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SAF stakeholders unite to form the SAF Coalition

April 30, 2024

BY Sustainable Aviation Fuel Coalition

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Phillips 66 reports profitable Q4 for renewable fuels segment

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By Erin Voegele

a day ago

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Phillips 66 on Jan. 31 released fourth quarter financial results, reporting improved earnings for its renewable fuels segment on higher margins for its Rodeo complex in California and stronger international results.

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U.S. operatable biofuel production capacity was unchanged in November 2024, according to data released by the U.S. EIA on Jan. 31. Feedstock consumption was up from both the previous month and November 2023.

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Clean Fuels Alliance America hosted its annual Clean Fuels Conference in late January. During the event, experts shared the state of the biobased diesel industry today and the outlook for the near-and long-term.

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Boeing announced it has become a key project development partner of Norsk e-Fuel, a company developing an industrial-scale power-to-liquids (PtL) facility in Europe that will produce sustainable aviation fuel (SAF).

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Valero Energy Corp. on Jan. 30 released Q4 financial results, reporting that both its ethanol and renewable diesel segments were profitable during the period. The company also announced that its SAF project in Texas is fully operational.

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