July 1, 2024
BY U.S. Department of Energy
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Phillips 66 on June 26 announced that its Rodeo Renewable Energy Complex in California is operating at full capacity, producing 50,000 barrels per day (800 MMgy) of renewable diesel and sustainable aviation fuel (SAF).
MAIRE announces that KT - Kinetics Technology, also leveraging the technological know-how of NEXTCHEM, has been awarded by HOLBORN Europa Raffinerie GmbH an EPC project to develop an HVO complex inside the existing HOLBORN’s refinery in Hamburg, Germany.
Clean Fuels Alliance America on June 25 filed a formal petition asking the U.S. EPA to reconsider RFS volumes for 2024 and 2025. The agency set biomass-based diesel and overall advanced volumes significantly below actual production of the fuels.
BP on June 20 announced an agreement to acquire Bunge’s 50% interest in its BP Bunge Bioenergia S.A. JV. The company also said it is scaling back plans for the development of new SAF and renewable diesel projects at its existing sites.
The U.S. EPA released updated RIN data on June 20, reporting that nearly 2.01 billion RINs were generated under the RFS during May, down from 2.11 billion generated during the same period of last year.