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XCF Global, Southern Energy Renewables and DevvStream sign definitive business combination agreement

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By XCF Global Inc.

April 16, 2026

Sustainable Aviation Fuels Business 

XCF Global Inc. and DevvStream Corp. on April 14 announced the execution of a definitive business combination agreement with Southern Energy Renewables Inc., an important milestone in the parties’ previously announced SAF initiative.

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The global maritime industry's transition away from heavy fuel oil is no longer a question of if but of when — and with what fuels. The U.S. biofuels industry is exceptionally well-positioned to serve this transition in the near to medium term.

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President Donald Trump on April 13 signed the Small Business Innovation and Economic Security Act. The legislation reauthorizes the Small Business Innovation Research (SBIR) and Small Technology Transfer (STTR) programs.

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CoBank on April 8 released its latest quarterly research report, highlighting improved regulatory clarity for the biofuel industry with the release of the Renewable Fuel Standard “Set2” rule, which set 2026 and 2027 RFS RVOs.

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XCF Global Inc. on April 9 announced that it has entered into a binding term sheet with BGN INT US LLC to explore developing a global distribution and logistics partnership for SAF, renewable diesel and renewable naphtha.

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Sagepoint Energy and its subsidiary, Sagepoint Logistics, on April 14 announced the acquisition of 60 heavy-duty renewable natural gas (RNG) freightliner trucks powered by the Cummins X15N engine.

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The DHL Group on April 14 announced a major expansion of its SAF collaboration with IAG Cargo. The new five-year agreement, together with a previous 2025 renewal, will enable approximately 240 million liters of SAF uplifted at Heathrow Airport.

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A new independent study commissioned by NATSO, SIGMA and NACS finds that the 40A Biodiesel Blenders' Tax Credit delivers significantly more value across the biofuel supply chain than its replacement, the 45Z Clean Fuel Production Credit.

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Valkyrie Analytics Inc., an analytics company specializing in real-time monitoring and optimization of anaerobic digesters, has received a $3 million seed stage investment. The milestone allows Valkyrie to re-launch as Nirova LLC.

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XCF Global Inc. on April 9 announced that the conversion of its New Rise Renewables Reno plant remains on schedule. The company currently expects the SAF facility could begin commissioning in early June.

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Reps. Michelle Fischbach, R-Minn., and Nikki Budzinski, D-Ill., on March 27 introduced the Biobased Materials Investment and Production Act, which aims to create tax incentives to support the production of biobased chemicals and materials.

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The London Laurel County Economic Development Authority, Ecostrat and the BDO Zone Initiative have issued a BDO Zone ‘A’ Rating for Laurel County, Kentucky. The BDO Zone is rated for 342,000 bone dry tons per year of low-risk woody biomass .

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On April 7, U.S. Department of Agriculture Rural Development Montana State Director Bill Warden announced the agency is investing in the future of Montana’s biofuel industry through Beaverhead Tourism Council in Dillon, Montana.

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On March 31, the USDA Forest Service announced it will move its headquarters to Salt Lake City, Utah, and begin a sweeping restructuring of the agency to move leadership closer to the forests and communities it serves.

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Metafuels’ Dutch subsidiary, Metafuels Nederland B.V., has been awarded a €1.92 million grant to support the the continued development of its Turbe synthetic sustainable aviation fuel (e-SAF) project in the Port of Rotterdam.

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Svante Technologies Inc. and Meadow Lake Tribal Council announced on April 6 that North Star Carbon Solutions LP has entered into an offtake agreement with Microsoft to deliver 626,000 metric tons of durable CDR credits from a BECCS project.

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Zemo Partnership on March 30 announced the launch of RFAS Aviation, a new voluntary assurance scheme designed to provide independent verification of sustainable aviation fuel (SAF) across the U.K. supply chain.

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Casterra Ag Ltd., a subsidiary of Evogene Ltd., on March 31 announced successful commercial field trials in Brazil, highlighting castor oil as a compelling candidate for economically viable biofuel production.

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Seeing investment tax credits (ITCs) for biomass projects come into effect is a welcome, long-overdue step for Canada’s forest sector. After years of uncertainty, the measure offers a starting point to restore investor confidence, according to FPAC.

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The USDA on April 7 finalized a rule modernizing the National Environmental Policy Act regulations. The final rule consolidated seven agency-specific NEPA regulations into a single, department wide framework.

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The Little Rock District of the U.S. Army Corps of Engineers on March 23 announced it has received a permit application from Highland Pellets related to the development of an adjacent biomass power plant with an integrated CCS project.

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The USDA Rural Business-Cooperative Service on April 6 sent a letter to agency staff extending the existing administrative pause on the acceptance, processing and awarding of loan note guarantees for biodigester projects through the end of 2026.

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The 2026 International Biomass Conference & Expo, produced by Biomass Magazine and organized by BBI International, successfully concluded after three days of in-depth discussions, technology showcases, and high-value networking opportunities.

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XCF Global Inc. on April 6 announced an agreement with Axens North America Inc. that is anticipated to enable XCF to deploy its proprietary modular refinery design and engineering blueprint in combination with Axens Vegan process

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The Greater Washington Region Clean Cities Coalition and the Maryland Biofuels Task Force on March 31 stated that recent federal action by the U.S. EPA provides Maryland with a timely opportunity to establish a Clean Fuel Standard.

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Representatives of the U.S. biofuel industry were among more than 450 parties that weighed in on the Internal Revenue Service’s proposed 45Z clean fuel production credit regulations ahead of an April 6 deadline.

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The U.S. Energy Information Administration increased its forecast for 2027 renewable diesel and production in its latest Short-Term Energy Outlook. The forecast for the production of “other biofuels,” including SAF, was maintained.

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Velocys and Varhad Capital Pvt Ltd. on April 6 announced the signing of a memorandum of understanding (MOU) to advance a new generation of biomass-to-sustainable aviation fuel (SAF) projects in India.

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Ag groups call for end to fertilizer duties

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By National Corn Growers Assocaition

April 07, 2026

Over 50 state ag groups and eight national organizations sent a letter to the International Trade Commission on March 31 urging the agency to revoke the countervailing duty orders on imports of phosphate fertilizer from Morrocco.

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MAIRE announces that Nextchem, through its subsidiary KT Tech, has been awarded a contract for early engineering works and proprietary equipment supply for a SAF plant under development in North Sumatra Province, Indonesia.

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