Biofuels
Portugal's Galp plans to start producing biofuels in 2026
Portugal's Galp Energia expects to start producing biodiesel and biojet fuel from waste in an industrial-scale unit it is building at its Sines refinery in 2026.
Technip Energies, LanzaTech awarded U.S. DOE funding for breakthrough CO2-to-ethylene technology
The U.S. Department of Energy Office of Clean Energy Demonstrations has committed up to $200 MM in federal funding for Technip Energies and LanzaTech's Project SECURE.
Neste to supply SAF to Air New Zealand marking the airline’s largest purchase of SAF to date
Neste and Air New Zealand have signed an agreement for the supply of 23,000 tons (30 million liters) of neat, i.e. unblended Neste MY Sustainable Aviation Fuel. It is the airline's largest purchase of SAF to date. The SAF will be used by Air New Zealand at Los Angeles (LAX) and San Francisco (SFO) international airports through to February 2026.
NextChem awarded licensing contract for 60,000-tpy SAF plant in Indonesia
NextChem (Sustainable Technology Solutions) has been awarded the licensing and the Process Design Package for a 60,000-tpy sustainable aviation fuel plant located in Sei Mangkei, North Sumatra Province, Indonesia. This will be the first plant that will produce SAF with high efficiency, mainly from palm oil mill effluent (POME), enabling the full valorization of this feedstock in the country.
Indonesia's higher biodiesel mandate rollout may be gradual, industry watchers say
Indonesia's plan to expand its biodiesel mandate from Jan. 1, which has fueled concerns it could curb global palm oil supplies, looks increasingly likely to be implemented gradually, analysts said, as industry participants seek a phase-in period.
Neste introduces co-processed renewable Neste RE feedstock for the polymers and chemicals industry
By co-processing renewable raw materials such as used cooking oil together with fossil crude oil in its conventional oil refinery in Porvoo, Finland, Neste is able to produce a complementary type of Neste RE, a drop-in feedstock for the production of plastics and chemicals.
Phillips 66 outlines nearly $3-B capital program for 2025
Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.
Mabanaft reaches agreement with Hapag-Lloyd to supply B30 bunker fuel in Hamburg
Mabanaft has reached an agreement with the shipping company Hapag-Lloyd for the supply of B30 biofuel. A first test delivery of 1,000 t of B30 VLSFO arrived on the container ship Delaware Express and reached Mabanaft's Waltershof tank terminal in the Port of Hamburg on December 12.
Indonesia's renewable energy plans may put forests at risk
Environmentalists are warning that Indonesia's ambitious plans to achieve net-zero emissions by 2060 rely too heavily on biofuels and risk a new wave of deforestation in the world's third-largest rainforest.
Samsung E&A awarded $955-MM contract for 650,000-tpy biofuels plant in Malaysia
SAMSUNG E&A announced that it secured the EPCC contract for a 650,000-tpy biorefinery that will have the capability to produce sustainable aviation fuel and other biofuels such as renewable diesel/hydrogenated vegetable oil. This biorefinery will be located within PETRONAS’ Pengerang Integrated Complex, Johor, Malaysia.
- Saudi Arabia was top buyer of Russian fuel oil and VGO in November 12/23
- Digital Exclusive (sponsored): NXRe™: A novel recycling technology to support the plastics industry in creating efficient and effective circular value chains 12/22
- Portugal's Galp plans to start producing biofuels in 2026 12/20
- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20