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Economics

JERA to conduct trial of co-firing ammonia at coal power plant from March to June

Japan's top power generator, JERA, plans to co-fire 20% of ammonia with coal at its Hekinan thermal power station, in what it said will be the world's first trial using a large amount of the gas at a major commercial plant.

Evonik expands sustainable catalyst offerings with new product Octamax

Evonik has launched a highly sustainable new catalyst product, Octamax, that improves sulfur removal performance for refinery fuel.

Neste completes its organizational change process to improve long-term competitiveness

Neste announced that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working.

Avfuel and Neste ink extension of SAF supply agreement

Avfuel Corporation and Neste finalized a partnership extension that keeps the companies at the forefront of SAF supply for business aviation, cementing their leadership positions in the sustainable space.

Ukraine knocks out Russian refinery in major attack

Ukraine pounded targets in Russia with dozens of drones and rockets in an attack that inflicted serious damage on a major oil refinery and sought to pierce the land borders of the world's biggest nuclear power with armed proxies.

Idemitsu, Qantas and Airbus back Australia biofuel refiner with $19.2 MM

Biofuel refiner Jet Zero Australia said it had received new funding commitments of $19.2 MM from Idemitsu, Qantas and Airbus for its flagship SAF project.

Refined fuels and oil prices: long positions decline as distillate sales stall price rally

Benchmark oil prices plateau as investors finish repurchasing bearish short positions, impacting refined fuels and U.S. natural gas with declining sales and a short covering rally, respectively.

Brazil mills boost sugar capacity, 'leave' ethanol to corn processors

Brazil cane mills will boost their sugar production capacity as much as 10% in the new season from April to take advantage of relatively high sugar prices and as increasing supplies of corn make the grain a cheap feedstock for ethanol output.

Nissan starts trial of stationary power generation system fueled by bio-ethanol

Nissan Motor Co. Ltd. announced that it has developed a stationary, bio-ethanol-fueled system capable of high-efficiency power generation.

Make SAF, not electricity from household waste, urges boss of UK’s largest airports group

The UK risks missing out on a significant opportunity to reduce its carbon footprint by continuing to incinerate household waste, rather than use it to make SAF, according to a new study released by MAG.