October 8, 2015
BY Anna Simet
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Portugal-based energy company Galp SGPS S.A. and Japan-based Mitsui & Co. Ltd. on Sept. 25 announced plans to form a joint venture that will develop renewable diesel and SAF capacity at Galp’s existing refinery in Sines, Portugal.
The U.S. EPA on Aug. 21 released data indicating nearly 2.04 billion RINs were generated under the RFS in August, up from 1.84 billion generated in August 2022. Total RIN generation for the first eight months of the year reached nearly 15.45 billion.
Strategic Biofuels announced on Sept. 21 that its Louisiana Green Fuels project has been issued an Air Permit from the Louisiana Department of Environmental Quality. The proposed facility will produce renewable diesel and naphtha.
Royal Caribbean Group on Sept. 19 announced the completion of more than 12 consecutive weeks of biofuel testing in Europe. The compnay's Symphony of the Seas ship successfully tested and used a biofuel blend to meet parts of its fuel needs.
The U.S. Energy Information Administration predicts renewables will account for 25 percent of U.S. electricity generation next year, up from 22 percent this year, according to the agency’s latest Short-Term Energy Outlook, released Sept. 12.