The agreement is in line with HELLENIC PETROLEUM Group’s strategic goal to become a provider of low-carbon energy solutions and to reduce its carbon footprint by 50% by 2030.
With the need to reduce CO2 emissions from the large number of existing vehicles around the globe, developing fuels that help meet sustainability needs is a priority for Shell.
BASF is committed to renewable energy solutions to power its sites across the United States and has entered into virtual power purchase agreements for wind and solar power totaling 250 megawatts.
Viva Aerobus took its first flight powered by SAF from Los Angeles to Guadalajara on June 15. The uplift was made possible by the partnership between Avfuel and Neste.
Shell International and the Lufthansa Group have signed an MoU for exploring the supply of SAF at airports across the globe. The parties intend to agree on a contract for a total supply volume of up to 1.8 MMt of SAF starting in 2024.
In case you missed any downstream news, here are the top stories from last week.
CapturePoint LLC has submitted an application to build a carbon capture storage facility in Rapides Parish, Louisiana, roughly 90 miles north of Lafayette.
The National Air Transportation Association (NATA) in partnership with 4AIR announced the release of a first-ever SAF receipt for business aviation.
Sainsbury’s has announced the launch of Sainsbury’s Innovation Investments which will invest a minimum of £5 MM over the next four years into start-up businesses commercializing innovative, sustainable technologies that look to reduce operational carbon emissions and water usage.
bp has opened its first ultra-fast-charging facilities aimed at medium and heavy-duty electric trucks to support the decarbonization of the sector – where, according to the IEA, tailpipe CO2 emissions have increased on average 2.2% annually since 2000.