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IAG signs agreement with Microsoft for purchase of SAF

August 17, 2023

BY International Airlines Group

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Phillips 66 expects renewable diesel margins to improve

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By Erin Voegele

19 hours ago

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Phillips 66 on Oct. 29 reported that its renewable fuels segment was impacted by lower margins during Q3, but company officials expect margins to improve moving forward. The company also reported it began producing SAF in September.

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Italian energy company Eni and U.S.-based KKR on Oct. 24 announced an agreement under which KKR will purchase a 25% stake in Eni’s Enilive business, which encompasses the company’s biorefining, biomethane, and smart mobility solutions businesses.

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Staten Island Ferries and NYC Ferry begin testing renewable diesel

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By New York City Department of Transportation

October 25, 2024

New York City officials on Oct. 21 announced that the Staten Island Ferry and NYC Ferry will begin testing the use of renewable diesel fuel, a petroleum-free alternative to traditional diesel fuel that reduces carbon emissions by 60% or more.

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DHL Express and DHL Global Forwarding are furthering their sustainability goals through a contract renewal with IAG Cargo, the cargo handling division of International Airlines Group, to use an additional 60 million liters of SAF on behalf of DHL.

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Neste Corp. on Oct. 24 released third quarter financial results, reporting that its renewables segment has been impacted by overcapacity and lower-than-expected voluntary demand for sustainable aviation fuel (SAF).

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