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Tax extenders package benefiting biofuels passes Senate committee

July 21, 2015

BY Erin Krueger

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OMV Petrom secures placement of part of future biofuels production starting 2028

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By OMV Petrom

3 hours ago

Sustainable Aviation Fuels Business Advanced Biofuels 

OMV Petrom SA has concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) to be produced in Petrobrazi refinery.

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The U.K. Financial Conduct Authority on June 18 announced its investigation into Drax Group plc’s sustainability claims regarding its use of Canadian biomass uncovered no evidence that justifies any further action. The investigation is now closed.

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The U.S. EPA on June 18 released data showing nearly 2.02 billion RINs were generated under the RFS in May, up nearly 4% when compared to the same month of last year. Total RIN generation for the first five months of 2026 reached 9.66 billion.

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Braya Renewable Fuels on June 15 celebrated an exciting milestone for the Come By Chance refinery when it completed its first sale of renewable diesel for the Canadian market. The transaction was for 100,000 barrels of renewable diesel.

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Renewables are expected to account for 26% of U.S. electricity generation in 2026, increasing to 27% in 2027, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released June 9.

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