Viridos Inc., an algae biofuel company focused on algae-based jet and diesel fuel, has raised a $25 million Series A equity investment led by Breakthrough Energy Ventures (BEV) and joined by Chevron U.S.A. Inc. and United Airlines Ventures.
Legislation currently pending in Minnesota aims to establish a clean transportation standard that would require the state's transportation fuels to achieve 100 percent reduction in carbon intensity (CI) by 2050.
Targray has opened two new biodiesel fuel terminals in Oregon. Located in Portland and Eugene, respectively, the new terminals are strategically positioned to ease supply concerns for wholesale fuel distributors, retailers and refineries.
Strategic Biofuels has been invited by the U.S. Department of Energy's Loan Programs Office (LPO) to submit a Part II application for a proposed $1.6 billion loan guarantee under the Title XVII Innovative Clean Energy Loan Guarantee Program.
Vertimass has launched a Series C investment opportunity with the goal of establishing a commercialization platform for its breakthrough biofuel technology for the production of jet, diesel, gasoline, and LPG fuels from biomass.
The U.S. exported 12,908.1 metric tons of biodiesel and biodiesel blends of B30 or greater in January, down from both 65,041 metric tons the previous month and 26,383.6 metric tons in January 2022, according to data released by USDA FAS on March 8.
The USDA on March 8 kicked off the inaugural National Biobased Products Day and highlighted the accomplishments of people and organizations working to improve sustainability within the federal government.
On the inaugural National Biobased Products Day, the Agriculture Energy Coalition released a letter to Senate and House Agriculture Committee leaders urging them to preserve funding for Farm Bill energy title programs.
The USDA maintained its forecast for 2022-'23 soybean oil use in biofuel production in its latest WASDE report, released March 8. The agency also slightly reduced its outlook for season-average soybean oil prices.
United Airlines on March 2 named Sesame Street's Oscar the Grouch as its first chief trash officer as part of a new consumer education campaign designed to promote the expected benefit of using sustainable aviation fuel (SAF) more broadly.
Vertex Energy on Feb. 28 confirmed that the renewable diesel conversion project at its refinery in Mobile, Alabama, is on track to be mechanically complete in late March, with initial production volumes expected in April.
Parkland Corp., a Canada-based independent supplier and marketer of fuel and petroleum products, on March 2 announced it will not move forward with previously announced plans to develop a renewable diesel project in British Columbia.
The Washington State Senate on March 1 voted 46 to 2 in favor of a bill that aims to encourage the manufacture and purchase of SAF though tax incentives. The bill also directs WSU to convene a workgroup to further development of alternative jet fuel.
Neste helps reduce GHG emissions globally by 11.1M tons in 2022
By Neste Corp.
March 03, 2023
In 2022, Neste's renewable solutions helped customers reduce their GHG emissions globally by 11.1 million tons altogether. This amount equals the annual carbon footprint of the removal of 4 million passenger cars from the roads for a full year.
Iowa awards $1.1 million in renewable fuels infrastructure grants
By Iowa Department of Agriculture and Land Stewardship
March 03, 2023
Twenty-three Iowa locations in 16 different counties were awarded more than $1.1 million in cost-share grants from the Iowa Renewable Fuels Infrastructure Program during the latest quarterly application cycle.
Yield10 Bioscience Inc. has signed a memorandum of understanding (MOU) with American Airlines Inc. to collaborate in developing the value chain for camelina as a low-carbon feedstock oil for sustainable aviation fuel (SAF).
Clean Fuels Alliance America has announced the appointment of Katherine Reed as senior communications manager. Reed will support the implementation of the association's marketing and communications plan.
Total U.S. operable biofuels production capacity expanded in December. Total biofuel feedstock consumption was down when compared to both the previous month and December 2021, according to data released by the U.S. EIA on Feb. 28.
The Nebraska Soybean Board has launched a truck side campaign promoting the use of biodiesel fuel in the state. This effort is aimed at raising awareness about a homegrown market and encouraging Nebraskans to swich to biodiesel.
KBR announced Feb. 20 that it has launched SAF technology in alliance with Swedish Biofuels AB, a technology developer and pioneer in cutting-edge research on biofuels. Validation of KBR's technology was performed in conjunction with DARPA.
CVR Energy Inc. on Feb. 1 completed a transaction to break out its renewables business, according to statements made by CEO David Lamp during a Q4 earnings call held Feb. 22. Lamp also discussed operations at CVR's Oklahoma renewable diesel facility.
Eni Sustainable Mobility and PBF Energy Inc. on Feb. 16 announced they have entered into definitive agreements to partner in a 50-50 joint venture for the biorefinery currently under construction co-located with PBF's Chalmette Refinery in Louisiana.
Johnson Matthey and bp on Feb. 20 announced that their co-developed, award-winning Fischer Tropsch (FT) CANS technology has been selected by Strategic Biofuels for its Louisiana Green Fuels project in Caldwell Parish, Louisiana.
Bell Textron has completed its first flight fueled solely by 100 percent sustainable aviation fuel (SAF) with its Bell 505 becoming the first-ever single engine helicopter to fly using 100 percent SAF, according to Neste.
Chevron Renewable Energy Group is using wind energy to lower the carbon intensity score of the biofuel produced at its facility in Albert Lea, Minnesota. CEEM recently visited the facility to learn more about the project.
Rep. Randy Feenstra, R-Iowa, in February reintroduced three bills that aim to support the U.S. biofuels industry by comparing the costs of EV and FFV fleets, supporting R&D for SAF, and supporting the development of biofuel fuel cells.
In an effort to rally businesses and consumers, United has launched the United Airlines Ventures Sustainable Flight Fund, a first-of-its-kind investment vehicle designed to support start-ups focused on sustainable aviation fuel (SAF).
Neste and Scania are piloting a digital solution that enables easy follow-up and verification of each truck's usage of renewable fuels. The solution combines data from Scania Fleet Management Portal with Neste's fuel emission data.
Christianson PLLP on Feb. 21 announced that the U.S. EPA has approved its Quality Assurance Program (QAP) protocol for biodiesel and renewable diesel producers participating in the Renewable Fuel Standard.
The U.S. Government Accountability Office on Feb. 9 issued a determination that states the U.S. EPA's June 2022 denial of 69 SREs under the RFS is not a rule, and therefore is not subject to the requirements of the Congressional Review Act.
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