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Sep 14, 2023
Neste welcomes EU’s adoption of revised rules on renewables and aviation targets
Policy News
Sep 13, 2023
The European Parliament has voted to boost the deployment of renewable energy - in line with the Green Deal and REPowerEU plans. The update of the Renewable Energy Directive (RED), already agreed upon between MEPs and Council, raises the share of renewables in the EU’s final energy consumption to 42.5% by 2030. Member states should strive to achieve 45%. The legislation... [Read More]

Policy News
Sep 13, 2023
Neste has rejected claims that it may have received fraudulent used cooking oil (UCO) volumes at its renewable products refinery in Singapore. This was made in the recently published USDA Biofuels Annual Report (1 September, 2023) that referred specifically to virgin palm oil from Indonesia exported fraudulently as UCO via China. The company said it takes suspected... [Read More]

Policy News
Sep 11, 2023
US President Joe Biden's administration looks likely to delay a decision on whether to make it easier for sustainable aviation fuel (SAF) made from corn-based ethanol to qualify for subsidies under the White House's signature climate law until December. The administration has been divided over the issue, which has prompted a fierce lobbying push from US Farm Belt stakeholders... [Read More]

Policy News
Sep 11, 2023
India has announced the launch of a global biofuel alliance during the G20 summit in New Delhi. The alliance, with the United States and Brazil as its founding members, aims to accelerate global efforts to meet net-zero emissions targets by facilitating trade in biofuels derived from sources including plant and animal waste, Reuters reported. "We are launching the Global... [Read More]

Policy News
Sep 6, 2023
Velocys has welcomed the UK Department for Transport confirming its commitment to introduce a revenue certainty scheme for sustainable aviation fuel (SAF). The DfT will launch a consultation on the design and delivery of the scheme, which should attract further investment into the UK SAF industry. A SAF scheme is expected to be highly beneficial to the Altalto Immingham... [Read More]

Policy News
Sep 5, 2023
The Department for Transport has issued an announcement titled New measures to support sustainable aviation fuel industry – highlighting a revenue certainty scheme to support sustainable aviation fuel production in the UK. Sustainable Aviation (SA), an alliance of UK airlines, airports, aerospace manufacturers, air navigation service providers and SAF producers, has... [Read More]

Policy News
Sep 1, 2023
The Malaysian government has launched the second phase of its National Energy Transition Roadmap (NETR). This was launched by Prime Minister Datuk Seri Anwar Ibrahim and the NETR includes the implementation of a B30 biodiesel blending mandate. This has a target date of 2030 for B30 biodiesel to be mandated “when POGO [palm oil vs low-sulphur gas oil] spreads are projected... [Read More]

Policy News
Aug 30, 2023
More than 30 industry leaders and environmental campaigners have today urged ministers to cut duties on clean replacements for diesel. In a letter to the UK Transport Minister Jesse Norman, they cite the “urgent imperative” to reduce harmful pollutants, with 1 in 20 deaths across the UK directly attributed to poor air quality. The UK transport was responsible for... [Read More]

Policy News
Aug 29, 2023
Global soybean production in the running season is likely to amount to round 403 million tonnes, with Brazil, Argentina and the US accounting for 81% of that figure, according to the US Department of Agriculture (USDA). Around 402.8 million tonnes of soybeans are expected to be produced worldwide in 2023/24. The USDA lowered its July forecast by 2.5 million tonnes. The... [Read More]

Policy News
Aug 29, 2023
The European Union is looking at Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, Reuters reported. This is ahead of an anticipated boom in demand for environmentally sustainable air travel, an EU official said. The EU has pledged to dedicate half of its €300 billion ($324 billion) infrastructure plan, seen as a rival to China's... [Read More]

Policy News
Aug 25, 2023
The downstream oil sector’s leading trade begins its new phase as Fuels Industry UK to demonstrate its evolving remit to champion low carbon fuels as well as traditional petroleum products. Previously known as the United Kingdom Petroleum Industry Association (UKPIA), the change reflects its members' ambition to manufacture and supply the biofuels, low carbon hydrogen... [Read More]

Policy News
Aug 23, 2023
US oil refiner Phillips 66 and grain trader Archer-Daniels-Midland (ADM) are in talks over a new biofuels joint venture, Reuters reported. The aim is of the collaboration is to produce sustainable aviation fuel (SAF). The oil and corn-based ethanol industries, which were at odds for years over blending mandates, have increasingly become allies amid a series of partnerships... [Read More]

Policy News
Aug 16, 2023
Google has joined a Shell-backed blockchain platform that allows airlines to sell sustainable aviation biofuels (SAF) credits to business customers. The Avelia programme was launched by Shell and American Express Global Business Travel (BGT) last year. It aims to initially offer 1 million gallons of SAF credits to corporate customers. The initiative aims to connect... [Read More]

Policy News
Aug 15, 2023
The American Coalition for Ethanol (ACE) has called on US President Joe Biden to ensure the Environmental Protection Agency (EPA) promptly finalises its proposed regulation to eliminate the 1-pound per square inch (psi) Reid vapour pressure (RVP) waiver for petroleum containing 10% ethanol (E10) in eight states. In a letter to President Biden, ACE CEO Brian Jennings... [Read More]

Policy News
Aug 14, 2023
According to the UK’s Department for Transport (DfT) renewable fuels made up of 8.2% of the country’s road transport and non-road mobile machinery fuel mix this year. Between 1 January and 3 August 1.969 billion litres equivalent of renewable fuels were supplied in the UK, according to Argus Media analysis. Biodiesel accounted for 39% of total renewable fuels supplied... [Read More]

Policy News
Jul 26, 2023
Eni, Enel and other Italian energy groups look set to benefit from a partial transfer of European Union funds to the REPowerEU scheme. In a report analysing Italy's challenges to spend €191.5 billion of EU post-COVID funds by 2026, DBRS noted that the Italian government was trying to shift some of that money to the green energy initiative REPowerEU, Reuters reported. "We... [Read More]


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