Author Archive: Meghan Sapp

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Argus launches B30 Ucome dob ARA marine biodiesel prices

Argus launches B30 Ucome dob ARA marine biodiesel prices

February 27, 2024 |

In the Netherlands, Argus has launched B30 Ucome dob ARA range marine biodiesel blend assessments, replacing a calculated fob ARA range blend price. The assessment will comprise 30pc used cooking oil methyl ester (Ucome) and 70pc very-low sulfur fuel oil (VLSFO). Trade of marine biodiesel blends in northwest Europe has been impacted by changes to […]

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Petrobras and ArcelorMittal Brasil to study collaboration in decarbonization

Petrobras and ArcelorMittal Brasil to study collaboration in decarbonization

February 27, 2024 |

In Brazil, Petrobras and ArcelorMittal Brasil signed a Memorandum of Understanding (MoU) with the purpose of studying potential mutually beneficial business models in the low-carbon economy. The companies will seek to identify commercial opportunities and potential partnerships in Brazil that are aligned with their diversification and decarbonization strategies. The extensive cooperation stems from synergies identified […]

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SAF One appoints Kent to carry out technology licensing review for its first SAF plant

SAF One appoints Kent to carry out technology licensing review for its first SAF plant

February 27, 2024 |

In the UK, SAF One, a platform focused on the development of global sustainable aviation fuel solutions, appointed Kent, a world-renowned engineering firm, to carry out a technology licensing review for its first synthetic paraffinic kerosene (SPK) production plant. This announcement further underscores the company’s commitment to support the aviation sector with scalable, sustainable aviation […]

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EIA says RIN prices have fallen 45% since start of 2024

EIA says RIN prices have fallen 45% since start of 2024

February 27, 2024 |

In Washington, the Energy Information Administration says the price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years. The decline in the price of credits, renewable identification numbers (RINs), is due primarily to lower costs for […]

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CMA CGM Group, COSCO SHIPPING, Evergreen and OOCL extend OCEAN Alliance to 2032

CMA CGM Group, COSCO SHIPPING, Evergreen and OOCL extend OCEAN Alliance to 2032

February 27, 2024 |

In China, Chief Executive Officers of the CMA CGM Group, COSCO SHIPPING, Evergreen and OOCL signed in Shanghai a Memorandum of Understanding to extend the OCEAN Alliance operational cooperation for five additional years until 2032. As a sustainable cooperation, OCEAN Alliance continues to support customers’ supply chains and business by offering best-in-class shipping solutions through […]

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Hydrogen Utopia’s reverse takeover by Helmond to create diversified biofuels company

Hydrogen Utopia’s reverse takeover by Helmond to create diversified biofuels company

February 27, 2024 |

In the UK, Hydrogen Utopia International PLC (HUI) announced a reverse takeover deal with Helmond Holding Group Corp. (HHG), a leading bio-energy company based in the British Virgin Islands. The merger will combine HUI’s innovative technology that transforms non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat, with […]

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New T&E report calls out weaknesses in Eni’s African feedstock plan

New T&E report calls out weaknesses in Eni’s African feedstock plan

February 27, 2024 |

In Belgium, Italian oil giant Eni is failing to deliver on its promise to produce thousands of tonnes of biofuel crops, a new investigation by Transport & Environment (T&E), in collaboration with The Continent, shows. The study raises questions over the credibility of the company’s plan – which is backed by Italian prime minister Giorgia […]

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Horizon Europe project to establish four circulatirty industrial hubs

Horizon Europe project to establish four circulatirty industrial hubs

February 27, 2024 |

In Germany, a consortium of 35 organizations from various countries in Europe is working on this in the Horizon Europe Innovation Action project entitled “Sustainable Circular Economy Transition: from Industrial Symbiosis to Hubs for Circularity (IS2H4C)” under the leadership of the University of Twente (NL). The four-year project aims to establish four industrial hubs: in […]

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Argentina greenlights GMO yeast for ethanol production

Argentina greenlights GMO yeast for ethanol production

February 27, 2024 |

In Argentia, Energia Online reports the Ministry of Agriculture, Livestock and Fisheries authorized the commercialization of the yeast Saccharomyce cerevisiae strains GICC03486 (GPY10009) and GICC03506 (GPY10023) last month, both with improved capacity for the production of bioethanol from the fermentation of grains. The decision was made official through Resolution 3/2023 signed by the Secretary of […]

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Cepsa and Bio-Oils begin construction of SAF and HVO facility

Cepsa and Bio-Oils begin construction of SAF and HVO facility

February 26, 2024 |

In Spain, Cepsa and Bio-Oils, a subsidiary of Apical, are beginning construction of the largest second-generation biofuels plant in southern Europe. This facility, which will flexibly produce 500,000 tons of sustainable aviation fuel (SAF) and renewable diesel (hydrogenated vegetable oil or HVO) annually, will allow the joint venture formed by both companies to double its […]

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