Wednesday, 5 February 2025

Focus on Biofuels

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Alto Ingredients Publishes its Annual Sustainability Report

PEKIN, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels...

A decade after the Cuban government said it aimed to produce 24 percent of its electricity from renewables by 2030, the Caribbean island has made little progress, as evidenced by nationwide blackouts caused by a power grid failure (AFP)
AnalysisBiofuelsElectricityIndigenousIndustryInfrastructureSolarWind

Cuban blackout highlights urgency of boosting renewables: experts

Cuba's recent blackout highlights its struggle to transition from outdated oil-fired power plants to renewables amid severe economic strain.

FILE PHOTO: The logo of Italian energy company Eni is seen at Eni's Renewable Energy and Environmental R&D Center in Novara, Italy, September 26, 2019.  REUTERS/Flavio Lo Scalzo/File Photo
BiofuelsBusinessNews

Italy’s Eni sees 2.5-billion-euro net proceeds from disposals in 2025

Eni expects 2.5 billion euros in proceeds from disposals next year, following KKR's 2.9 billion euro biofuel stake purchase.

A view of the Neste logo at the Neste refinery located in Tuas South, Singapore May 16, 2023. REUTERS/Caroline Chia/ File Photo
BiofuelsBusinessHydrogenNewsOilSustainable Aviation Fuel

Finland’s Neste scraps investment in renewable hydrogen in tough biofuel market

Neste has withdrawn from an investment into renewable hydrogen production at its plant in Porvoo, Finland,

The logo of Italian energy company Eni is seen at a gas station in Rome, Italy August 16, 2018.  REUTERS/Max Rossi/ File Photo
BiofuelsBusinessNewsRegulations

KKR to take 25% stake in Eni’s biofuel unit for 2.9 billion euros

KKR is acquiring a 25 per cent stake in Eni’s biofuel unit Enilive for 2.94 billion euros, valuing it at 11.75 billion euros.

FILE PHOTO: Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo
BiofuelsBusinessElectricityHydrogenNatural GasNewsOffshore WindOilSolarWind

BP weighs sale of minority stake in offshore wind business, sources say

BP paused investments in new offshore wind projects, Reuters reported in June. Last month, BP said it plans to sell its U.S. onshore...

News ReleaseAviationBiofuelsNewsSustainable Aviation Fuel

Unable to get its cosmetics plant project financed, Global Bioenergies is now focusing all its efforts on SAF opportunities

PRESS RELEASE Unable to get its cosmetics plant project financed, Global Bioenergies is now focusing all its efforts on SAF opportunities Evry, 17 October...

FILE PHOTO: A plane is seen during take off in New Jersey behind the Statue of Liberty in New York's Harbor as seen from the Brooklyn borough of New York February 20, 2016. REUTERS/Brendan McDermid/File Photo
AviationBiofuelsBusinessFuelNewsSustainable Aviation Fuel

US offers conditional loan guarantees worth about $3 billion for two sustainable aviation fuel projects

The U.S. expects domestic production of biofuels to increase by about 50 per cent in 2024, led by rising SAF production.

News ReleaseBiofuelsNewsSustainable Aviation Fuel

Gevo Secures Conditional Commitment from U.S. Department of Energy Loan Programs Office for its Net-Zero 1 Sustainable Aviation Fuel Plant in South Dakota

This conditional commitment signals the strength of the project to finance the world’s first large-scale net-zero-emissions alcohol-to-jet production facility ENGLEWOOD, Colo., Oct. 16,...

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