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Rex reports profitable Q2, provides update of CCS and capacity expansion projects

August 31, 2023

BY Erin Voegele

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HF Sinclair reports improved earnings for renewables segment

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By Erin Krueger

July 28, 2026

Advanced Biofuels Business Operations 

HF Sinclair Corp. on July 28 reported strong second quarter results for its renewable segment with high margins supported by improved renewable identification number (RIN) prices. Renewable products sales volumes were also up for the quarter.

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Strategic Biofuels has received its final Class VI Sequestration Well Permit from the Louisiana Department of Conservation and Energy, marking a major milestone, significantly advancing the company’s Louisiana Green Fuels project in Caldwell Parish.

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Neste reported record results for the second quarter of 2026. EBITDA for the renewable products segment reached an all-time high, supported by a record high sales margin and sales volumes exceeding 1 million metric tons.

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Puro.earth on July 21 announced the certification and issuance of CO2 Removal Certificates (CORCs) for the VEAS wastewater treatment plant project in Norway, developed by Inherit Carbon Solutions.

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XCF Global Inc. on July 23 announced that it has entered into a joint commercialization and development agreement with Continual Renewable Ventures Pty Ltd and New Rise Australia Pty Ltd. for a proposed biorefinery project in Australia.

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