Biofuels
TotalEnergies and Air France-KLM sign a 10-year MoU for SAF
TotalEnergies and Air France-KLM have today signed an MoU for the delivery of more than 1 MMcm3/800,000 tons of SAF by TotalEnergies to Air France-KLM Group airlines over the 10-year period from 2023.
Less U.S. jet fuel consumption on average in 2022 than in 2019
Average jet fuel consumption in the United States so far in 2022 has been consistently below 2019, although airline passenger counts in the United States have nearly returned to 2019 levels in recent months.
Ryanair to buy sustainable fuel from Shell but 2030 target elusive
Ryanair signed an SAF supply agreement with Shell, but Chief Executive Michael O'Leary said it would take a "revolution" to hit his target of powering 12.5% of flights with the fuel by 2030.
U.S. EPA proposes higher biofuel blending volumes, EV program
The U.S. Environmental Protection Agency proposed increases in the amount of ethanol and other biofuels oil refiners must blend into their fuel over the next three years.
More ethanol was blended into U.S. gasoline last summer than ever before
Last summer, when the price of fuel ethanol was lower than the petroleum component of gasoline, record amounts of ethanol were blended into the gasoline sold in the United States (blend rates).
Technip Energies wins contract for SAF production at TotalEnergies Grandpuits Zero-Crude platform
Technip Energies has been awarded a contract by TotalEnergies for the production of Sustainable Aviation Fuels at Grandpuits platform in France.
Neste delivers more than 500,000 gallons of SAF to Los Angeles International Airport
The fuel delivery significantly increases the availability and accessibility of sustainable aviation fuel at one of the busiest international airports and aviation hubs in the US.
New processors to reshape North Dakota's export-focused soy sector
North Dakota's soybean industry is at the forefront of what could be a once-in-a-generation transformation in coming years, with two new processing plants set to open in 2023 and 2024 to meet rising domestic biofuel production.
Neste to acquire used cooking oil collection and aggregation business from Crimson Renewable Energy
The transaction includes shares in SeQuential Environmental Services, LLC, and Pure, LLC, as well as a UCO processing plant in Salem, Oregon.
United Airlines invests millions into proposed Oregon biofuel refinery
United Airlines will add $37.5 MM into a proposed biofuel refinery in northwest Oregon, per a report by OPB.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
