plant
Solvay will be one the first companies in Brazil to adopt biofuel-powered trucks for transportation, supporting its goal of cutting scope 3 emissions by 20% by 2030.
Varo buys Swedish refiner Preem in bet on biofuels
Varo Energy, backed by private equity giant Carlyle Group and the world's biggest trading house Vitol, said it had agreed to buy Swedish refiner Preem, betting on growing demand for biofuels.
Willis Sustainable Fuels selects FT CANS to boost sustainable aviation fuel production in the UK
Johnson Matthey announced that Willis Sustainable Fuels (WSF) has selected JM and bp’s award-winning Fischer Tropsch CANS™ technology for WSF’s sustainable aviation fuel project in Teesside, Northeast England.
Ash Creek secures exclusive Camelina seed licenses, advances "Forks and Fuels" initiative
Ash Creek Renewables, a platform dedicated to developing renewable fuel feedstock solutions and a portfolio company of Tailwater Capital LLC, has secured exclusive licensing rights from Montana State University (U.S.) for a new high-performance Camelina seed variety.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
