In Russia, Reuters reported that Russian President Vladimir Putin approved nullifying mineral extraction tax for natural gas used in the production of ammonia and hydrogen in the Arctic. The report noted that the tax breaks relate to natural gas from the Gydan and Yamal peninsulas. Russia’s largest producer of liquefied natural gas (LNG) Novatek NVTK.MM […]
In the United Arab Emirates (UAE), Zawya reported that Misr Fertilizers Production Company’s (MOPCO) board has approved the establishment of a company for the production of green hydrogen, in cooperation with the Egyptian Petrochemicals Holding Company (ECHEM) and Norway’s Scatec. The new company will use produced green hydrogen in the production of green ammonia, according […]
In Australia, Travel Weekly reported that the Australian Airport Association (AAA) said that international airlines may cut flights to the country if in years to come due to the levels of pollution curated as a by-product of long haul routes. “As Australia is at the edges of the global air network with long distances from […]
In Portugal, Reuters reported that Portugal’s environment regulator APA approved a project by Portuguese oil firm Galp to launch an industrial-scale plant to produce biodiesel and biojet fuel using cooking oils at its Sines refinery. According to the report, Galp aims to launch the Hydrogenated Vegetable Oil (HVO) plant, with an initial investment of $302 […]
In Illinois, the United Airlines Ventures Sustainable Flight Fund has increased its investment power to nearly $200 million and added eight new corporate partners, five months after its initial launch. American Express Global Business Travel, Aramco Ventures, Aviation Capital Group, Bank of America, Boston Consulting Group, Groupe ADP, Hawaiian Airlines and JetBlue Ventures, will join […]
In Wyoming, RockCreek announced the closing of an investment in Raven, a company that produces renewable transportation fuels from a variety of feedstocks, including waste streams, using a proprietary non-combustion process. Raven said it will use RockCreek’s investment to further commercialize low-to-negative carbon intensity hydrogen and sustainable aviation fuel. Renewable hydrogen from this project will […]
In the UK, International Airlines Group (IAG), the parent company of Aer Lingus, British Airways, Iberia, Vueling and LEVEL, has announced an investment into UK-based firm Nova Pangaea Technologies (NPT). NPT’s technology converts agricultural waste and wood residue feedstocks into second-generation bioethanol, which can then be processed into SAF, IAG said. IAG’s investment will progress […]
In Canada, the University of Alberta reported that Forge Hydrocarbons, a University of Alberta spinoff company producing renewable fuels and chemicals, is collaborating with Edmonton International Airport (YEG) to work towards a new biojet fuel production facility in the Edmonton area. The parties signed a memorandum of understanding to create jet fuel from biowaste, based […]
In India, Mint reported that adoption of green fuel by Indian airlines will be a key challenge for them considering the high cost structure associated with sustainable aviation fuel, said Brian Moran, VP of global sustainability policy and partnerships at Boeing. “The airlines are certainly very eager to purchase more SAF, but some Indian airlines […]
In New York, Air Company announced a strategic collaboration with Air Canada. The firm noted that the collaboration aims to accelerate the development of power-to-liquid sustainable aviation fuel (PtL SAF) in various North American markets by 2025 that will give Air Canada access to SAF that is entirely independent of fossil fuels. Air Company and […]
