EY Announces LanzaJet CEO Jimmy Samartzis As Entrepreneur Of The Year® 2024 Midwest Award Finalist. Ernst & Young LLP (EY US) has announced LanzaJet CEO Jimmy Samartzis as an Entrepreneur Of The Year® 2024 Midwest Award finalist. The Midwest program celebrates entrepreneurs from Illinois, Indiana, and Wisconsin. Now in its 38th year, EY’s Entrepreneur Of The Year is the preeminent competitive business award for audacious leaders who disrupt markets, revolutionize sectors and have a transformational impact on lives. Over the past four decades, the program has recogn ..read more

Neste and New Jersey Natural Gas target reducing greenhouse gas emissions with Neste MY Renewable Diesel. Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel, and New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources, look to reduce greenhouse gas (GHG) emissions with Neste MY Renewable Diesel. Expanding on its sustainability leadership, NJNG announced it is switching its medium-duty trucks and associated equipment to renewable diesel to help reduce GHG emissions. NJNG is now the first natural gas utility on the East Coast to use ..read more

Coastal Sustainability Alliance Boosts Development And Adoption Of Maritime Biofuel In Singapore. S$10 million to be invested into development and production of biofuel blends. Commercial scale production expected by 2026. The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (“KMG”), today announced its plans to advance the maritime biofuel ecosystem in Singapore with up to S$10 million in investments. This partnership will be spearheaded by two of its Alliance members – Green COP and Ken Energy – which formalised a Memorandum of Understanding ..read more

Fuel Retailers Applaud EPA Action Allowing Summer Sales of E15. NATSO, representing truck stops and travel plazas, and SIGMA: America’s Leading Fuel Marketers, commended the Biden Administration for permitting summertime sales of gasoline containing 15 percent ethanol (E15) to ensure optimal fuel availability for consumers during the busy summer driving season. Allowing E15 to be sold during the peak driving season will help to ensure the nation does not experience disruptions in the fuel supply or higher costs for consumers should unforeseen circumstances tighten supplies. E15 helps lower fue ..read more

Preem to reduce emissions and minimize shipping cost with Seaber. Seaber.io, a global maritime technology company headquartered in Finland, has announced that Preem – Sweden’s largest fuel company – has taken Seaber into use. With Seaber’s schedule optimization software Preem aims to reduce emissions and increase the utilization rate of vessels transporting their cargo. The SaaS application is designed for both shipowners and cargo owners allowing them to optimize efficiencies, save time and money, and deliver transparency throughout the organization. Preem’s mission is to prevent and minimize ..read more

Argus launches SAF ARA on its price discovery platform – Sustainable Aviation Fuel. Global energy and commodity price reporting agency Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel (SAF) prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe. SAF trade at the key ARA hub is growing quickly as stricter emissions reduction targets around the world drive rising aviation demand for this fuel, which can be blended with traditional jet fuel. The AOM platform offers real-time price transparency d ..read more

Biofuels refiner Ecoceres expects Malaysia unit to start up in second half 2025. Biofuels refiner Ecoceres is aiming to start up its Malaysia-based biofuels production unit in the second half of 2025, a company executive said on Monday. The unit will have a total capacity of 350,000 metric tonnes per year (tpy) of biofuels, which consists of 220,000 tpy of sustainable aviation fuel and 130,000 tpy of hydrotreated vegetable oil, its chief commercial officer Jeremy Baines said at an Argus biofuels conference in Singapore. Used cooking oil and palm oil mill effluent will be among the key feedstoc ..read more

SkyNRG Takes Part In Sustainable Aviation Buyers Alliance (Saba) Historic Agreement To Advance The Adoption Of Sustainable Aviation Fuel. The Sustainable Aviation Buyers Alliance (SABA) announced the largest ever collection of deals to purchase high-integrity SAF certificates (SAFc). Close to 20 companies have committed to a collective investment of nearly 50 million gallons (~150kt) of SAFc over five years, representing close to $200 million of investment in the SAF market. As one of the four fuel providers chosen to supply SAF to meet the volumes of the agreement, SkyNRG will contribute to s ..read more

British Truck Racing Championship Makes Commitment To Using Sustainable Fuel – HVO. The British Truck Racing Championship has announced its commitment to using a more sustainable fuel from the 2023 season onwards. In the first major step on its road to greater sustainability, the championship has partnered with the UK’s leading provider of high-performance Hydrotreated Vegetable Oil (HVO) fuel, Green Biofuels (GBF); every driver is set to be provided with the fuel at each round. Offering a simple, and more importantly, clean alternative to diesel, GBF’s advanced Gd+ fuel – which will be used b ..read more

SABA Announces Historic Agreements to Purchase Sustainable Aviation Fuel Certificates to Grow Investment in Clean Fuel Technologies. Today, the Sustainable Aviation Buyers Alliance (SABA) announced the largest ever collection of deals to purchase high-integrity SAF certificates (SAFc). Over the span of five years, companies including AstraZeneca, Autodesk, Bain & Company, BCG, Deloitte, JPMorgan Chase, Live Nation, McKinsey & Company, Meta, Morgan Stanley, Netflix, Novo Nordisk, Samsung Biologics, Watershed, and Workday alongside SABA founding organization RMI, have committed to channe ..read more