In Sweden, VARO Energy reached agreement to acquire Preem Holding AB and Preem AB through the purchase of 100% of the share capital of the parent company, Corral Petroleum Holdings AB (“CPH”), in an all-cash transaction. Subject to customary closing conditions and the receipt of regulatory approvals the transaction is expected to be completed in […]
In New York state, New York’s Department of Citywide Administrative Services (DCAS) has awarded its first tender to buy renewable diesel for its ferries. The tender is part of a plan announced in October 2024 to transition the Staten Island Ferry and other vessels to renewable diesel. DCAS is basing its tender — for barge […]
In Belgium, ISCC is aware of the recent discussions by the EU Committee on Sustainability of Biofuels, Bioliquids, and Biomass Fuels concerning future recognition of ISCC EU certification of waste-based biofuels. According to its current information, the European Commission is considering suspending the recognition of ISCC EU for waste-based biofuels for 2.5 years. This action is said to […]
In Finland, Tour d’Europe is an initiative demonstrating the availability and potential of renewable fuels to help drive decarbonization and contribute to climate neutrality today and for decades to come. The Tour d’Europe involves 20 different companies, associations and institutions from across the automotive and fuels value chain. Cars and trucks bearing a distinctive “Tour […]
In Germany, Cleantech company C1 Green Chemicals AG has successfully secured €20 million in fresh capital to bring its groundbreaking green methanol catalysis technology to market. Green methanol can be used to defossilize three key industries: shipping, aviation and carbon-based chemical production. At the same time, the use of this circular raw material significantly reduces […]
In Belgium, Glander International Bunkering facilitated two consecutive BioLNG deliveries in March 2025 for Neste’s LNG-fueled tanker fleet. These successful supplies showcase its capability to manage complex deliveries under tight deadlines, while helping clients meet ESG objectives towards using lower-carbon fuels. During both operations – one in Antwerp, Belgium and the other in Hamina, Finland […]
In Germany, the country’s largest proton exchange membrane (PEM) electrolyzer has gone into operation at BASF’s Ludwigshafen site. Designed to produce zero-carbon hydrogen, the electrolyzer has a connected load of 54 megawatts and the capacity to supply the main plant with up to one metric ton of this substantial chemical feedstock every hour. After a construction […]
In Japan, Mitsubishi Gas Chemical Company announced it has commenced construction of a methanol production demonstration facility within its Mizushima Plant. The facility will utilize diverse gases, including CO2 and industrial by-product gases as raw materials. The facility will have an annual production capacity of 100 tons of methanol and is expected to begin demonstration […]
In India, Precendence Research reported that the global advanced biofuels market revenue reached $87.98 billion in 2024 and is predicted to attain around $1443.4 billion by 2033 with a CAGR of 34.85%.The advanced biofuel market is propelled by renewable energy requirements, government support, technological developments, and accessible, sustainable resources such as algae and lignocellulosic biomass, […]
In Australia, HyFuel Solar Refinery, a subsidiary of Vast Renewables Limited, has been awarded $441,000 through the Australia-Singapore Low Emissions Technologies (ASLET) initiative for maritime and port operations. The funding will progress the development of South Australia Solar Fuels (SA Solar Fuels), a sustainable fuels project collaboration between Vast and global energy company Mabanaft. SA […]
