Biofuels
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).
MOL Group successfully completes another SAF and HVO production test
MOL Group is highlighting a recent milestone in its energy transition journey. Sustainable aviation fuel (SAF) has been successfully produced for the first time at INA’s Rijeka Refinery during a pilot project to process biocomponent, as well as a significant volume of renewable diesel hydrotreated vegetable oil (HVO).
Brazil's Grupo Potencial to invest $392 MM in corn ethanol plant as part of biofuels complex
Brazil's Grupo Potencial will invest 2 B reais ($392.9 MM) to build a corn ethanol plant in Lapa, Parana state, as part of a plan to develop the world's largest biofuels complex.
Phillips 66 hit with $800-MM penalty in biofuel trade secrets case
A state court in Alameda, California, on Wednesday ordered Phillips 66 to pay $195 MM in punitive damages, in addition to $604.9 MM in compensation the refiner was ordered to pay following a separate verdict.
Pengerang Terminals to provide storage and handling facilities for biorefinery feedstocks and products
Pengerang Terminals has signed a terminal usage agreement with Pengerang Biorefinery Sdn. Bhd (PBSB), paving the way for PT2SB to provide storage and handling facilities for PBSB’s feedstocks and products.
Vopak to expand biofuels storage capacity in Malaysia terminal JV
Dutch tank storage firm Vopak said it would expand its biofuels storage capacity at the Malaysia Pengerang Terminal Two (PT2SB), in line with a company strategy to drive energy transition.
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.
HAMR Energy announces plans for Australia’s first major methanol-to-jet fuel facility
HAMR Energy announced plans to develop a $700-MM to $800-MM sustainable aviation fuel (SAF) production facility, after completing a successful feasibility study.
AFPM challenges Trump biofuel, tariff policies in letter
A leading U.S. refining trade group has criticized the Trump administration's biofuel policies in a letter to top Republican lawmakers, representing the oil industry's biggest rift with the president since his return to the White House in January.
UTEP researchers boost microalgae biofuel yields with nanotechnology
Researchers at The University of Texas at El Paso (U.S.) have demonstrated how nanotechnology can significantly improve biofuel production from microalgae, offering a sustainable path forward.
- 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
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
- U.S. okays transactions with Lukoil gas stations outside Russia through late April 12/5
