In Brazil, Petrobras has signed a memorandum of understanding with MIC Capital Partners (Brazil Strategic Opportunities) Fundo de Investimento em Participações, Mubadala Capital Group’s Multi-strategy Investment Abroad, to develop studies covering future businesses in the downstream segment, with emphasis on evaluating Petrobras’ participation in a biorefining project. The Mubadala Capital Group is in the process […]
In Indonesia, Pertamina, through its subsidiary PT Pertamina International Shipping, and PT Pelindo have signed a collaboration agreement for the Jakarta Integrated Green Terminal (JIGT) development in Kalibaru, North Jakarta. JIGT would not only store fuels like LPG, gasoline, and biodiesel but would also be designed to accommodate LNG, CPO, UCO (Used Cooking Oil), and […]
In South Korea, Korean Air will launch a program to use sustainable aviation fuel (SAF) for air cargo operations in cooperation with air cargo customers and forwarders. Customers can make customized contributions through the Korean Air Cargo SAF program and reduce their carbon footprint. Korean Air will use the contributions to purchase additional SAF and […]
In Brazil, Platts reports the spread between imported diesel A and domestic biodiesel has narrowed enough to potentially increase demand for the bio-based alternative. A narrower spread could entice the government to increase the blending mandate from the current 12%. The mandate is meant to increase 1% per year until reaching 15% in 2026. Although […]
In the UAE, smart and green facilities management (FM) company Farnek has signed a partnership agreement with Dubai headquartered Neutral Fuels to reduce the amount of carbon emissions generated by its transport fleet. Farnek has made a commitment to transition to Neutral Fuels’ B7 blend biodiesel which saves 6.14% of carbon emissions in comparison to […]
In Indiana, WCSI local radio reports that POET’s Cloverdale biorefinery that was shut down four years ago due to the implementation of the Renewable Fuel Standard has now been restarted thanks to strong support for E15. A “Grand Opening” was held last week but the plant won’t be fully online until next week. POET invested […]
In India, the Hindu Business Line newspaper reports that Sri Lanka and Bangladesh have indicated interest in importing ethanol from India. India already exports gasoline and diesel to Bangladesh via pipeline, and India’s transportation minister has indicated that it could be possible to sell both fuels blended with biofuels rather than purely fossil-based fuels. It […]
In the Netherlands, Zeeuws-Vlaanderen/Vlissingen-Oost region can count on 58.5 million euros in European support to absorb the economic and social consequences of the transition from fossil to green industry. ‘CO2 reuse in a cyclic carbonate’ is the first project in this region to receive a subsidy from the new Just Transition Fund (JTF) that started […]
In Minnesota, CBS News reports the state’s regulators greenlighted the continuance of the proposed and disputed Carbon Summit Solutions pipeline project, moving forward with the environmental review process, despite North Dakota’s regulators rejecting the company’s application for key permits last month. South Dakota regulators are set to begin their hearing process next month while Iowa […]
In Fiji, Fiji Airways’ newest Airbus A350-900 XWB aircraft, named the Island of Vatulele, arrived into Nadi, Fiji from Singapore, having flown the entire 8,520 km journey powered by a Sustainable Aviation Fuel (SAF) blend. This is the first time ever that Fiji Airways has operated a flight using a SAF blend. Fiji Airways is […]
