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Environment

U.S. renewable fuel credits rally to multi-month highs

U.S. renewable fuel credits rose to multi-month highs on increased demand from refiners trying to comply with mandates and higher prices for soyoil.

Qair to develop 200,000-tpy e-methanol project on Haropa Port site in Le Havre (France)

Renewable energy company Qair announced that it has been awarded a parcel on Haropa Port site, in Le Havre, France, to develop its 200,000-tpy e-methanol production project Methavert.

GoodFuels successfully delivers sustainable B30 biofuel blend to Norwegian Dawn at Ijmuiden

Norwegian Cruise Line’s Norwegian Dawn received a GoodFuels B30 sustainable biofuel blend. The B30 biofuel blend, produced exclusively from feedstocks certified as 100% waste and residues, offers a sustainable alternative that avoids competition with food resources.

Catalyxx secures $5.8-MM Series A equity round to advance green chemistry technology

Catalyxx Inc., a leading innovator in green chemistry, has successfully completed a $5.8-MM Series A equity round led by Aether Chemical Investments, a single-asset investment vehicle sponsored by Beka Finance, a prominent investment firm specializing in high-growth companies with strategic potential.

Repsol launches Nexa, the commercial brand of its 100% renewable premium diesel in service stations

Repsol has launched the commercial name of its 100% renewable diesel in its service stations: Nexa 100% Renewable Diesel, a premium fuel designed for all diesel engines.

Indonesia proposes increase in biodiesel mix to 50% in 2028

Indonesia's government is proposing to increase the mandatory blend of palm oil-based fuel in biodiesel to 50% in 2028, up from the present amount of 35%.

Shell Catalysts & Technologies, Licella to develop global low-carbon biomass-to-biofuel commercial solutions

Shell Catalysts & Technologies and Licella have formed a new upgrading technology collaboration to develop a low-carbon, integrated solution for converting biomass into advanced biofuels. This initiative aims to unlock a new value chain for the production of low-carbon fuels, addressing growing global demand for sustainable energy solutions, including sustainable aviation fuel.

Neste and Liiga team up to reduce emissions from hockey game travel

Neste and Finland's national ice hockey league, Liiga, have started a collaboration in which the majority of Liiga teams* will use Neste MY Renewable Diesel™ for their bus transportation during the 2024–2025 season in Finland.

EU climate chief holds firm on CO2 deadlines for cars

The European Union's climate commissioner on Thursday reaffirmed EU plans to end sales of carbon dioxide (CO2)-emitting cars in 2035 and tighten CO2 limits next year, after pressure from some governments and carmakers to reconsider the policies.

U.S. fuel ethanol exports rise on strong international demand and low U.S. prices

U.S. fuel ethanol exporters are on track to export a record amount of the fuel in 2024. The increase in exports this year has largely been driven by demand in countries with biofuel blending mandates and cheaper-than-usual U.S. fuel ethanol prices.