Todays Global Intelligence: 04 November 2026

Biofuels: India. Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum issued a joint tender to purchase 150 million litres (150,000 kilolitres) of B100 biodiesel for delivery between November 2026 and January 2027. The companies have set a basic procurement price of ₹88 per litre (approximately US$1.00 per litre), excluding GST and transportation. The total base value of the procurement is ₹1,320 crore (approximately $150 million). Eligible feedstocks include used cooking oil and other non-UCO sources, with deliveries planned to 85 locations across India. The tender specifies different winter-grade requirements, including maximum cold filter plugging points of 6°C for 98.3 million litres and 12°C for the remaining 51.7 million liters. Link 04/11/2026.

Biofuels: United Kingdom. global renewable refinery capacity is projected to increase from 11.7 billion gallons per year in 2025 to 35.4 billion gallons per year by 2030, according to GlobalData’s Alternative Fuels in Energy Transition report. The expansion reflects growing demand for lower-carbon fuels across road transport, aviation and shipping. Renewable diesel and sustainable aviation fuel (SAF) are expected to lead near-term growth because they can be used in existing engines and fuel infrastructure with relatively limited modifications. Longer-term opportunities include hydrogen, ammonia, methanol and e-fuels for sectors that are difficult to electrify. GlobalData also highlights opportunities for oil and gas companies to convert existing refineries and develop integrated feedstock, production, logistics and distribution networks. Link 04/11/2026.

Biojet/SAF: Morocco.  Shell has signed an exclusive long-term offtake agreement with Green Sky Manara for renewable fuels from a planned production facility at Nador West Med Port in Morocco. The agreement gives Shell rights to approximately 150,000 metric tons per year of sustainable aviation fuel (SAF), or an equivalent volume of hydrotreated vegetable oil (HVO), alongside bionaphtha and biopropane. The facility is designed to produce up to 200,000 tons annually using waste-based feedstocks and Axens’ HEFA technology, with operations scheduled to begin in October 2028. Link 04/11/2026.

Hydrogen. Germany. Germany’s Federal Network Agency has awarded contracts for 11 new hydrogen-ready combined cycle gas turbines (CCGT) with a total capacity of around 5.1GW of power across the country. Awarded by an auction, the contracts come under a draft law aimed at energy security and maintaining backup power when renewable energy in insufficient. Link. 04/11/2026.

Hydrogen: South Korea. South Korea’s Ministry of Climate, Energy, and Environment on Friday opened the 2026 hydrogen power generation bidding market, setting bidding volumes of 500 GWh a year of clean hydrogen and 930 GWh a year of general hydrogen power generation. The contract term for the clean hydrogen bidding market is 15 years. Power generation must start by 2030, with a grace period of up to three years for project delays to account for the construction periods of facilities designed for hydrogen co-firing or dedicated hydrogen firing. Link 04/11/2026.