Phillips 66 reports difficult Q1 for renewables segment

By Erin Voegele

a day ago

Business Operations 

Phillips 66 released Q1financial results on April 25, reporting reduced pre-tax earnings for its renewable fuels segment despite increased production volumes. The changing tax credit structure is one factor that impacted earnings.

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Taiwan-based EVA Air signs 3 SAF agreements

By EVA Air

a day ago

Sustainable Aviation Fuels Business Use 

EVA Air announced the signing of sustainable aviation fuel (SAF) procurement agreements with three major suppliers: AEG FUELS from the U.S., COSMO Oil Marketing Co. Ltd. from Japan, and Formosa Petrochemical Corp. from Taiwan.

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Optimus Technologies launches Vector System for International S13 Platform

By Optimus Technologies

April 25, 2025

Use Business 

As the demand for fleet decarbonization continues to intensify, Optimus Technologies on April 22 announced the production launch of its latest Vector System, a fuel system technology that enables heavy-duty engines to operate on B100.

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Minnesota Pollution Control Agency awards $75,000 SAF grant to U of M initiative

By Minnesota Pollution Control Agency

April 25, 2025

Sustainable Aviation Fuels Business 

The Minnesota Pollution Control Agency on April 22 announced it has awarded a $75,000 grant to University of Minnesota’s Forever Green Initiative, which intends to make camelina a crop of the future that will help the state develop a SAF industry.

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Aemetis India begins biodiesel shipments to OMCs under $31 million allocation

By Aemetis Inc.

April 25, 2025

Business Markets 

Aemetis Inc. has announced that its subsidiary in India, Universal Biofuels, on April 24 began shipments to fulfill multiple orders for more than 33,000 kiloliters of biodiesel from the government-owned oil marketing companies.

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