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Biofuels

EPA sends final biofuel blending mandate rule to White House for review

The U.S. Environmental Protection Agency has sent a final rule on the amount of ethanol and other biofuels that oil refiners must blend into their fuel over the next three years to the White House for review putting it on track to meet a June deadline to finalize the mandates.

bp targets farms and feedstock as biofuel race gathers pace

bp is considering buying stakes in biofuel feedstock producers and investing directly in farming ventures to secure supplies as the global race for the low-carbon fuel gathers pace.

Renewable fuels to drive Neste's growth this year says CEO

Finnish refiner Neste expects renewable fuels from its new facilities in Singapore and the U.S. to drive its growth this year despite expectations of lower oil product margins in the second quarter.

EU countries set to finalize first green aviation fuel goals

European Union countries are set to finalize targets for airlines to increase their use of sustainable fuels as an initial step towards curbing CO2 emissions from aviation, a final version of the law showed.

Reliance courts Indian diesel market with cheaper supply

India's Reliance Industries Ltd has turned its sights on the domestic market, offering a high-performance diesel at a lower price than fuel sold by state-owned retailers, the operator of the world's biggest refining complex said.

Summit Next Gen to use Honeywell Ethanol-to-Jet Fuel technology for production of SAF

Honeywell today announced that Summit Next Gen will create a sustainable aviation fuel production platform using Honeywell Ethanol-to-Jet Fuel processing technology.

ORLEN Południe plant makes propylene glycol production more sustainable based on BASF technology

ORLEN Południe has recently concluded the first year of operation of its BioPG plant, converting glycerol, a by-product of biodiesel production, into renewable propylene glycol.

Iraq expects Total to begin $27-B energy project in second half of 2023

Iraq expects TotalEnergies to begin operations on a long-delayed $27-B oil, gas and renewables project in the second half of 2023 after finalizing side-contracts with a state oil company.

Emirates airline creates $200-MM aviation sustainability fund

Emirates airline said it had committed $200 MM to a research fund focusing on reducing the impact of fossil fuels in commercial aviation, because hitting net zero emissions targets would not be possible with currently available options.

China cuts second batch of 2023 fuel export quotas

China has decreased its second batch of export quota volumes for refined oil products, consultancies and trader sources said, focusing on local demand during the refinery overhaul season and boosting domestic sales amid poor export margins.