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US Treasury allows Chevron to resume oil production in Venezuela, delivery to US only

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The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Venezuela General License (GL) 41 , authorizing Chevron Corporation to resume limited natural resource extraction operations in Venezuela. from receiving profits from the oil sales by Chevron. 41, whichever is later. 41, whichever is later.

Venezuela 358
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HF Sinclair selects Topsoe’s HydroFlex technology to produce renewable diesel at three facilities in US

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HF Sinclair selected Topsoe as a technology provider for the production of renewable fuels at three facilities: Sinclair, Wyoming; Cheyenne, Wyoming; and Artesia, New Mexico. All three facilities have now successfully been put into operation and deliver renewable diesel into the United States transportation market.

Renewable 195
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Neste Oil de-emphasizing microbial oil R&D for renewable diesel; seeking other uses for cellulosic biomass

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Despite the decision to de-emphasize microbial oil, Neste Oil emphasized that cellulosic waste will continue to play an important role in its research strategy, adding that it remains committed to its goal of further extending its feedstock base and making greater use of waste and residues in this area in particular.

Oil 310
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Genomatica and Asahi Kasei partner on renewably-sourced nylon 6,6 for automotive

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Sustainable materials leader Genomatica and Japan-based diversified global manufacturer Asahi Kasei announced a strategic partnership to commercialize renewably-sourced nylon 6,61 made from Genomatica’s bio-based HMD (hexamethylenediamine, also abbreviated as HMDA) building block.

Renewable 210
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Chevron, Bunge announce proposed JV for soybean feedstocks for renewable fuels

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Chevron USA, a subsidiary of Chevron Corporation, and Bunge North America, a subsidiary of Bunge Limited, announced a memorandum of understanding (MOU) of a proposed 50/50 joint venture to help meet the demand for renewable fuels and to develop lower carbon intensity feedstocks.

Chevron 186
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Calumet’s Montana Renewables became the largest SAF producer in North America in Q2

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reported that ramp-up of unit operations was completed during the second quarter, making its Montana Renewables subsidiary the largest producer of sustainable aviation fuel (SAF) in North America (approximately 30 million gallons per year). Montana Renewables is a renewable fuel business located in Great Falls, Montana.

Montana 150
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JGC & Cosmo Oil to use Honeywell Ecofining technology in first commercial-scale SAF project in Japan

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JGC Holdings Corporation and Cosmo Oil Company will use Honeywell Ecofining technology ( earlier post ) for the first commercial-scale sustainable aviation fuel project in Japan. The Ecofining process is a capital-efficient solution suited for producing renewable jet fuel from sustainable feedstocks.

Japan 170