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Aviation Fuel

South Korea plans mix of sustainable aviation fuel for international flights from 2027

South Korea aims to ensure all departing international flights use a mix of about 1% of sustainable aviation fuel (SAF) from 2027. The step aims to prepare for a carbon offset and reduction scheme that becomes mandatory for members of the International Civil Aviation Organization (ICAO) starting from that year.

Air Products and Saneg announce $140-MM assets acquisition deal in Uzbekistan

The Fergana refinery in Uzbekistan is starting the industrial production of hydrogen (H2) by transferring its H2 production assets to Air Products.

U.S. FAA awards nearly $300 MM to SAF projects and technologies

The Federal Aviation Administration (FAA) announced that $291 MM in funding was awarded from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050. 

Slowing global jet fuel consumption adds to oil demand concern

Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the months ahead.

Honeywell UOP and Repsol to collaborate on renewable fuel development

The companies plan to scale and commercialize Honeywell's technologies, which use various wastes like fats, oils, greases, biomass and solids for chemical production and renewable fuels at Repsol’s refineries.

Singapore's middle distillates stocks rise to 3-yr high

Singapore's middle distillates stocks climbed for a second week to hit a 3-yr high of nearly 12 MMbbls, as a drop in diesel/gasoil net exports countered gains in jet fuel/kerosene net exports.

NextChem to conduct a feasibility study for a 60,000-tpy SAF plant in Indonesia

NextChem (Sustainable Technology Solutions) has been awarded a feasibility study, along with PT Tripatra Engineers and Constructors, for a 60,000-tpy sustainable aviation fuel project located in Sei Mangkei, Indonesia.

Repsol and Volotea sign an agreement for SAF supply in Spain until 2029

Repsol and Volotea have reached an agreement for the supply of sustainable aviation fuel (SAF) on flights operated by the airline from airports in Spain.

United is first airline to purchase SAF for O'Hare Int'l airport (Chicago, U.S.)

United Airlines will purchase 1 MMgal of sustainable aviation fuel from Neste for use at Chicago's O'Hare International Airport. 

Angola's new 30,000-bpd Cabinda refinery to start up later this year

Angola’s new Cabinda crude oil refinery is on track to start up later this year before ramping up to full first phase production of 30,000 bpd by July next year.

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