Biofuels

Indonesia's biodiesel consumption reaches 7.42 MM kiloliters to date

The world's top palm oil producer increased the mandatory proportion of biofuels in its diesel to 40% this year, up from 35%, a policy known as B40 that was designed to reduce the country's reliance on imported diesel.

ORLEN and Krajowa Grupa Spożywcza sign MoU to accelerate biomethane production in Poland

ORLEN and Krajowa Grupa Spożywcza (KGS), Poland’s largest state-owned agri-food group, have entered into a memorandum of understanding to develop a nationwide biomethane portfolio.

Swire Shipping launches new carbon insetting program – ‘Voyage to Zero’

Swire Shipping announced the launch of Voyage to Zero, a carbon insetting program that enables freight customers to reduce their Scope 3 greenhouse gas (GHG) emissions, leveraging GHG savings from second generation biofuels used on any Swire Shipping vessel.

Baker Hughes, PETRONAS collaborate on lubricants and biofuels for turbomachinery supply chain

Baker Hughes and Petroliam Nasional Berhad (PETRONAS) have entered a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition.

Argentina raises biofuel prices for domestic market

The Argentine government raised the prices of biofuels for mandatory local blending on Monday.

Biofuel demand to soak up more than half of U.S. soyoil production next year, USDA says

U.S. biofuel makers will consume more than half of all soybean oil produced in the United States next year as a recent flurry of federal policy moves has transformed the sector, including higher blending mandates and curbs on foreign biofuel imports and feedstocks.

Indian Oil to upgrade Panipat refinery's diesel unit for green jet fuel production

Indian Oil Corp plans to shut the diesel desulfurizer unit at its 300,000-bpd Panipat refinery for an upgrade aimed at producing sustainable aviation fuel (SAF) next year, Arvind Kumar, its head of refineries, said.

Greenergy proposes to close Immingham biodiesel plant in the UK

Natural State Renewables, Axens achieve major milestone towards production of SAF from surplus forest biomass

Natural State Renewables, a future leader in carbon-negative sustainable aviation fuel (SAF) production, has formed a strategic partnership with Axens, a global leader in providing proven sustainable solutions through its comprehensive technology and products portfolio, including for the conversion of biomass to clean fuels.

KHIMOD raises €23 MM to accelerate its growth

KHIMOD, a French climate-tech company that specializes in producing low-carbon synthetic molecules and valorizing carbon dioxide (CO₂), has announced a €23-MM funding round.