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India's Petroleum Minister: I'm optimistic on EU-India trade deal
Youtube· 2026-01-27 23:10
The mother of all deals has been signed between the Indian contingent and of course the EU contingent. The negotiations done. The prime minister announcing it and guess what he announced it right here in the presence of Adep Singh Puri before the deal was actually supposed to be announced in his virtual address inaugurating energy week.What are the implications sir for uh the energy sector. You've been a diplomat now for 50 years or so. >> You you're placing me in a very interesting uh position.Um I love to ...
XCF Global, Southern Energy Renewables and DevvStream Agree to Binding Term Sheet for Three-Party Merger
Globenewswire· 2026-01-26 13:30
HOUSTON, Texas and SACRAMENTO, California, Jan. 26, 2026 (GLOBE NEWSWIRE) -- XCF Global, Inc. (“XCF”) (Nasdaq: SAFX), a key player in decarbonizing the aviation industry through sustainable aviation fuel (“SAF”), and DevvStream Corp. (Nasdaq: DEVS) (“DevvStream”), a leading carbon management and environmental-asset monetization firm, today announced that they have agreed to a binding term sheet to combine Southern Energy Renewables Inc. (“Southern”) (together, the “Parties”) in a three-party merger. If the ...
XCF Global Announces Appointment of Experienced Energy Industry Leader William Dale as CFO to Support Ongoing Strategic and Execution Priorities
Accessnewswire· 2026-01-14 14:50
William Dale appointed Chief Financial Officer effective January 12, 2026Simon Oxley to continue as a consultant to XCF Global to support continuity and ongoing strategic initiativesDale brings more than 25-years of energy industry experience and operational finance leadership to XCF HOUSTON, TEXAS / ACCESS Newswire / January 14, 2026 / XCF Global, Inc. ("XCF") (Nasdaq:SAFX), a key player in decarbonizing the aviation industry through Sustainable Aviation Fuel ("SAF"), today announced the appointment of ...
Why Did XCF Global (SAFX) Jump Nearly 51% In After-Hours Trading? - Bank of America (NYSE:BAC), XCF Global (NASDAQ:SAFX)
Benzinga· 2026-01-14 05:13
XCF Global Inc. (NASDAQ:SAFX) shares rose 50.93% in after-hours trading on Tuesday to $0.25, following a Securities and Exchange Commission filing and the company's announcement of expansion financing plans.Check out the current price of SAFX stock here.$28 Million Debt Converted to EquityRandy Soule and Encore DEC LLC converted $28 million in invoices into XCF common stock, according to a Tuesday SEC filing.Shares acquired:ShareholderShares AcquiredOwnership PercentageEncore36,779,19317.6%Soule78,901,64849 ...
LanzaTech Reaches 53% Non-Controlling Ownership Milestone in LanzaJet
Globenewswire· 2025-12-22 21:55
SKOKIE, Ill., Dec. 22, 2025 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), a leader in carbon transformation technology, today announced an increase in its holdings of LanzaJet, Inc. (“LanzaJet”), a leading sustainable aviation fuel technology provider and fuels producer, to 53%. This announcement follows the successful commissioning and production of ASTM-certified sustainable fuels including Synthetic Paraffinic Kerosene (SPK) and Renewable Diesel (RD) at LanzaJe ...
XCF Global Welcomes Growing Momentum for Sustainable Aviation Fuel Adoption in the United States
Accessnewswire· 2025-11-20 15:42
Core Insights - The article highlights the accelerating alignment of federal and state policies that support the adoption of Sustainable Aviation Fuel (SAF) across the United States [1] - The U.S. SAF market is projected to reach $7 billion by 2030, indicating significant growth potential [1] - A global market opportunity for SAF is estimated at $25 billion, showcasing the international demand for sustainable aviation solutions [1] - A strategic investment of $350 million has been made in the New Rise Reno facility, which is part of the broader initiative to decarbonize the aviation sector in America [1] Industry Overview - The momentum for SAF adoption is rapidly increasing, driven by supportive policies at both federal and state levels [1] - The investment in SAF infrastructure, such as the New Rise Reno facility, is crucial for advancing the decarbonization efforts in the aviation industry [1]
XCF Comments on Global SAF Initiatives as Policymakers Accelerate the Decarbonization of the Aviation Industry
Accessnewswire· 2025-10-30 12:05
Core Insights - XCF Global, Inc. is positioned as a significant player in the decarbonization of the aviation industry through Sustainable Aviation Fuel (SAF) [1] - The company emphasizes the vast scale of both the challenges and opportunities presented by the evolving global policy landscape regarding SAF adoption [1] Industry Overview - The aviation industry is undergoing a transformation driven by the need for sustainable practices, particularly in fuel usage [1] - The global policy environment is rapidly changing, influencing the pace and scale of SAF adoption [1]
XCF Global Regains Compliance with Nasdaq Listing Requirements
Accessnewswire· 2025-10-17 11:30
Core Viewpoint - XCF Global, Inc. has regained compliance with Nasdaq listing requirements by filing its Quarterly Report on Form 10-Q for the period ended June 30, 2025, with the SEC, which is crucial for its continued listing on the Nasdaq Capital Market [1][2]. Company Update - XCF Global is focused on decarbonizing the aviation industry through Sustainable Aviation Fuel (SAF) and is developing advanced clean fuel production facilities [1][3]. - The company is actively forming partnerships across the energy and transportation sectors to promote the global adoption of SAF [3]. - As of October 17, 2025, XCF Global has approximately 159.2 million outstanding shares, with less than 20% free float [3].
