
SOURCE: SkyNRG
June 10, 2025
BY Erin Krueger
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XCF Global Inc. on April 30 announced that its New Rise Renewables Reno facility maintain sustainability certification that supports the production and documentation of CORSIA eligible SAF, with certifications valid as of today.
Neste Corp.’s renewable products segment experienced a significant increase in earnings during the first quarter of 2026 despite lower production volumes. The increase is attributed to stronger term sales premiums and surging fossil fuel prices.
Valero Energy Corp. on April 30 released first quarter financial results, reporting a profitable three-month period for both its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.
On April 29, the USDA announced an expanded partnership with the Export-Import Bank of the United States (EXIM) to increase domestic agricultural production and exports, while reducing the agricultural trade deficit. Alongside
Kentucky Gov. Andy Beshear on April 27 signed legislation that creates a tiered tax credit for SAF that allows taxpayers to claim up to $3 per gallon in incentives. The credit is slated to be in effect from Jan. 1, 2029, through the end of 2034.