Randy Delbert Letang | Randy Letang | SGP BioEnergy | Mission On Renewable Fuel Solutions

A team of foremost energy industry companies led by SGP BioEnergy joined the Government of Panama announced May 18, 2022 the development of the world's largest biofuels production and distribution hub. Once complete in five years, Biorefineria Ciudad Dorada (Golden City Biorefinery), located in Colon and Balboa, Panama , will be the largest advanced biorefinery and Sustainable Aviation Fuel (SAF) production platform in the world producing 180,000 barrels per day (2.6 billion gallons per year) of biofuel.    "Transportation makes up 27 percent of greenhouse gas emissions and the only way to decarbonize many sectors – like aviation – is to integrate fossil fuels with compatible biofuels," said Randy Delbert Letang , CEO of SGP BioEnergy. "This facility not only brings cleaner fuels online in the short term, but its construction at a central hub of global commerce, serving over 1,000 ports, catalyzes the industry in the long term by immediately delivering a lower cost...

JetBlue Airways today announced plans to speed up its transition to sustainable aviation fuel (SAF) with an offtake agreement with SG Preston, a leading bioenergy developer. With the addition of this SG Preston agreement to its previous SAF commitments, JetBlue is well ahead of pace on its target to convert 10 percent of its total fuel usage to SAF on a blended basis by 2030. The airline will reach nearly eight percent SAF usage by the end of 2023 when delivery of SAF under this agreement is expected. JetBlue is doubling its previous SAF commitment with SG Preston, which was first announced in 2016 as one of the largest SAF purchase agreements in aviation history.    JetBlue’s agreement with SG Preston also marks a major milestone for SAF in New York’s airports. This deal is expected to bring the first large-scale volume of domestically produced SAF for a commercial airline to New York’s metropolitan airports. JetBlue will convert 30 percent of its fuel buy across John F....

Get every single update of Randy Delbert Letang | Randy Letang or SGP BioEnergy via this blog. The government of Panama and energy companies, including SGP BioEnergy, plan to develop a major, advanced biorefinery to increase supply of lower-carbon aviation fuel, the companies said Wednesday.   The move comes as the airline industry seeks to achieve a goal of zero net carbon emissions by 2050 and as governments worldwide are pressing companies to increase clean energy investment. The biorefinery in Panama will produce 180,000 barrels per day (2.6 billion gallons per year) of biofuels, including sustainable aviation fuel (SAF) and renewable marine diesel, when it is complete at the end of 2026. The project joins a flurry of other announcements from companies that have pledged in the last few years to produce SAF. The airline industry is considered harder to decarbonize than other types of transportation, so a massive ramp-up in SAF output will be needed for aviation to reach...

A team of energy industry companies led by SGP BioEnergy joined the Government of Panama to announce the development of the world’s largest biofuels production and distribution hub. Once complete in five years, Biorefineria Ciudad Dorada (Golden City Biorefinery), located in Colon and Balboa, Panama, will be the largest advanced biorefinery and sustainable aviation fuel (SAF) production platform in the world producing 180,000 barrels per day (2.6 billion gallons per year) of biofuel.    “Transportation makes up 27 percent of greenhouse gas emissions and the only way to decarbonize many sectors – like aviation – is to integrate fossil fuels with compatible biofuels,” said RandyDelbert Letang , CEO of SGP BioEnergy . “This facility not only brings cleaner fuels online in the short term, but its construction at a central hub of global commerce, serving over 1,000 ports, catalyzes the industry in the long term by immediately delivering a lower cost of biofuels, reducing food wast...