News

Feb 22, 2024
Singapore and the International Energy Agency (IEA) have announced the establishment of an IEA Regional Cooperation Centre, which will work with all countries in Southeast Asia to accelerate clean energy transitions. This will be the IEA’s first office outside of its headquarters in Paris, France. The announcement was made during the IEA’s 50th Anniversary Ministerial today in Paris. The…
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Feb 22, 2024
Growth Energy in the US has submitted comments to the California Air Resources Board (CARB) regarding the board’s proposed changes to California’s low-carbon fuel standard (LCFS). Growth Energy CEO Emily Skor issued the following statement in response: “While California has its sights set on the future, the state continues to overlook a significant challenge that it faces right now - …
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Feb 22, 2024
Vitol Bunkers has taken delivery of its first biofuel bunker barge, the Marine Future, at the port of Singapore - paving the way for the company to expand its footprint in the marine biofuels market in Asia. The addition of this specialised IMO type 2 notation bunker tanker to the V-Bunkers fleet will uniquely make it possible to supply biofuel blends including B24, B30 and up to B100, depending…
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Feb 21, 2024
The European Commission has published a detailed impact assessment on possible pathways to reach the agreed goal of making the European Union climate neutral by 2050. The Commission recommends a 90% net greenhouse gas emissions reduction by 2040 compared to 1990 levels, launching a discussion with all stakeholders; a legislative proposal will be made by the next Commission, after the European…
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Feb 21, 2024
Airbus and TotalEnergies have signed a strategic partnership to meet the challenges of aviation decarbonisation with sustainable aviation fuels (SAF). In line with the objective of achieving net carbon neutrality of aviation by 2050, this partnership aims to contribute to the reduction of the sector's CO2 emissions, in which SAF play a key role. SAF supplied by TotalEnergies can reduce up to…
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Feb 20, 2024
Aircastle Limited has made an investment commitment to the United Airlines Ventures’ Sustainable Flight Fund. Sustainable Aviation Fuel (SAF) is an alternative to conventional jet fuel that, on a lifecycle basis, reduces greenhouse gas (GHG) emissions associated with air travel compared to conventional jet fuel alone. Aircastle now joins 21 other corporate partners who represent various…
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Feb 20, 2024
Brazil and Argentina are set to maintain their shares in the global soybean market this crop year. While Brazil's harvest is likely to fall just short of the previous year's bumper crop, Argentina is expected to double its soybean production. Brazil, the US and Argentina are the world's main soybean producing countries, collectively accounting for 80% of global soybean output. China follows…
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Feb 19, 2024
Singapore plans to require all flights departing the country to use sustainable aviation fuel (SAF) from 2026. Transport minister Chee Hong Tat said the country aims for a 1% SAF target from 2026 and plans to raise it to 3-5% by 2030, Reuters reported. "The use of SAF is a critical pathway for the decarbonisation of aviation and is expected to contribute around 65% of the carbon emission…
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Feb 19, 2024
Quadrise Plc has signed a Project Development Agreement (PDA) with renewable biofuels specialists, BTG Bioliquids (BTL) and Euthenia Energy Group. Quadrise and BTL entered into a Joint Development Agreement (JDA) last year to investigate the use of BTL's fast pyrolysis bio-oil (FPBO) as a potential cost-effective renewable feedstock for Quadrise's bioMSAR™ solution. The JDA forms part of the…
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Feb 16, 2024
The current hiccup over the vote to set stricter carbon fleet limits for trucks and buses once again confirms the lack of coordination of a comprehensive strategy - not only at national but also at European level. With this statement, the Union zur Förderung von Oel- und Proteinpflanzen (UFOP) criticised the inappropriate discussion in the Federal Chancellery on the regulation of carbon fleet…
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Feb 16, 2024
European renewable ethanol producers have launched a new legal challenge now directed to the EU’s RefuelEU Aviation Regulation - charging that it improperly excludes crop-based biofuels from the effort to reduce greenhouse-gas emissions from air transport. It’s the second legal challenge from the EU renewable ethanol industry to be raised in recent months alleging discrimination in EU…
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Feb 16, 2024
Natixis Corporate & Investment Banking (Natixis CIB) is investing in the United Airlines Ventures Sustainable Flight FundSM - the first of its kind venture fund focused on funding startups dedicated to the scale up of sustainable aviation fuel (SAF). Natixis CIB joins a group of 22 investors consisting of industry leaders across the aviation value chain including OEMs, airlines, fuel producers,…
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Feb 15, 2024
Nicole Sautter, director of global sustainability at American Express Global Business Travel, looks closely at how the business community is adopting SAF as a pathway towards decarbonisation. The UK has an increasingly narrow opportunity to develop a domestic sustainable aviation fuel (SAF) industry than can help achieve its 2050 net-zero ambitions and create a long-term viable future for the…
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Feb 14, 2024
The FAO vegetable oil price index averaged 122.5 points in January, which was marginally up on the previous month, but still 12.8% below the January 2023 level. In January, higher palm oil and sunflower oil prices contrasted with, and practically offset, lower soybean and rapeseed oil prices. The rise in palm oil prices was first due to seasonally lower production in the most important…
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Feb 14, 2024
David Carpintero, the director general of ePURE, the European renewable ethanol association, looks at the direction of biofuels policy for the year ahead. The last few years of EU climate and energy policy have demonstrated more than ever that Europe needs a new way to think about biofuels and their contribution to transport de-fossilisation. As the EU enters a new political cycle – European…
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