
SOURCE: Drax Group plc
March 26, 2024
BY Drax Group plc
Advertisement
Advertisement
Imperial Oil Ltd. released fourth quarter financial results on Jan. 30, reporting that the renewable diesel complex at its Strathcona refinery near Edmonton, Alberta, is running well. The facility began operations in mid-2025.
The U.S. Department of Treasury and IRS on Feb. 3 released proposed regulations for the 45Z clean fuel production tax credit, as updated by the One Big Beautiful Bill in mid-2025. A public comment period is scheduled to be open for 60 days.
FedEx introduced sustainable aviation fuel (SAF) at two more U.S. airports towards the end of last year: Dallas Fort Worth International Airport (DFW) and John F. Kennedy International Airport (JFK).
The U.S. exported 891,093.3 metric tons of wood pellets in November, up from 814,292.2 metric tons in October and 874,171.2 metric tons in November 2025, according to data released by the USDA Foreign Agricultural Service on Jan. 29.
Valero Energy Corp. on Jan. 29 released fourth quarter 2025 financial results, reporting a profitable three-month period for its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.