A proposed two-week strike action by Finnish labour unions could affect Neste's Porvoo oil refinery operations next week. Finnish unions have for months protested against the right-wing government's plan to favour local work agreements over centralised bargains, limit political strikes, cut social welfare and make it easier to terminate work contracts, , Reuters reported. Unions... [Read More]

Jet Zero Australia has achieved a significant milestone by successfully receiving funding commitments of A$29 million (€17.5 million). This is a crucial step towards advancing the engineering activities of Jet Zero Australia’s flagship Alcohol-to-Jet (AtJ) Sustainable Aviation Fuel (SAF) project, Project Ulysses, in North Queensland, Australia. Funding will also... [Read More]

Neste has completed its organisational change process, first announced on 1 November 2023. Neste informed that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working. With the simplified organisational structure and operational model, Neste secures... [Read More]

Avfuel Corporation and Neste have finalised a partnership extension that keeps the companies at the forefront of sustainable aviation fuel (SAF) supply for business aviation. The agreement extends the companies' partnership in 2024 and sets the framework until December 2027. Since the inception of the partnership in 2021, Avfuel's uptake of SAF has experienced exponential... [Read More]

OMV has made two acquisitions to strengthen its refinery and supply chain integration and improve the coverage of its existing filling station network in key markets in Europe. First, it has agreed to acquire AP Newco following approval from its supervisory board. OMV will acquire a filling station network encompassing nine sites and cooperation contracts for three... [Read More]

According to the US Department of Agriculture (USDA), global palm oil production in 2023/24 is set to rise to a record high of 79.5 million tonnes, exceeding the previous year's level by just under 2%. The main reason for this forecast is anticipated production increases in Malaysia and Indonesia. Although Malaysian production was seasonally strongly curbed, the USDA... [Read More]

The aviation industry has been working on bio-aviation fuels since the late 2000s. The first flight using bio-aviation fuel took off in 2008 - it was flown by Virgin Atlantic from London to Amsterdam. Since then, many more airlines have carried out flights using bio-aviation fuels. In 2009, the EU Emission Trading System (EU ETS) which sets a cap on how much CO2 can... [Read More]

The strongest biofuel trends we see for this year are mostly in the realm of SAF production growth, which is supported by new mandates in the EU and Japan (more Asian countries are also likely issue mandates over the coming period). The SAF market is readying for take-off, and we are beginning to witness significant global expansion with numerous projects being announced... [Read More]

Apeiron AgroCommodities, one of the largest used cooking oil collectors in Asia, and Jet Zero Australia have partnered on a project under a proposed 50:50 joint venture. This partnership’s aim is developing low carbon intensity feedstocks in Australia to help meet the demand for renewable fuels, including the sourcing of waste oils and production of non-edible crops... [Read More]

Malaysia will monitor how the EU responds to a World Trade Organization (WTO) ruling that supported the bloc's stance that palm oil-based biodiesel should not count as a renewable biofuel. A WTO adjudicating panel, in its first ruling related to deforestation, rejected Malaysia's claims against the EU decision, but accepted its complaints over how the measures had been... [Read More]

Willis Sustainable Fuels has revealed that Redcar and Cleveland Borough Council has approved the plans for its Carbonshift PtL SAF refinery project at Teesworks in Tees Valley, England. The approval is a critical step in the development of the refinery project, which is currently estimated to have annual production capacity of fourteen kilotons (approximately five million... [Read More]

Neste has launched its new emission reduction solution, Neste Impact, for businesses looking to reduce the carbon footprint of their air travel and transport activities. The solution is based on purchasing Neste MY Sustainable Aviation Fuel™ with which greenhouse gas emissions (GHG) can be reduced by up to 80% over the life cycle of the fuel compared to using fossil... [Read More]

Bunge and Chevron have approved a final investment decision for their joint venture in building a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, Louisiana. The announcement was celebrated with a ground-breaking event at the site. The plant features a flexible design, intended to allow it to process soybeans... [Read More]

EU-27 rapeseed imports in the current crop year July-February amounted to 3.5 million tonnes - falling as much as one third short of the previous year's volume. However, imports rose substantially the previous season exceeding that of the 2021/22 season by 6%. According to information published by Agrarmarkt Informations-Gesellschaft (AMI), Ukraine has maintained its... [Read More]

The American Coalition for Ethanol (ACE) sent a letter to members of the Sustainable Aviation Fuels (SAF) Interagency Working Group (IWG) regarding the Greenhouse Gases, Regulated Emissions, and Energy Use in Technologies (GREET) Model for SAF Lifecycle Greenhouse Gas (GHG) Emissions under Section 40B of the Inflation Reduction Act. Accompanying ACE’s letter was an... [Read More]

Nike has recently entered into an agreement with CMA CGM to purchase sustainable biofuel for a part of their maritime transport. This initiative will make an important contribution to the decarbonization of Nike’s supply chain. Nike will use sustainable biofuel for the transportation of 36% of their volume with CMA CGM until May 31. Through this action, Nike will... [Read More]