Todays Latest Updates: 27 May 2026

Biofuels/SAF: Brazil. Acelen Renewables announced a $1.5 billion funding package to start the construction of its renewable fuel biorefinery in Bahia. Part of the amount is funded by a consortium supported and led by HSBC and IFC and brings together ten national and international financial institutions: First Abu Dhabi Bank (FAB), Abu Dhabi Commercial Bank (ADCB), BID Invest, BNDES, Asian Infrastructure Investment Bank (AIIB), Development Finance Institute Canada (FinDev Canada), KfW IPEX-Bank, Bradesco, BBVA, Bank of China. The biorefinery, scheduled to start operation in 2029, will have the capacity to produce 1 billion liters of SAF (sustainable aviation fuel) and renewable diesel (HVO) and will have HEFA (Hydroprocessed Esters and Fatty Acids) technology, one of the main global technological routes to produce renewable fuels. Link 27/05/2026.

Biojet/SAF: USA. Axens on announced a commercial collaboration with XCF Global Inc., a U.S.-based producer of sustainable aviation fuel (SAF), aimed at supporting the market deployment of Vegan, Axens’ proprietary hydroprocessed esters and fatty acids (HEFA) technology. Vegan is Axens’ HEFA-based technology to produce sustainable aviation fuel and renewable diesel from a wide range of renewable feedstocks. Axens is a recognized market leader in SAF production through the HEFA pathway. Link 27/05/2026.

Hydrogen: Oman. Oman has taken a major step toward becoming a global supplier of green hydrogen by partnering with Dutch and European organisations to study a dedicated export corridor that would transport green hydrogen and hydrogen-based fuels from the Gulf region to northwestern Europe. The project brings together several partners, including Sohar Port and Freezone, Asyad Group, German University of Technology in Oman and Holland Hydrogen Hub, along with Dutch industrial and logistics stakeholders. The study will assess shipping routes, logistics costs, port infrastructure and supply chain requirements needed to transport green hydrogen and its derivatives from Oman to European markets. It will also evaluate the most efficient form for exports, including ammonia, liquid hydrogen and other hydrogen carriers, based on commercial viability and infrastructure readiness. Link 27/05/2026.

Marine fuels: Japan. Kamei Corporation started supplying 100% HVO developed by Euglena Co., Ltd., which is the first ship to ship fuelling of the kind in Japan. The ship-to-ship system is to supply HVOs directly from fuel-supply ships in the port to ships, thereby reducing the burden on land-based equipment and improving the flexibility of supply, as well as contributing to the promotion of decarbonization of the entire port area. This is the first example of HVO in Japan. Link 27/05/2026.