Category: Fuels

Peru contracts B100 yet again from Heaven Petroleum Operators

Peru contracts B100 yet again from Heaven Petroleum Operators

January 12, 2022 |

In Peru, La Republica reports state-owned company Petroperú selected the offer from the national company Heaven Petroleum Operators (HPO) for the supply of B100 biodiesel, after a process in which foreign firms Trafigura and Repsol Trading, as well as BioEnergy Peru also presented their respective economic proposals.  HPO is the same supplier that won a […]

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Deal Flow for 1/13/22: Solvay, Trillium, LanzaJet, Microsoft CIF, Maersk, Hyundai Heavy, Liquid Wind, Neste, Ørsted, Ballard

Deal Flow for 1/13/22: Solvay, Trillium, LanzaJet, Microsoft CIF, Maersk, Hyundai Heavy, Liquid Wind, Neste, Ørsted, Ballard

January 12, 2022 |

LanzaJet secures $50M from Microsoft CIF for first commercial SAF plant LanzaJet, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) […]

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ExxonMobil acquires 49.9% stake in Norway’s Biojet AS

ExxonMobil acquires 49.9% stake in Norway’s Biojet AS

January 11, 2022 |

In Texas, ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components. Biojet AS plans to develop up to five facilities […]

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Vertimass and European Energy sign LOI for carbon capture and conversion

Vertimass and European Energy sign LOI for carbon capture and conversion

January 11, 2022 |

In California, Vertimass and European Energy have completed a Letter of Intent to integrate technologies for capturing carbon dioxide and converting it into hydrocarbon products around the world, a result that would reduce emissions of carbon dioxide that contribute to climate change.  This unique combination takes advantage of European Energy’s expertise in capturing carbon dioxide […]

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Deal Flow for 1/13/22: Solvay, Trillium, LanzaJet, Microsoft CIF, Maersk, Hyundai Heavy, Liquid Wind, Neste, Ørsted, Ballard

Deal Flow for 1/13/22: Solvay, Trillium, LanzaJet, Microsoft CIF, Maersk, Hyundai Heavy, Liquid Wind, Neste, Ørsted, Ballard

January 11, 2022 |

LanzaJet secures $50M from Microsoft CIF for first commercial SAF plant LanzaJet, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) […]

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Zimbabwe drops decade-long E10 mandate

Zimbabwe drops decade-long E10 mandate

January 11, 2022 |

In Zimbabwe, News Day reports that after a decade of the E10 blending mandate, the national energy regulator has scrapped ethanol blending all together. Ethanol blending in the country has been riddled with controversy from a monopoly supplier and concerns of corruption surrounding it together with environmental challenges that has impeded ethanol production at times […]

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Avantium Renewable Polymers to buy wheat-based HFS from Tereos for feedstock

Avantium Renewable Polymers to buy wheat-based HFS from Tereos for feedstock

January 11, 2022 |

In France, Avantium signed a strategic supply agreement (conditional to financial close) with Tereos Cooperative group, whereby Avantium Renewable Polymers will purchase high fructose syrup made from European wheat as the feedstock for the planned FDCA furandicarboxylic acid) Flagship Plant in Delfzijl. The multi-year agreement secures 100% bio-based and local feedstock for the flagship plant. […]

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Airbus begins delivery of all US-built aircraft with US-sourced SAF

Airbus begins delivery of all US-built aircraft with US-sourced SAF

January 11, 2022 |

In Alabama, Airbus has begun delivery of all aircraft from its U.S. manufacturing facility here with a blend of U.S.-sourced sustainable aviation fuel (SAF) and conventional jet fuel. The initiative is a further step in Airbus’ ongoing commitment to carbon-neutral growth in the aviation sector, with a long-term goal of developing a zero carbon-producing commercial […]

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Summit Carbon Solutions teams with Northern Plains Nitrogen on CCS

Summit Carbon Solutions teams with Northern Plains Nitrogen on CCS

January 10, 2022 |

In Iowa, Summit Carbon Solutions is pleased to announce a new partnership with Northern Plains Nitrogen (“NPN”) in its carbon capture and storage project, which is focused on decarbonizing the agriculture and biofuels industries.  NPN is developing a world-scale blue ammonia plant near Grand Forks, North Dakota, which will supply a range of low carbon […]

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Calumet closes $50M in financing for renewable hydrogen plant in Montana

Calumet closes $50M in financing for renewable hydrogen plant in Montana

January 10, 2022 |

In Indiana, Calumet Specialty Products Partners, L.P. announced that Montana Renewables LLC (“MRL”) has closed the previously announced $50 million of project financing from Stonebriar Commercial Finance LLC related to construction of the renewable hydrogen plant for Calumet’s renewable diesel business in Great Falls, Montana. Once complete, the renewable hydrogen plant will allow increased production […]

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