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CVR reports profitable Q3 for renewable diesel, continues to evaluate SAF project

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By Erin Voegele

October 31, 2024

Advanced Biofuels Operations Sustainable Aviation Fuels Business 

CVR Energy Inc. on Oct. 29 announced that the renewable diesel unit at its Wynnewood refinery in Oklahoma processed 19.6 million gallons of vegetable oil feedstock during the third quarter, down from 23.8 million gallons during the same period of 2023.

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The call for presentation abstracts for the 18th Annual International Biomass Conference & Expo, produced by Biomass Magazine, is now open. The event will take place March 18-20, 2025, at the Cobb Galleria Centre in Atlanta, Georgia.

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Phillips 66 on Oct. 29 reported that its renewable fuels segment was impacted by lower margins during Q3, but company officials expect margins to improve moving forward. The company also reported it began producing SAF in September.

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Italian energy company Eni and U.S.-based KKR on Oct. 24 announced an agreement under which KKR will purchase a 25% stake in Eni’s Enilive business, which encompasses the company’s biorefining, biomethane, and smart mobility solutions businesses.

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Staten Island Ferries and NYC Ferry begin testing renewable diesel

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By New York City Department of Transportation

October 25, 2024

New York City officials on Oct. 21 announced that the Staten Island Ferry and NYC Ferry will begin testing the use of renewable diesel fuel, a petroleum-free alternative to traditional diesel fuel that reduces carbon emissions by 60% or more.

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Neste Corp. on Oct. 24 released third quarter financial results, reporting that its renewables segment has been impacted by overcapacity and lower-than-expected voluntary demand for sustainable aviation fuel (SAF).

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Verne, a provider of sustainable data center solutions for high intensity computing, is transitioning to renewable fuels by using Neste MY Renewable Diesel to power backup generators at data centers in Helsinki, Pori and Tampere in Finland.

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NATSO, representing America's travel centers and truck stops, SIGMA: America's Leading Fuel Marketers, and the National Association of Convenience Stores, are applauding Rep. Mike Carey, R-Ohio, for urging his colleagues to support H.R. 9060.

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The U.S. Energy Information Administration reduced its forecast for 2025 renewable diesel production in its latest Short-Term Energy Outlook, released Oct. 8. The 2024 and 2025 forecasts for “other biofuels,” which includes SAF, were maintained.

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EIA now publishes additional US biofuel and distillate forecasts

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By U.S. Energy Information Administration

October 07, 2024

Biofuels are making up an increasing share of total distillate fuel oil consumed in the U.S. Beginning in the September 2024 Short-Term Energy Outlook, the U.S. EIA began publishing forecasts that will better capture how biofuels are being consumed.

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National Oceanography Centre trials fossil-free marine fuels

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By U.K. National Oceanography Centre

October 04, 2024

The U.K.’s National Oceanography Centre is trialing the use of a fossil-free marine diesel to fuel the Royal Research Ships (RRS) James Cook and Discovery. The trial is funded by the U.K.’s Natural Environment Research Council.

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Vertex Energy Inc. has filed for Chapter 11 bankruptcy and is exploring the possible sale of its refinery in Mobile, Alabama. The move comes only months after the company announced it would shelve renewable diesel production.

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Global Partners, a leading independent energy supplier and retail operator, is making renewable diesel available at the East Haven terminal, where Global leases storage to support its bioheat and renewable diesel business.

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A report filed with the USDA FAS Global Agricultural Information Network discusses how China’s domestic biobased-diesel industry has been impacted by the European Union’s provisional antidumping duties on biodiesel and renewable diesel.

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Valerie Sarisky-Reed, director of the U.S. Department of Energy’s Bioenergy Technologies Office, discusses ways her agency is doing its part to strengthen America’s bioeconomy and supply chain to support clean energy innovation.

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Neste has revised down its 2024 guidance for renewable products, citing substantially reduced diesel prices. The company said waste and residue feedstock prices have not decreased and renewable product market price premiums have remained weak.

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The U.S. Energy Information Administration on Sept. 10 began publishing new monthly forecasts for renewable diesel and other biobased fuels to better capture how biofuels are being consumed and overall demand for distillate fuels.

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Cepsa has undertaken its first direct supply of second-generation biofuels for the cruise industry at the Port of Barcelona. The supplied fuel contains a 24% sustainable component and has been produced from used cooking oil.

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SABR submits comments on proposed LCFS cap for soy, canola biofuels

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By Sustainable Advanced Biofuel Refiners Coalition

August 29, 2024

The Sustainable Advanced Biofuel Refiners Coalition, a national biodiesel trade association made up of nearly 60 organizational members, submitted comments Aug. 27 to CARB on proposed changes to the state’s LCFS.

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The U.S. DOE on Aug. 28 released its annual U.S. Energy and Employment Report, reporting that bioenergy electric power generation (EPG) jobs were up slightly last year. Employment in wood biomass and cellulosic fuels were also up.

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The U.S. DOE on Aug. 28 released its annual U.S. Energy and Employment Report, reporting that employment in the renewable diesel sector grew by an impressive 7.3% last year, the fastest growth rate in the U.S. fuels sector.

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Clean Fuels Alliance America on Aug. 28 sent a letter to Treasury Secretary Janet Yellen, urging the agency to issue guidance, including safe harbors, to the 45Z Clean Fuels Production Credit by Sept. 1.

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Cepsa Bioenergia San Roque SL (CBSR), a joint venture between Cepsa and Bio-Oils (subsidiary of Apical), has awarded Worley a services contract for the expansion of CBSR’s renewable fuel complex in Huelva, Spain, including a new biofuel plant.

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The government of Brazil on Aug. 22 announced it will offer R$6 billion ($1.09 billion) to support the development of biorefineries to produce sustainable aviation fuel (SAF) and sustainable marine fuels.

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Gevo Inc. announced a purchase agreement for its low-carbon intensity fuel blendstock with Shell Global Solutions Deutschland GmbH for use in motorsports. Gevo’s renewable blendstock is is made from sustainable feedstocks, like agricultural waste.

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Topsoe has signed an agreement with HOLBORN Europa Raffinerie GmbH (HOLBORN), to provide its HydroFlex technology for the production of SAF and renewable diesel at its plant in Hamburg, Germany.

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DB Cargo U.K. has announced that all trains it operates for Drax Group in and out of the U.K.’s largest renewable energy plant near Selby, will be powered by environmentally friendly hydro-treated vegetable oil (HVO).

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The U.S. was home to 22 renewable diesel plants with a combined 4.328 billion gallons of annual production capacity as of Jan. 1, 2024, according to data released by the U.S. Energy Information on Aug. 15.

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The California Air Resources Board on Aug. 12 published a notice outlining modifications to its proposed LCFS amendments, including those related annual carbon intensity (CI) targets, biomass-based diesel feedstocks, and SAF.

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Calumet Inc. on Aug. 9 released Q2 financial results for Calumet Specialty Products Partners L.P., reporting the company’s Montana Renewables business achieved record SAF production of approximately 7 million gallons.

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