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
Phillips 66 on track to begin SAF, RD production at Rodeo refinery in 2024 news Fayaz Hussain 31 Oct 23 0 Phillips 66 in its earnings release for the third quarter of 2023 said that its Rodeo Renewed refinery conversion project is on track and will… 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
Study finds €2.55bn SAF potential in Ireland news Fayaz Hussain 25 Oct 23 0 A study carried out by SkyNRG and SFS Ireland in collaboration with Avolon, Boeing and ORIX Aviation found that Ireland has the potential to generate… Read more
SAF ‘most promising option’ to decarbonise aviation news Fayaz Hussain 24 Oct 23 0 Efficiency improvements are vital to reducing aviation emissions, but they cannot solve the problem of aviation sector’s emissions alone by 2050. With demand for air… Read more
Velocys launches Ohio facility news Fayaz Hussain 23 Oct 23 0 Velocys announced the launch of its technology facility in Plain City, Ohio that will house the reactor core assembly and catalysis operations which form a… Read more
DHL Express enters in aviation’s largest SAF certificate deal with World Energy news Fayaz Hussain 19 Oct 23 0 DHL Express signed a long-term strategic agreement with World Energy to purchase around 668m liters of Sustainable Aviation Fuel (SAF) via sustainable aviation fuel certificates.… Read more
Rolls-Royce tests Pearl jet engines on 100% SAF news Fayaz Hussain 19 Oct 23 0 Rolls-Royce announced successful completion of a series of tests with 100% Sustainable Aviation Fuel (SAF) on its latest generation of business aviation engines, the Pearl… Read more
Ryanair signs 500 tonnes SAF offtake agreement with OMV news Fayaz Hussain 19 Oct 23 0 OMV and Ryanair announced the signing of an offtake agreement to supply 500 metric tonnes of Sustainable Aviation Fuel (SAF) at Vienna Airport in 2023.… Read more
Neste to supply 3m SAF gallons to Emirates over next two years news Fayaz Hussain 18 Oct 23 0 Emirates has signed an agreement with Neste to purchase over 3m gallons of blended Neste MY Sustainable Aviation Fuel (SAF) in 2024 and 2025. The… Read more
Alder produces carbon negative SAF from Miscanthus news Fayaz Hussain 17 Oct 23 0 Sustainable Aviation Fuel (SAF) produced from Miscanthus can reduce greenhouse gas emissions by 110% compared to conventional fossil jet fuel, results from a comprehensive study… Read more
Embraer’s Phenom 300E, Praetor 600 complete 100% SAF flight tests news Fayaz Hussain 16 Oct 23 0 Embraer announced that it successfully tested Phenom 300E and Praetor 600 flights on 100% neat sustainable aviation fuel (SAF). “We are proud to have successfully… 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
SAF powered Fly Red Sea takes off in Saudi Arabia news Fayaz Hussain 12 Oct 23 0 Fly Red Sea announced the take-off of its first seaplane flight in Saudi Arabia. The company announced that it plans to fuel its fleet of… Read more
Boeing, Unicamp to explore SAF in Brazil news Fayaz Hussain 11 Oct 23 0 Boeing announced its plan for funding to extend their sustainability partnership with State University of Campinas (Unicamp) to develop the third phase of the SAFMaps… Read more