Todays Latest Updates: 15 May 2026

Biofuels: Australia. Hazer Group Ltd has entered into a non-binding Memorandum of Understanding with Continual Renewable Ventures to assess opportunities for developing Low Carbon Liquid Fuels production in Australia. CRV holds the exclusive Australian and New Zealand license for a proven Hydro-processed Esters and Fatty Acids technology from XCF Global. CRV is looking to develop a SAF and RD production facility in the Kwinana region of Western Australia using canola and hydrogen as feedstock. Kwinana was selected because of its proximity to local canola production, a government that promotes industry diversification, employment, and relative proximity to heavy industry. Link 15/05/2026.

Ethanol: Brazil. Atvos announced the first unit focused on the production of corn ethanol, strengthening its performance in the country’s energy security and expanding its contribution to the supply of renewable energy solutions on a global scale. The project contemplates the expansion of the Santa Luzia Unit, in Mato Grosso do Sul, with integration between the cane and corn operations, allowing the company to achieve continuous production throughout the year, with better utilization of assets and gain of competitiveness. With the capacity to process 642,000 tons of corn per year, the unit will produce 273,000 cubic meters of ethanol annually, in addition to 183 thousand tons of DDG (co-product of high protein value for animal nutrition) and 13 thousand tons of corn oil. Link 15/05/2026.

Hydrogen: Spain. Spain will distribute a total of €439.4m ($509m) in production subsidies across three green hydrogen projects, which missed out on European Hydrogen Bank (EHB) funding. The three projects, two in the Huelva region and one in Albacete, have a combined production capacity of 250MW. Link 15/05/2026.

Marine fuels: China. Beihai Shipbuilding and China Shipbuilding Trading held a joint naming ceremony for five ammonia-ready vessels for Belgium’s CMB.TECH. The Morini, a 319,000 deadweight ton very large crude carrier and the fourth in a series built for CMB.TECH. Beihai Shipbuilding and CMB.TECH hold the top global position in ammonia-ready vessel deliveries and are advancing a first ammonia dual-fuel 210,000 deadweight ton bulk carrier. Link 15/05/2026.

Marine fuels: Denmark. Maersk successfully completed the first sailing on 100% ethanol during Q1 2026. Ethanol offers another scalable, lower-emission fuel option for decarbonization and the successful trial using 100% ethanol underscores the potential to create greater optionality for Maersk’s dual-fuel methanol fleet. Maersk’s current low-emission fuel portfolio includes bio- and e-methanol, and biodiesel. From 2027, liquefied biomethane and LNG as the fossil alternative, will be added with the arrival of its time-chartered dual-fuel LNG vessels. Link 15/05/2026.