Recent developments
SAF uptake and policy
The EU’s aviation regulator issued its first annual report on the ReFuelEU Aviation Regulation, indicating SAF capacity growth consistent with a 6% 2030 mandate; 2024 supply was predominantly used cooking oil- and waste fat–based while eSAF remains nascent. In the U.S., expanded their partnership to supply sustainable aviation fuel to three major airports using existing pipeline infrastructure. On the logistics side, the reported higher renewable fuels volumes due to increased ethanol and SAF throughput.
E-methanol advances
Topsoe's SOEC technology was selected for Forestal del Atlántico’s Triskelion e‑methanol project in Spain, targeting 57 kt/y start-up in 2028 with EU Innovation Fund support. 8-year agreement with Norwegian Cruise Line Holdings will supply renewable marine fuels in Barcelona, adding renewable methanol from 2029 sourced from the Ecoplanta waste conversion facility. In the Nordics, a waste-to-methanol plant at Norway’s Mongstad refinery entered feasibility, positioned to meet FuelEU Maritime and future SAF pathways.
Biogas and bio‑LNG
The EIB provided venture debt financing to Meva Energy to scale modular gasification of biomass residues for industrial-grade biogas with biochar co-product. EnviTec’s Güstrow site, the country’s largest integrated bio‑LNG liquefaction plant, was recognized for comprehensive waste-to-fuel integration. In Egypt, Eni and the Bioenergy Association signed a cooperation agreement in Cairo to assess biogas units converting agricultural and animal waste, with carbon-credit potential.
Industrial investments
Neste’s Q3 2025 Interim Report cited record SAF sales and ongoing Rotterdam renewable diesel/SAF expansion. Technip Energies acquired Ecovyst's Advanced Materials & Catalysts business to reinforce its TPS offerings. CDDME for Renewable Dimethyl Ether earned recognition for Lummus Technology. Galp’s Q3 2025 Financial Results emphasized low‑carbon projects at Sines. Eni’s Q3 and Nine-Month 2025 Results referenced a JV with GIP to expand CCUS alongside renewable capacity growth at Plenitude.
Gas and infrastructure signals
Signed agreements to divest assets worth NOK 13.5 billion will streamline Statkraft’s portfolio while funding wind, solar, storage, and grids. Aramco finalized a lease and leaseback agreement for its Jafurah gas processing facilities, underpinning ethane and liquids supply relevant to downstream chemicals. At European hubs, the Port of Antwerp-Bruges handled 202.6 million tonnes amid a decline in liquid bulk linked to chemical sector weakness; trade with the US was supported by increased LNG volumes.