May 1, 2026
Spain’s Repsol is preparing to raise jet fuel output by 15–20% in response to mounting supply disruptions caused by the Iran war, which has unsettled global energy markets and tightened aviation fuel availability.
The company confirmed the plan as it posted a 57% rise in first‑quarter adjusted net profit to €873 million, supported by surging refining margins even as earnings fell slightly short of forecasts.
To safeguard feedstock availability, the company has allocated €1.2 billion to build crude inventories and will increase jet fuel production across its five Spanish refineries, aiming to reinforce supply resilience and capture stronger margins.
Repsol also expects its wider oil and gas production to reach 560,000–570,000 boe/d in 2026, with potential upside depending on developments in Venezuela, where new agreements are opening opportunities for increased output.
The company emphasised that although it has no assets in the Middle East, the Iran war’s impact on global shipping and crude flows continues to reverberate across the sector, prompting refiners to adjust output strategies to stabilise supply.
LATEST NEWS
The Trump administration is exploring measures to protect US farmers from the potential impact of an expanded biofuel waiver programme for oil refiners, according to reports. The move comes amid concerns that granting additional exemptions could reduce demand for ethanol and biodiesel, key markets for American agricultural producers. Under the Renewable Fuel Standard (RFS), refiners…
Read More »
EWABA member Argent Energy is demonstrating the immediate potential of waste-based biodiesel through its collaboration with Stagecoach Group Limited. Throughout 2025, Stagecoach used Argent’s Dieselite higher biodiesel blend across 7,000 buses in 18 regions and more than 100 depots, achieving an annual reduction of 61,261 tonnes of CO₂ compared with fossil diesel. The initiative shows…
Read More »
The US Environmental Protection Agency (EPA) has approved biofuel compliance exemptions worth an estimated $1.76 billion (€1.52 billion) for a number of smaller oil refiners, marking a significant development in the administration’s approach to renewable fuel policy. The exemptions relieve qualifying refiners of their obligations under the Renewable Fuel Standard (RFS), a programme designed to…
Read More »
Asia’s development potential as a biofuels production resource continues to grow, driven by ambitious energy transition objectives and equally bold net zero targets. While hugely diverse and progressive, however, the region could never be termed a risk-free, or even low-risk, investment environment. There is, nevertheless, much to recommend it as a focus for advancing renewable…
Read More »
In the past decade, there has been a lot of technological advancements in motor vehicles that run on renewable energy sources. The increasing threat of fossil fuel depletion coupled with the need to maintain renewable sources continues to push for the demand for biofuel. We live in a world where the global market for biofuels…
Read More »
GATX Rail Europe is to supply 450 new tank cars to Rosneft Deutschland as the rail lessor expands its long-standing relationship with the German oil group and seeks to support flows of refined petroleum products across Europe. The contract covers GATX’s type 1698 tank cars, with deliveries scheduled in three batches from September 2026. The…
Read More »
Laurent Donceel has now joined ePURE, the European renewable ethanol association, as its new Secretary General. Donceel has significant experience in the EU policy arena focused on transport and energy, most recently as Director at Hydrogen Europe. He has also worked as acting managing director of Airlines for Europe A4E and held senior positions with…
Read More »
A new report from the US Department of Energy shows that E15 petrol is delivering meaningful savings for motorists, with prices averaging $0.47 per gallon (€0.43) below standard E10 – an 11.5% discount. Based on real‑world retail data, the DOE also found that E15 is 8% cheaper on an energy‑equivalent basis, meaning drivers pay less…
Read More »
The Global Centre for Maritime Decarbonisation (GCMD) has released a new report offering a practical framework to help shipowners verify both the quantity and integrity of marine biofuel deliveries. The guidance aims to address inconsistencies in supply‑chain measurement that can undermine confidence in biofuel uptake across the maritime sector. The report outlines methods for improving…
Read More »
American EcoFuels has released a corporate update detailing advances in its sustainable aviation fuel (SAF) programme, intellectual‑property expansion and plans for greater market visibility. The company recently rebranded from Eco Innovation Group to reflect a broader commercial focus on synthetic fuel technologies, including SAF, SPK, clean diesel and engineered hydrocarbons. Executive Chairman Brent Nelson confirmed…
Read More »
XCF Global has issued a new update outlining how its renewable diesel and SAF production model is helping stabilise North American fuel markets during a period of tightening crude supply. With Canadian oil sands output reduced due to maintenance and operational pullbacks, conventional refiners are facing pressure on diesel margins and overall distillate availability. XCF…
Read More »
Germany’s biodiesel foreign trade gathered pace in the first half of 2026, with both exports and imports posting solid year‑on‑year gains, according to new figures from the Federal Statistical Office. The Netherlands – anchored by the Rotterdam and Amsterdam ports – remains the dominant hub for flows into and out of Germany, underscoring its central…
Read More »
KROHNE has been highlighting its process instrumentation portfolio engineered for the sustainable aviation fuel (SAF) market. The portfolio enables producers to manage challenging feedstocks, hydrogen service and demanding process conditions ranging from pretreatment through the final downstream process. As SAF projects move from first-of-a-kind plants toward larger-scale deployment, engineers are under pressure to upscale the…
Read More »
Global law firm Clifford Chance has advised the lenders on the financing of Egypt’s first sustainable aviation fuel (SAF) production facility. The project marks the development of the first project-financed SAF plant in Africa and the Middle East. The $212.4 million (£181 million) project is supported by a $142.9 million (£122 million) debt package provided…
Read More »
New provisional figures from the Department for Transport show that UK renewable fuel consumption remained broadly unchanged in 2025, while the number of Renewable Transport Fuel Certificates (RTFCs) issued fell significantly compared with the previous year. Total renewable fuel supplied reached 3.41 billion litres, matching 2024 levels. Bioethanol continued to be the largest single renewable…
Read More »
Germany’s use of hydrotreated vegetable oil (HVO) has climbed sharply in 2026, with the fuel now defining the country’s diesel‑blending trend. UFOP reports that HVO consumption reached around 205,000 tonnes in the year to date, a substantial rise on the same period in 2025. The association attributes the surge to several regulatory shifts: the increase…
Read More »
An electrochemical process developed by scientists at a Loughborough University spin-out company in the UK has enabled biodiesel producers to turn waste into profit – while slashing emissions and energy use. The R3V Tech team, headed by chemistry experts Dr Adriano Randi and Professor Benjamin Buckley, have developed a process that converts crude glycerol –…
Read More »
Nova Pangaea Technologies, the UK company with a unique process to create sustainable aviation fuel (SAF) from waste biomass, has completed successful endurance trials that further validate its technology. The trials, which took place at its demonstration plant on Teesside, show continuous stable operation in production runs of up to 72 hours and achieved above…
Read More »
International commodities trader Alkagesta has announced record results for the first half of 2026. The news reflected continued growth in trading volumes, expansion into new product areas and greater activity across its international network, despite unprecedented volatility in global commodities markets. Revenue reached $3.5 billion (€3 billion) for the first six months of 2026, representing…
Read More »
Peninsula and Evos, a European independent liquid energy and chemicals storage company, have signed a memorandum of understanding (MOU) to jointly progress the development of dedicated biofuel storage infrastructure at Evos’ terminal in the Port of Algeciras. The proposed Evos expansion includes plans to develop up to 60,000 cubic metres of storage capacity, fully allocated to Peninsula to support the expansion of its biofuels supply chain in the…
Read More »