Spain’s Cepsa to expand SAF supply to five airports news Fayaz Hussain 29 Nov 23 0 Spanish energy company Cepsa announced that it has begun marketing sustainable aviation fuel (SAF) at Malaga airport expanding its supply of green fuel after it… Read more
Preem invests $527m to convert Lysekil oil refinery into renewables site news Fayaz Hussain 27 Nov 23 0 Sweden’s largest fuel refiner Preem said it plans to invest additional SEK5.5bn (US$527.6m) to phase out fossil production from its Lysekil oil refinery in favour… Read more
Velocys and Yield10 need financing fast opinion Fayaz Hussain 24 Nov 23 0 Everyone agrees that demand for Sustainable Aviation Fuel (SAF) is strong. But two companies involved in the SAF production chain have said they will run… Read more
Heathrow announces £71m SAF incentive for airlines news Fayaz Hussain 24 Nov 23 0 Heathrow Airport announced that it is planning to extend its carbon cutting scheme for third year through a £71m scheme to help halve the price… Read more
Neste issues €600m green bond news Fayaz Hussain 15 Nov 23 0 Neste Corporation, a Finnish company that produces renewable fuels and biomaterials, has issued a €600m green bond with a 7.5-year maturity and a fixed coupon… Read more
Gevo reports 15-fold increase in revenue to $4.5m news Fayaz Hussain 13 Nov 23 0 Gevo, a renewable chemicals and advanced biofuels company, reported revenue of $4.5m in the third quarter of 2023, up 15-fold from the same period last… Read more
Air France-KLM invests $4.7m in DG Fuels SAF facility; expands offtake agreement news Fayaz Hussain 10 Nov 23 0 Air France-KLM Group announced $4.7m investment in DG Fuels’ Sustainable Aviation Fuel (SAF) production facility in Louisiana, US and acquired a new option to purchase… Read more
Velocys convertible loan notes extension falls short news Fayaz Hussain 31 Oct 23 0 Velocys said that it has failed to meet the deadline to complete the funding deal announced earlier this year. “The company announced on September 21st… Read more
Neste reports €5.97bn revenue in Q3 news Fayaz Hussain 26 Oct 23 0 Neste Group posted revenue of €5.9bn in the third quarter (3Q), down 9% year-on-year due to lower market and sales prices despite higher volumes. Segment-wise… Read more
KGAL invests in Arcadia eFuels’ facility in Denmark news Fayaz Hussain 12 Oct 23 0 KGAL ESPF 6, a new Article 9 impact fund, has invested in Arcadia eFuels’ hydrogen-based production facility in Vordingborg, Denmark. The plant is expected to… Read more
Elyse Energy enters financing deal with Hy24, Mirova to produce SAF, e-fuels news Fayaz Hussain 2 Oct 23 0 Elyse Energy has entered in a financing deal with Hy24 and Mirova to produce one million tonnes of e-methanol and 200,000 tonnes of Sustainable Aviation… Read more
Studying sogo shosha opinion Alasdair Whyte 28 Sep 23 0 Nike’s Worldwide Headquarters in Portland Oregon is not just a place to work. It also tells the history of the company. There are buildings named… Read more
Mitsui invest in Galp to bring SAF production to Portugal news Oscar Henderson 26 Sep 23 0 Mitsui has invested in Galp for Renewable Diesel (Hydrotreated Vegetable Oil, HVO) and Sustainable Aviation Fuel (SAF) production at their Sines refinery. The total investment… Read more
GEVO’s Farm-to-Flight programme takes off with $30m USDA grant news Oscar Henderson 14 Sep 23 0 US biofuel company, GEVO, have finalised and executed a Notice of Grant and Agreement award with the US Department of Agriculture (USDA) for a Partnerships… Read more
VARO Energy investing $600m to build SAF refinery in Rotterdam news Oscar Henderson 13 Sep 23 0 VARO Energy is building a large-scale Sustainable Aviation Fuel (SAF) production facility at the Guvnor Energy site in Rotterdam. The firm will invest $600m in… Read more