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California bill aims to cap LCFS credit prices

June 26, 2025

BY Erin Krueger

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Shell cancels Rotterdam SAF, renewable diesel project

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By Erin Krueger

a day ago

Business 

Shell on Sept. 3 announced it will not resume construction of its proposed renewable diesel and SAF biorefinery at the Shell Energy and Chemicals Park in Rotterdam, citing a reassessment of the project’s competitiveness.

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Velocys on Sept. 2 announced that it has signed an agreement with Morimatsu to provide manufacturing and engineering support for Velocys FT reactors and associated equipment. The equipment will be deployed in SAF projects.

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The U.S. EPA on Aug. 29 resubmitted its proposed “Set 2” Renewable Fuel Standard rulemaking to the White House Office of Management and Budget, in a move that could indicate the agency is considering a major change to its current RFS proposal.

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The U.S. EIA on Aug. 29 released data showing total U.S. operable biofuels capacity expanded slightly in June, with small gains for both ethanol and renewable diesel. Feedstock consumption was up when compared to the previous month.

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Sen. Joni Ernst, R-Iowa, a staunch supporter of the agriculture and biofuels industries, on Sept. 2 announced she will not seek reelection next year. IRFA and IBB have spoken out to commend her leadership in renewable fuels.

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