We recently caught up with Paul Woods of Algenol (see February 2, 2010 LRBJ), who informed us that Algenol has managed to lasso in yet another corporate partner, Valero. The firms announced a joint development deal last week, though the dollar amount of Valero's investment remains undisclosed. Accor...
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News Commentary | February 12, 2021
While British Airways has not formally pulled out of Velocys' MSW‑to‑SAF project in the U.K., the airline is seeking another potential source for sustainable aviation fuel (SAF) through an investment and off‑take agreement with LanzaTech's planned U.S. commercial facility. This is another promising ... Not part of subscription
News Commentary | March 03, 2021
This announcement follows India Oil Corporation's (IOC) statement in 2019 that it would invest $28 billion in various technologies through 2025, noting that the bulk of the spending would likely be allocated toward its core refinery business. With the significant decrease in gasoline and diesel ... 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