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XCF Global and BGN expand strategic relationship with execution of term sheet for renewable fuel tolling at XCF New Rise Renewables Reno facility and future facilities

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By XCF Global Inc.

April 15, 2026

Sustainable Aviation Fuels Business 

XCF Global Inc. on April 9 announced that it has entered into a binding term sheet with BGN INT US LLC to explore developing a global distribution and logistics partnership for SAF, renewable diesel and renewable naphtha.

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The DHL Group on April 14 announced a major expansion of its SAF collaboration with IAG Cargo. The new five-year agreement, together with a previous 2025 renewal, will enable approximately 240 million liters of SAF uplifted at Heathrow Airport.

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The California Senate Budget and Fiscal Review Committee’s Subcommittee 2 on Resources, Environmental Protection and Energy on April 9 heard testimony focused on California. Gov. Gavin Newsom’s proposed SAF tax credit.

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XCF Global Inc. on April 9 announced that the conversion of its New Rise Renewables Reno plant remains on schedule. The company currently expects the SAF facility could begin commissioning in early June.

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Zemo Partnership on March 30 announced the launch of RFAS Aviation, a new voluntary assurance scheme designed to provide independent verification of sustainable aviation fuel (SAF) across the U.K. supply chain.

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The 2026 International Biomass Conference & Expo, produced by Biomass Magazine and organized by BBI International, successfully concluded after three days of in-depth discussions, technology showcases, and high-value networking opportunities.

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XCF Global Inc. on April 6 announced an agreement with Axens North America Inc. that is anticipated to enable XCF to deploy its proprietary modular refinery design and engineering blueprint in combination with Axens Vegan process

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The U.S. Energy Information Administration increased its forecasts for 2027 renewable diesel and biodiesel production in its latest Short-Term Energy Outlook. The forecast for the production of “other biofuels,” including SAF, was maintained.

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MAIRE announces that Nextchem, through its subsidiary KT Tech, has been awarded a contract for early engineering works and proprietary equipment supply for a SAF plant under development in North Sumatra Province, Indonesia.

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On April 1, the European Investment Bank and Eni signed a 15-year loan for €500 million to convert selected units of Eni’s Sannazzaro de’ Burgondi refinery, located in the Italian province of Pavia, into a biorefinery.

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XCF Global Inc.’s biorefinery located near Reno, Nevada, could resume sustainable aviation fuel (SAF) production during the second quarter of 2026, according to an annual report filed with the U.S. SEC on March 31.

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Neste has published its annual Green Finance Report for 2025. The report demonstrates the company’s commitment to producing renewable fuels and thereby mitigating climate change and accelerating a shift to a circular economy.

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The Civil Aviation Authority of Singapore on March 25 announced it will delay implementation of the sustainable aviation fuel (SAF) levy due to “the impact of the ongoing conflict in the Middle East on airlines and passengers.”

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The U.K. Department of Energy Security and Net Zero on March 23 opened a public comment period seeking stakeholder input on options for the treatment of sustainable aviation fuel (SAF) under the U.K. Emissions Trading Scheme.

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SHEIN, a global online fashion and lifestyle retailer, has signed an agreement with DHL to adopt its GoGreen Plus service, supporting the use of sustainable aviation fuel (SAF) within air cargo logistics.

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The U.S. EPA on March 27 finalized the 2026 and 2027 RFS RVOs at levels higher than originally proposed. The increase is attributed to the decision delay implementation of provisions penalizing imported fuels and feedstocks until 2028 or later.

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OMV has partnered with Technical University of Leoben to establish a one-of-a-kind research facility where various process routes to manufacture sustainable aviation fuels (SAF) are being researched and developed.

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The Sustainable Aviation Fuel (SAF) Coalition, a nonpartisan group of more than 50 organizations spanning the sustainable aviation fuel value chain, convened in Washington, D.C. on March 25 for its second annual D.C. Fly-In.

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The RFA, Growth Energy, Clean Fuels Alliance America and the SAF Coalition on March 25 joined more 20 state and national ag groups in urging the Trump Administration to make the upcoming 45Z regulations workable for farmers.

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XCF Global Inc. on March 23 issued a statement on the ongoing disruption to global aviation fuel markets caused by the Middle East conflict. As jet fuel and SAF prices surge to historic levels, XCF Global said domestic SAF production can help.

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EcoCeres Inc. has launched a SAF pilot program in China, codenamed “Project Spark. The milestone is a step forward for the country’s independent sustainability certification and environmental credit framework for SAF.

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DHL Express has signed an agreement with Malaysia Aviation Group for the use of DHL’s GoGreen Plus service. The partnership enables MAG to reduce the GHG emissions through investment in SAF used within DHL’s air network.

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Nearly 1.65 billion RINs were generated under the RFS in February, down 10% when compared to the same month of last year. Total RIN generation for the first two months of 2026 reached 3.44 billion, down 2% when compared to the same period of 2025.

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FatHopes Energy, in collaboration with Bin Zayed International Group, has appointed Technip Energies to undertake the technical feasibility study for its proposed sustainable aviation fuel (SAF) refinery.

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Produced by BBI International, the Sustainable Fuels Summit, Carbon Capture & Storage Summit and Ethanol 101 expand FEW into a comprehensive platform for biofuels innovation, carbon management and industry education.

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Universal Fuel Technologies’ has announced its Flexiforming technology successfully converts HEFA-derived naphtha into synthetic aromatic kerosene that, when blended with paraffinic SAF, creates a fully synthetic jet fuel.

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Abundia Global Impact Group Inc. has entered a multi-project licensing agreement with Topsoe to deploy its HydroFlex technology for the upgrading process at a waste-plastics-to-renewable products recycling facility in Baytown, Texas.

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Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel (SAF), has appointed new leadership team members as part of an organizational change that primarily affects the company’s Renewable Products business.

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XCF Global Inc. on March 10 announced its stockholders approved the issuance of 19.99% or more of the company's issued and outstanding common stock as of Jan. 26. The company has also initiated upgrades to its Reno biorefinery.

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The U.S. EIA reduced its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released March 10. The forecasts for the production of biodiesel and “other biofuel,” defined to include SAF, were maintained.

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