In Arkansas, Walmart announced it is doubling down on addressing the growing climate crisis by targeting zero emissions across the company’s global operations by 2040. Walmart and the Walmart Foundation are also committing to help protect, manage or restore at least 50 million acres of land and one million square miles of ocean by 2030 […]
In Belgium, the European Commission formally launched an investigation review on September 14 aiming at extending anti-dumping and countervailing measures applicable to imports of biodiesel originating in the United States of America, the so called “B99” measures. The EBB welcomes this review, which was triggered by an EBB request from June 11, 2020 on behalf […]
In the UK, CME Group announced the first trade of the Used Cooking Oil Methyl Ester (UCOME) futures contracts. Ten contracts were traded on September 16, 2020. Open interest was at 65 contracts as of September 22, 2020. Tullett Prebon Energy & Commodities, part of TP ICAP, a leading provider of market infrastructure, became the […]
In Washington, WNAX reports the Renewable Fuels Association, the American Coalition for Ethanol, the National Corn Grower’s Association and the National Farmers Union are calling on Environmental Protection Agency to release the 2021 blending volumes, demonstrating that it has “restored” the Renewable Fuel Standard. The groups say that rejecting the gap-year SRE applications was a […]
In Sweden, Air bp has delivered 210 tons of sustainable aviation fuel (SAF) to Swedish airport operator, Swedavia, at Stockholm Arlanda Airport (ARN/ESSA). Swedavia and its partners SOS Alarm, Systembolaget and the 2030 Secretariat procured the fuel through a joint tender, as part of an initiative to promote the large-scale production of SAF and its […]
In Denmark, Jan De Nul Group recently announced that its trailing suction hopper dredger, ‘Alexander von Humboldt’, had completed 2,000 hours operation on 100% renewable, second-generation Biofuel Oil (BFO). The vessel is powered by 2 ×MAN 12V32/40 and 1 × MAN 7L32/40 main engines. Jan De Nul Group reports that this major milestone represents the […]
In the UK, VistaJet has signed a new partnership with SkyNRG, offering all VistaJet customers around the world access to sustainable aviation fuel. This will promote substantial reductions in aviation carbon emissions and increase stable demand and availability around the world. Partnering with SkyNRG will offer VistaJet customers the most sustainable, cost-effective and scalable solution […]
In Finland, in a move which anticipates increasing desire from airlines to reduce emissions, Neste and Shell Aviation have entered into a sustainable aviation fuel (SAF) supply agreement. This agreement significantly increases the supply and availability of SAF for the aviation industry with effect from October 2020. It brings together Neste’s expertise in the production […]
In Washington, DTN reports Energy Information Data shows ethanol production fell to a 12-week low to 906,000 bpd, 20,000 bpd lower than the week prior. Yet despite lower production, lower blending rates led to the first stock build in three weeks, bringing stocks to 19.997 million barrels. Stocks on the East Coast, Gulf Coast and […]
In the UK, PRIMA’s pricing service has been chosen to launch the world’s first risk management contract for the recycled feedstocks cutting transport’s carbon emissions. The CME-listed futures contract settles against the daily PRIMA European T1 Used Cooking Oil price assessment published by London-based PRIMA. This provides the first instrument for European biodiesel and HVO […]
