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Marathon Petroleum, ADM to form soybean oil JV to support renewable diesel production

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MPC) and ADM announced an agreement to form a joint venture for the production of soybean oil to supply rapidly growing demand for renewable diesel fuel. When complete in 2023, the Spiritwood facility will source and process local soybeans and supply the resulting soybean oil exclusively to MPC.

Oil 334
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Eni in two-year contract to supply renewable diesel to Spinelli Group

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Eni Sustainable Mobility and the Spinelli Group , a leader in the field of integrated logistics, have signed a two-year contract to power the group’s fleet with HVOlution, a diesel fuel produced from 100% renewable raw materials. HVOlution is a biofuel made of 100% pure HVO.

Supplies 195
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Neste and CIM collaborate to supply sustainable aviation fuel to France to support SAF blending obligations

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Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France. We have also announced the expansion of our Rotterdam renewables refinery.

France 410
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Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

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Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. Combined with $2.1

Renewable 321
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BMW testing HVO100 renewable diesel for parts delivery in Germany

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BMW is testing the use of renewable HVO100 renewable diesel for parts delivery in Germany. They commute between the BMW Group Supply Centre in Eching, just north of Munich, to deliver warehouse parts to the plant in the city for production—a round trip of a good 40 km each time.

BMW 221
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EIA projects US renewable diesel supply to surpass biodiesel in the near term but remain small part of larger diesel market

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In its Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, the US Energy Information Administration (EIA) projects that renewable diesel supply (domestic production and net imports) will exceed biodiesel supply in the near term. Source: U.S.

Diesel 221
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BNEF: net-zero road transport by 2050 still possible, but big push needed

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The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million barrels of oil demand per day.