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Miller-Meeks questions Wright on DOE’s request to virtually eliminate biofuel budget

April 23, 2026

BY Erin Krueger

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OMV Petrom secures placement of part of future biofuels production starting 2028

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By OMV Petrom

43 minutes ago

Sustainable Aviation Fuels Business 

OMV Petrom SA has concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) to be produced in Petrobrazi refinery.

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The Senate Ag Committee on June 23 released a Farm Bill 2.0 discussion draft. The legislation includes a major revamp of the Section 9003 loan guarantee program, including language allowing grants of up to $10 million for certain eligible projects.

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The USDA on June 18 released data showing the cost of soybean production is expected to increase more than 4% this year, reaching $$683.89 per acre. Per-acre costs are currently expected to expand by an additional 3% in 2027.

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Petrobras on June 19 announced its board of directors has approved a $1.2 billion project to produce sustainable aviation fuel (SAF) and renewable diesel at its existing Presidente Bernardes Refinery (RPBC), located in Cubatão, São Paulo, Brazil.

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EcoCeres announced the extension of its sustainable aviation fuel (SAF) supply agreement with British Airways until the end of 2030. The SAF is produced from 100% waste-based feedstocks, such as used cooking oil (UCO).

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