February 11th, 2026

Moran introduces bill extend 45Z credit, reinstate SAF premium

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By Erin Krueger

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Policy Sustainable Aviation Fuels 

Sen. Jerry Moran, R-Kan., on Feb. 2 introduced the bipartisan Securing America’s Fuels (SAF) Act. The bill aims to reinstate the 45Z clean fuel production credit premium for sustainable aviation fuel (SAF) and extend the 45Z credit through 2033.

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Neste Corp. on Feb. 5 released Q4, reporting that renewable sales volume were up for both the quarter and the full year 2025. The renewable diesel market improved toward the end of the year and record-high SAF sales supported profitability.

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Phillips 66 on Feb. 4 reported improved fourth quarter financial results for its renewable fuels segment on higher realized margins, including inventory impacts. The improvement was partially offset by lower credits.

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Marathon Petroleum Corp. on Feb. 3 announced its renewable diesel segment reported adjusted EBITDA of $7 million for the fourth quarter of 2025, down from $28 million during the same period of 2024.

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Viking Line is starting 2026 by renewing its offer of travel and transport powered by a high share of renewable European biogas. The company multiplied it’s the use of biofuel tenfold in 2025 and plans to use biogas the same ambitious level in 2026.

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Eni and Q8 Italy announce a major strategic investment in the ongoing project for the construction of a new biorefinery in Priolo, Sicily. The facility will have the capacity to produce 500,000 metric tons of renewable diesel and SAF annually.

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Drax announces restructuring plan

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By Drax Group plc

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Drax on Feb. 3 announced plans to adapt its organizational structure to its evolving business. The company is launching a consulting process that could result in the reduction of more than 350 employees in the U.K. and U.S.

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Cathay achieved another milestone year for its Corporate Sustainable Aviation Fuel (SAF) Program in 2025, with SAF commitments reaching approximately 17,400 metric tons, up nearly 180% when compared to 2024.

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On Jan. 29, the WAGABOX unit located at the l’Albié landfill in Monflanquin, a community in southwestern France, began producing and injecting renewable natural gas (RNG) into the distribution network.

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Adelaide University has been awarded a $400,000 grant from the National Foundation for Australia-China Relations, under the Department of Foreign Affairs and Trade, to deliver a sustainable aviation project over the next two years.

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