Willis Sustainable Fuels Names Wilton International Home to its Sustainable Aviation Fuel Project
Globenewswire· 2025-10-02 12:59
Core Insights - Willis Lease Finance Corporation (WLFC) has selected Wilton International in Teesside for its Sustainable Aviation Fuel (SAF) project, aiming to produce 14,000 tonnes of SAF annually starting in 2028, with over 80% reduction in greenhouse gas emissions compared to conventional jet fuel [1][2] - The project has received a £2.9 million grant from the UK Department for Transport's Advanced Fuels Fund to support its development from July 2025 to March 2026 [2] - The plant will convert sustainable biomethane sourced from waste into aviation fuel, creating approximately 50 permanent jobs and 200 roles during construction [3] Company Overview - WLFC is a leading lessor of commercial aircraft engines and provides various aviation services, including maintenance and repair solutions [5] - The company aims to develop projects that help decarbonize aviation through its subsidiary, Willis Sustainable Fuels [5] Strategic Importance - The selection of Wilton International highlights its strategic location and infrastructure, which are essential for the next generation of SAF production, reinforcing the UK's leadership in sustainable aviation [2][4] - The partnership with Sembcorp Energy UK emphasizes the commitment to enabling the UK's energy transition and supporting industrial decarbonization [4]
OXCCU Secures £20.75 Million to Scale Sustainable Aviation Fuel
Yahoo Finance· 2025-09-29 12:30
Core Insights - OXCCU, an Oxford University spin-out, has raised £20.75 million (approximately $28 million) in a Series B funding round to enhance the commercialization of its technology for converting waste carbon into sustainable aviation fuel (SAF) [1][5] - The funding round was oversubscribed, indicating strong investor interest and confidence in the company's technology and market potential [1] Funding Utilization - The new capital will be allocated to expand operations and advance the next phase of technology scale-up, including the development of a second demonstration plant, OX2, expected to be operational by 2026 [2] - This follows the launch of the OX1 demonstration plant at London Oxford Airport earlier in 2024 [2] Investor Participation - New investors in the funding round include Orlen VC, Safran Corporate Ventures, International Airlines Group (IAG), Hostplus, and TCVC, alongside existing investors such as Clean Energy Ventures, IP Group/Kiko Ventures, Aramco Ventures, and Eni Next [3] Technological Innovation - OXCCU's process utilizes an iron-based catalyst that allows for the direct synthesis of jet-fuel-range hydrocarbons from gaseous waste carbon in a single reaction, simplifying the production pathway and potentially reducing capital and operating costs [4][5] - The catalyst is designed to work with various feedstock compositions, including reformed biogas, gasified wood waste, and pure carbon dioxide with hydrogen, which may help drive down input costs [7] Market Context - The investment underscores the growing recognition of high production costs as a significant barrier to the widespread adoption of SAF, despite global mandates like ReFuelEU and the UK SAF mandate [5] - SAF is viewed as a critical component for decarbonizing the aviation sector [5] Strategic Alignment - For investors like IAG, the investment aligns with their environmental targets, aiming to source 10% of fuel needs with SAF by 2030 [6] - ORLEN's investment supports its strategic goal to become one of Europe's leading SAF producers by 2035 [6] Broader Implications - OXCCU's rapid progress is seen as reshaping the sustainable aviation fuel market, making it more affordable for the aviation industry to decarbonize [8] - The technology also has potential applications beyond aviation, including in chemicals and plastics [8]