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Clean Jet Fuel Gets a Lift from the Government. 2 Stocks Pop.
The Biden administration said this week it is making large loans to private factories that turn animal fats and plants into cleaner jet fuel, boosting the stocks of two niche players in the industry.
Gevo Stock Surges After Clean Jet-Fuel Startup Gets Government Loan Commitment
Shares of clean jet-fuel startup Gevo surged more than 25% after the Department of Energy agreed to loan the company nearly $1.5 billion for a plant in South Dakota. The deal is part of the Loan Progr
Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant
Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of Energy.
US Offers Conditional Loan Guarantees Worth About $3 Billion for Two Sustainable Aviation Fuel Projects
The U.S. Department of Energy said on Wednesday it has approved conditional loan guarantee commitments totaling nearly $3 billion for two sustainable aviation fuel projects. The agency's Loan Programs Office said the funding of up to $1.
DOE makes $3B commitment to two sustainable aviation fuel projects
Airlines are banking on sustainable aviation fuel to reduce the industry’s planet-warming pollution. But the amount of lower-carbon alternatives available to them right now represents just a few drops in an ocean of petroleum.
DOE floats $3B loans to boost low-carbon aviation fuel
The Department of Energy announced its first two loans Wednesday for fossil fuel-free aviation fuel, giving a nearly $3 billion boost to the fledgling industry. DOE floated a $1.46 billion loan to biofuels producer Gevo Net-Zero 1 for a facility located in Lake Preston,
Legit on MSN
12h
Nigeria’s jet fuel imports have collapsed from 13,000 bpd to just 5,000bpd - report
Nigeria's aviation imports have decreased from 13,000 barrels per day in 2023 to 5,000 barrels per day in 2024 as a result of ...
Channels TV
7h
Dangote Refinery Now Supplying Bulk Of Domestic Jet Fuel — Report
Oil marketers have said that the bulk of jet fuel consumed locally is now being supplied by the Dangote Refinery. According to a report by Energy Intelligence, jet fuel marketers say fuel from the 650 ...
3d
Company proposing South Dakota jet fuel plant receives $1.46 billion federal endorsement
The U.S. Department of Energy has granted a conditional loan guarantee worth $1.46 billion to Gevo, the Colorado company that ...
Marine Link
5d
Jet Fuel, up 11%, Powers Tanker Market
During the first nine months of 2024, seaborne shipments of jet fuel increased 11% over 2023," said Niels Rasmussen, Chief ...
The Santa Fe New Mexican
4d
25 years after discovery of jet fuel plume, first phase of Kirtland cleanup is coming to an end
The first step to clean up a plume of leaked jet fuel is coming to a close. The investigatory period has lasted 24 years, ...
Nairametrics
1d
Dangote refinery now produces two-thirds of Nigeria’s jet fuel amid drop in imports — Report
Aviation jet fuel from the Lagos-based Dangote refinery now dominates approximately two-thirds of Nigeria’s market, a recent ...
9d
on MSN
Hurricane Milton knocks out jet-fuel pipeline for Orlando International Airport
Orlando International Airport’s only pipeline supplying jet fuel is currently not operating due to Hurricane Milton. The ...
4d
US offers conditional loan guarantees worth about $3 bln for two sustainable aviation fuel projects
The U.S. Department of Energy said on Wednesday it has approved conditional loan guarantee commitments totaling nearly $3 ...
Honolulu Star-Advertiser
8d
Hawaii seawater to become jet fuel
The Natural Energy Laboratory of Hawaii Authority on Hawaii island was developed with pipes that draw ocean water from the ...
legit
3d
Air Peace, Others Flight Schedule Gets Big Boost As Keyamo Commissions Largest Jet Fuel Depot
The Minister of Aviation and Aerospace Management, Festus Keyamo, has commissioned the largest jet fuel depot with a capacity ...
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