Biofuels
Maire subsidiaries awarded various contracts worth approximately $1.1 B
MAIRE announced that its subsidiaries TECNIMONT and KT-Kinetics Technology have been granted new awards for a total amount of approximately $1.1 B for engineering, procurement and construction activities related to gas treatment infrastructures, as well as high-value added engineering services provided by NEXTCHEM's group companies for the development of biofuel facilities.
Indonesia's biodiesel consumption at 4.44 MM kiloliters up to April 24
Indonesia's biodiesel consumption this year up to April 24 was 4.44 MM kiloliters (kl).
Repsol and Bunge to boost development of renewable fuels in Europe with intermediate crops
The companies will collaborate to process intermediate crops into low-carbon intensity oils to be used as feedstock for the production of renewable diesel or sustainable aviation fuel (SAF).
Repsol surpasses 1,000 service stations with 100% renewable Nexa Diesel
The multi-energy company's goal is to end the year with 1,500 service stations offering this fuel in the Iberian Peninsula.
The role of coatings in the transition to renewable feedstocks
One often overlooked aspect of the shift to renewable feedstocks involves the critical role of coatings in protecting infrastructure. While advanced coatings have long supported the industry, new innovations must address the evolving demands of renewable feedstocks. These enhanced coatings will safeguard infrastructure from the more aggressive chemical environments introduced by renewable feedstocks, ensuring long-term durability and operational efficiency.
EIA: Oil prices and refinery margins fell slightly in first quarter of 2025
During the first quarter (1Q) of 2025, crude oil prices generally decreased while U.S. refinery margins initially increased before decreasing in the final month of the quarter. In its quarterly update, the U.S. Energy Information Administration (EIA) reviews petroleum markets price developments in 1Q, covering crude oil prices, refinery margins, biofuel compliance credit prices and natural gas plant liquids prices.
Biofuel maker Neste expects limited impact from tariffs, but supply glut still weighs
Finnish biofuel maker and oil refiner Neste expects U.S. tariffs will have only a limited direct impact on its business, but warned of continuous oversupply in renewable fuel and market volatility.
Topsoe chosen as technology provider by Zhejiang Jianglan for SAF project
Once fully operational, the plant is set to produce 300,000 tons of SAF annually which will initially be exported to European markets.
Eckero Line to use Neste renewable diesel for commercial maritime transport
Neste and Finnish company Eckerö Line, which operates ferry services between Helsinki and Tallinn, are continuing their collaboration to reduce maritime emissions. Eckerö Line provides freight and passenger services on the Baltic Sea and is the first company in Finland to adopt Neste MY Renewable Diesel™ for commercial maritime transport.
California (U.S.) governor drives out refiners then pleads for reliable fuel supplies
California (U.S.) Governor Gavin Newsom has directed state officials to step up efforts to guarantee reliable fuel supplies for the nation's biggest auto market, prompting oil companies to blame state policies for difficult business conditions and high pump prices.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
