Americas

United Airlines launches $100-MM SAF investment fund

United Airlines launched a more than $100 MM investment fund to support start-ups focused on the research and production of sustainable aviation fuel (SAF).

KBR launches SAF technology in alliance with Swedish Biofuels

KBR announced that it has launched sustainable aviation fuel (SAF) technology in alliance with Swedish Biofuels AB.

U.S. Senator is trying to keep EVs out of U.S. biofuels program

Republican U.S. Senator Mike Lee of Utah is trying to rally colleagues to sign a letter opposing the Biden administration’s plan to include electric vehicles in the nation’s renewable fuel program.

U.S. jet fuel shortage drives airline costs higher

Resurgent passenger aviation following the coronavirus pandemic has created shortages of jet fuel, pushing up airlines’ operating costs and fares.

Venezuela's PDVSA allocates heavy crude cargo to Italy's Eni

Venezuela's PDVSA has allocated an oil cargo to a unit of Eni for a February loading, the first to the Italian firm following a contract suspension this year by new management at the state-run company.

Domestic renewable diesel capacity could more than double through 2025

U.S. production capacity for renewable diesel could more than double from current levels by the end of 2025, based on several announcements for projects that are either under construction or could start development soon.

Emerson launches Ovation Green, a renewable power technology and software portfolio

Emerson has combined its comprehensive power expertise and renewable energy capabilities into the Ovation Green portfolio to help power generation companies meet the needs of customers navigating the transition to green energy generation and storage.

CCS market anticipated to reach a valuation of nearly $10.2 B by 2031

As per industry analysis on carbon capture and storage by Fact.MR, the global market is anticipated to be valued at $2.9 B in 2021, expanding at a high CAGR of 13.4 % over the forecast period of 2021-2031.

Valero JV approves sustainable aviation fuel project at Texas plant

Refiner Valero Energy Corp and Darling Ingredients Inc said on Tuesday that their joint venture had approved a project to upgrade about half of the production capacity of Port Arthur renewable diesel plant in Texas to sustainable aviation fuel.

United Airlines announces JV to develop sustainable fuel using ethanol

United Airlines Holdings Inc this week announced a new joint venture to develop and commercialize an SAF technology that will use ethanol as a feedstock.