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Biofuels

Investment will further advance commercialization of renewable hydrogen and SAF from biomass and waste

RockCreek announced the closing of an investment in Raven SR, Inc., a company that produces high-value renewable transportation fuels from a variety of feedstocks, including waste streams, using a proprietary non-combustion process.

ECARU, Qalaa Holdings, and Axens to study second-gen biofuel and SAF production project

ECARU, Qalaa Holdings, and Axens, signed a cooperation protocol to carry out technical and economic studies for a project of second-generation biofuel and SAF production.

Air Canada explores possible use of lower-carbon plane fuel

Canada's largest airline has inked a deal seeking to bring in more lower-carbon aviation fuel from green hydrogen and carbon dioxide by 2025.

Gazprom Neft's vessels to use biofuel produced from waste cooking oil

Russia's successor to McDonald's has teamed up with energy company Gazprom Neft to fuel marine vessels with biofuel produced using waste cooking oil an effort to lower their carbon footprints.

Higher Brazil ethanol blend would take extra 3.5% sugar from market

The Brazilian government's proposal to increase ethanol blending in gasoline to 30% from 27% currently would lead to using an additional 3.5% of the country's recoverable sugar to make ethanol.

Brazil's Petrobras touts refining plan as Russian diesel imports jump

Brazilian state-run oil firm Petrobras will double down on its strategy to maximize motor fuel from its local refineries even as it boosts imports of cheap Russian diesel.

Russian sea-borne diesel exports show monthly growth of 11%

Russia's sea-borne diesel and gasoil exports rose by 11% to about 1.9 million tons in the first 17 days of July from the same period in June, as production grew after seasonal refinery maintenance, data from traders and Refinitiv Eikon showed.

China's June diesel exports fall to lowest level in over a year

China's diesel exports fell to the lowest level in more than a year in June as refiners curbed production in favor of more lucrative gasoline and aviation fuels. 

Portugal's environment agency greenlights Galp biodiesel, biojet plant

Portugal's environment regulator said it had approved a project by Portuguese oil company Galp to launch an industrial-scale plant to produce biodiesel and biojet fuel using cooking oils at its Sines refinery.

Small U.S. refiners plan to challenge biofuel blending waiver denials

A group of refiners plan to file a lawsuit challenging the Biden administration's rejection of waivers to exempt oil refiners from biofuel blending mandates which has left some on the hook for hundreds of millions of dollars.