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Bayer and bp form strategic alliance to jointly scale camelina as intermediate crop for biofuels

Bayer and bp have entered a long-term strategic alliance to jointly scale the crop camelina, under the brand name newgold. / SOURCE: Bayer

May 7, 2026

BY Bayer

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Senate Ag Committee releases draft Farm Bill

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By Erin Krueger

7 hours ago

Policy Business 

The Senate Ag Committee on June 23 released a Farm Bill 2.0 discussion draft. The legislation includes a major revamp of the Section 9003 loan guarantee program, including language allowing grants of up to $10 million for certain eligible projects.

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The USDA on June 18 released data showing the cost of soybean production is expected to increase more than 4% this year, reaching $$683.89 per acre. Per-acre costs are currently expected to expand by an additional 3% in 2027.

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Petrobras on June 19 announced its board of directors has approved a $1.2 billion project to produce sustainable aviation fuel (SAF) and renewable diesel at its existing Presidente Bernardes Refinery (RPBC), located in Cubatão, São Paulo, Brazil.

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Worley has completed the front-end engineering and design (FEED) for Alfanar’s Lighthouse Green Fuels sustainable aviation fuel (SAF) project in Teesside, U.K. A final investment decision on the project is expected next year.

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Phelan Green Hydrogen has announced it has licensed technologies from Johnson Matthey Catalyst Technologies (JM CT) for its planned electro sustainable aviation fuel (eSAF) facility in the Western Cape, South Africa.

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