
February 21, 2025
BY MOL Group
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Par Pacific Holdings released third quarter financial results on Nov. 4, reporting that its production at its Hawaii renewable fuels facility ramped significantly during the period. The biorefinery commenced operations in April.
Circularity Fuels, which earlier this year completed the world’s first end-to-end conversion of raw biogas from dairy manure into SAF, on Nov. 5 announced it has closed a $7 million seed round led by Trucks and DCVC.
Marathon Petroleum Corp. on Nov. 3 reported significantly higher third quarter earnings for its renewable diesel segment. Renewable diesel production volumes were up approximately 1% when compared to the third quarter of last year.
The European Bank for Reconstruction and Development is considering providing a senior secured loan of up to $135 million to a sustainable aviation fuel (SAF) project under development in Morocco by Green Sky Capital Manara Ltd.
Imperial Oil Ltd. on Oct. 30 announced the renewable diesel facility at its Strathcona refinery achieved record-high canola oil throughput during the third quarter while delivering strong financial performance.