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Biofuels

Bunge, Chevron acquire Argentina's Chacraservicios to meet renewable diesel demand

Grains merchant Bunge and oil major Chevron said they have acquired Argentina-based agricultural product company Chacraservicios, as the companies look to expand their renewable energy footprint.

Russia's seaborne diesel exports rise in June as maintenance eases

Russia's seaborne diesel and gasoil exports in June rose by 13% from a month earlier to about 3.6 million tons as seasonal refineries maintenance eased, data from traders showed.

Topsoe technology supports HF Sinclair’s renewable fuels production in the United States

Topsoe was selected by HF Sinclair as a technology provider for their production of renewable fuels at three facilities: Sinclair, Cheyenne and Artesia.

Japan's NYK, GCMD sign 5-year agreement for low-carbon shipping collaboration

Japan's leading shipping company NYK has signed a 5-year contract with the Global Centre for Maritime Decarbonisation to collaborate on low-carbon solutions for shipping.

Fashion industry driving demand for green shipping, Maersk says

Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consumers and regulators to reduce their climate footprint.

Biden administration to spend $450 MM on higher-blend biofuels

The U.S. Department of Agriculture will spend $450 MM to expand the production and availability of transportation fuels that are blended with higher volumes of biofuels, the agency said.

Mexican airlines look to future SAF use

LATAM Airlines is considering issuing a so-called "green bond" as part of its sustainability strategy leading to SAF use.

Pertamina plans to start making bioethanol from sugarcane, cassava

Indonesian state energy company PT Pertamina plans to begin producing bioethanol from sugarcane and cassava this year, its CEO told a conference.

Biden-Harris admin funds homegrown biofuels in California, investing in America agenda

U.S. Department of Agriculture Rural Development California State Director Maria Gallegos Herrera announced that USDA plans to invest up to $500 MM from President Biden’s Inflation Reduction Act to increase the availability of domestic biofuels and give Americans additional cleaner fuel options at the pump.

Indonesia plans to hike biodiesel mandate in next few years

Indonesia plans to raise its mandatory palm oil-based biodiesel blending to 40% in the next few years, but for now will keep it unchanged at 35%, the country's energy minister said.