Recent developments
Refinery conversions advance
In Italy, Eni began permitting to convert the Priolo site in Sicily into a 500 kt/y biorefinery using residues, with a Hoop chemical recycling unit producing pyrolysis oil by 2028. Repsol launched industrial-scale 100% renewable gasoline at Tarragona, expanding retail availability this year. OMV progressed an integrated SAF/HVO plant and green hydrogen program targeting 2028 operations. In the U.S., Green Carbon Development chose Axens Vegan technology for a Texas facility to flexibly produce SAF and renewable diesel.
Methanol and e-fuels
Topsoe will equip Sandpiper’s blue methanol plant in Texas City (3,000 MTPD, CCS-enabled) targeting 2030, amid IEA projections of 120–150 Mt methanol demand by 2030. In Spain, the Ecoplanta Molecular Recycling Solutions project will convert 400 kt/y residual waste into 240 kt/y renewable methanol, co-funded by the EU. ORLEN VC invested in OXCCU’s technology to produce e‑SAF from CO₂ and green hydrogen, aligning with ReFuelEU’s 2% e‑SAF requirement by 2030.
Biomethane supply growth
Uniper and Five Bioenergy agreed a seven‑year offtake from three plants in Murcia, with deliveries from 2027, to decarbonize road and maritime uses. The deal adds firm volumes of upgraded biogas into European portfolios and complements hydrogen derivatives strategies.
Finance and policy enablers
The EIB Group moved to simplify access to green finance, with expanded climate adaptation funding, record grid investment, and the TechEU scale‑up program. In Portugal, The Navigator Company secured €40 million (first tranche) to cut emissions via renewable heat, efficiency, and biomass limekilns, with an innovative molded‑fiber packaging plant. These instruments underpin capital access for alternative fuels, infrastructure, and industrial decarbonization projects.
Ammonia for shipping
Sumitomo received MPA support to progress ammonia bunkering in Singapore, joining a Keppel‑led consortium on Jurong Island to build supply chains spanning import, storage, and ship fueling. A demonstration is targeted for 2027 and commercialization toward 2030, in line with IMO emission reduction milestones.
Market shifts and risks
TotalEnergies’ Anadarko Basin acquisition strengthens U.S. gas integration, relevant for blue hydrogen and derivative fuels development. Conversely, Global Bioenergies’ receivership highlights commercialization and financing challenges for bio‑based hydrocarbons; asset sale outcomes will determine continuity of operations.