Velocys plc
May 29, 2018
BY Erin Krueger
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The U.S. EIA maintained its 2026 production forecasts for renewable diesel and a category of fuel that includes SAF in its latest Short-Term Energy Outlook, released July 7. The outlook for 2026 biodiesel production was revised down.
XCF Global Inc. on June 24 provided an update on the advancement of its New Rise Renewables Reno facility as it progresses toward initial production during a period of heightened volatility across global fuel markets.
OMV Petrom SA has concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) to be produced in Petrobrazi refinery.
A new, U.K.-based trade association focused on biomass heating launched in June. The Wood Fuel and Heating Association aims to provide a clear, informed and responsible voice for the U.K. wood fuel and heating sector.
The U.K. Financial Conduct Authority on June 18 announced its investigation into Drax Group plc’s sustainability claims regarding its use of Canadian biomass uncovered no evidence that justifies any further action. The investigation is now closed.