December 16, 2024
BY Erin Krueger
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Phillips 66 on July 25 released Q2 financial results, reporting the company’s Rodeo Renewable Energy Complex in California continues to run at reduced rates due to market conditions. Pre-tax income for the renewables segment was up when compared to Q1.
ATOBA Energy and Air Moana are partnering to implement scalable solutions for the supply of SAF. The collaboration aims to ensure long-term SAF availability while supporting local initiatives to develop sustainable fuel production in Tahiti.
While final IRS guidance is still pending, the foundation of the 45Z program is well defined. Clean fuel producers should no longer be waiting; they can now move forward with critical planning and preparation, according to EcoEngineers.
The USGC recently sponsored South Korea SAF experts to tour the U.S. alcohol-to-jet Fuel (ATJ) technology supply chain. Participants met with stakeholders ranging from low-CI corn farmers to ATJ SAF production technology companies and airlines.
Neste Corp. on July 24 released second quarter results, reporting record quarterly renewable product sales volumes despite weaker margins. SAF sales were up nearly 80% when compared to the first quarter of 2025.