Yesterday JetBlue announced a biojet fuel offtake agreement with SG Preston, totaling 330 million gallons over 10 years, starting in 2019. This offtake agreement dwarfs recent airline announcements for biojet fuel supply and puts it in the same tier as Cathay Pacific's offtake agreement with Fulc...
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News Commentary | September 30, 2021
To achieve the goal of reducing traditional fuels production by 55% by 2030 and providing more low‑carbon fuels, Shell plans to transform its 14 refineries into five energy and chemical parks, with the Rotterdam biofuels facility being the second park announced. The Rotterdam facility is expected to... Not part of subscription
News Commentary | March 08, 2022
The 50‑50 joint venture (JV) with Marathon Petroleum will cost approximately USD 2 billion and convert Marathon's Martinez refinery in California for the production of renewable diesel. Lux labeled renewable diesel as the future of the biobased fuels industry in 2016, and the rapid scale‑up in ... Not part of subscription
News Commentary | May 23, 2022
Two years after deciding to convert the Rodeo Refinery into the world's largest renewable diesel facility, Phillips 66 is doubling down to build another 800‑million gallon/year facility by 2024: Instead of processing crude oil, the converted facility will use waste oils, fats, greases, and vegetable... Not part of subscription