Category: Fuels

Ammonia: A Promising Yet Challenging Marine Fuel

Ammonia: A Promising Yet Challenging Marine Fuel

July 24, 2024 |

In Houston, The American Bureau of Shipping has released an advisory to address the technical and operational challenges of ammonia bunkering, aiding the maritime industry’s shift to this promising fuel. Green ammonia, produced from renewable sources, offers a sustainable solution with greenhouse gas (GHG) emissions up to 91% lower than gray ammonia and 85% lower […]

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Airbus invests in Lanzajet to develop ATJ pathway

Airbus invests in Lanzajet to develop ATJ pathway

July 24, 2024 |

In the UK, Airbus is investing in LanzaJet in line with its ambition to act as a catalyst for the global development of sustainable aviation fuels (SAF). This investment will support the development of the Alcohol-to-Jet (ATJ) pathway, an important step required to produce SAF at scale by enabling LanzaJet to further expand its capability […]

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Nest commissions terminal capacity for SAF in Houston

Nest commissions terminal capacity for SAF in Houston

July 24, 2024 |

In Texas, Neste has commissioned terminal capacity at ONEOK’s terminal in Houston, Texas for blending and storing Neste MY Sustainable Aviation Fuel. This is a major step in further expanding the availability of Neste’s SAF to airlines also operating from airports east of the Rocky Mountains all the way to the East Coast. The new […]

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Boeing and Clear Sky team to test and advance Firelfy’s SAF production in the UK

Boeing and Clear Sky team to test and advance Firelfy’s SAF production in the UK

July 24, 2024 |

In the UK, Boeing and Clear Sky, an investment company dedicated to aviation sustainability, are joining forces to accelerate sustainability solutions for aviation. As an initial project, the companies will help in testing and advancing Firefly Green Fuels’ cutting-edge technology to increase sustainable aviation fuel (SAF) production in the UK. Firefly transforms sewage waste feedstock […]

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Large Spanish olive oil producers invest $148.5M in biomethane projects

Large Spanish olive oil producers invest $148.5M in biomethane projects

July 24, 2024 |

In Spain, El Economista newspaper reports large olive oil producers enter the biomethane business in the province of Jaén. There are four projects underway to produce biogas from alpeorujo that require a joint investment of 137 million euros in the municipalities of Martos, Guarromán, Castellar and Mancha Real, financed through public-private collaboration. The Minister of […]

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Nexus Development Capital invests $9M in Castlerock Biofuels

Nexus Development Capital invests $9M in Castlerock Biofuels

July 24, 2024 |

In New York state, Nexus Development Capital, LLC announced an investment of approximately $9 million in Castlerock Biofuels, a joint venture company led by Ensyn Corporation (Ensyn) and Castlerock Green Energy LLC (CGE). This investment marks a substantial step forward in the development of renewable fuel production facilities in the United States. Castlerock Biofuels is […]

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Cemvita achieves biofuel production goal 5 years early

Cemvita achieves biofuel production goal 5 years early

July 24, 2024 |

In Texas, Cemvita has unlocked new efficient technologies that allow for the production of up to 500 barrels per day of sustainable oil from its first commercial plant—a goal originally projected for 2029.   In an industry where reaching scale is known to be limited and expensive, Cemvita’s technological advances in lipid productivity have enabled the […]

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Ethanol production slows slightly as margins pinch

Ethanol production slows slightly as margins pinch

July 24, 2024 |

In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production dipped slightly last week to 1.095 million barrels per day as margins tighten slightly, pushing stocks higher by more than half a million barrels compared to the week prior to 23.723 million barrels. Demand by blenders for ethanol was up 4% on […]

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Coalition led by Airbus invests $200M in SAF financing fund

Coalition led by Airbus invests $200M in SAF financing fund

July 23, 2024 |

In France, Airbus, the Air France-KLM Group, Associated Energy Group, LLC, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital Inc. and Qantas Airways Limited co-invested in a Sustainable Aviation Fuel (SAF) financing fund to accelerate the production of SAF. The corporate partners worked with investment manager Burnham Sterling Asset Management to establish the Sustainable Aviation Fuel […]

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Eni signs exclusive agreement to sell up to 25% of Enilive to KKR

Eni signs exclusive agreement to sell up to 25% of Enilive to KKR

July 23, 2024 |

In Italy, Eni has signed a temporary exclusivity agreement with KKR, a leading global investment firm, aimed at progressing the due diligence phase and completing the drafting of the documents related to the sale of a 20% to 25% stake in Enilive, based on a valuation of the company between 11.5 billion and 12.5 billion […]

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