Fayaz Hussain

England, London

Financial Editor at Corporate Jet Investor

Editor at SAF Investor

Journalist

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Articles

TotalEnergies eyes 500,000 tonnes of SAF production by 2028

1 week ago | safinvestor.com | Fayaz Hussain

French energy major TotalEnergies said it is working on developing and expanding capacity to produce nearly half-a-million tonnes of sustainable aviation fuel (SAF) by 2028 to ensure supply as EU mandate ramps up. “TotalEnergies is taking action to meet the strong demand from the aviation industry to reduce its carbon footprint. Sustainable aviation fuels are essential to bring the air industry’s CO2 emissions down immediately,” said Patrick Pouyanné, chairman and CEO of TotalEnergies.
EU to subsidise airline SAF purchases

2 weeks ago | safinvestor.com | Fayaz Hussain

EU to subsidise airline SAF purchases The European Union has reportedly offered to subsidise airlines’ purchase of sustainable aviation fuel (SAF) of more than 200m litres to help increase offtake of the cleaner fuel, according to reports in the media. The information, based on calculations seen by Reuters show that subsidies could trigger a significant boost for SAF offtake.
Turkish Airlines partners with refiner Tüpraş on SAF

2 weeks ago | safinvestor.com | Fayaz Hussain

Turkish flag carrier Turkish Airlines announced that it has signed a letter of intent with Turkish refinery Tüpraş to explore production and supply of sustainable aviation fuel (SAF). The agreement was signed by Turkish Airlines chief executive officer Bilal Ekşi and his Tüpraş counterpart İbrahim Yelmenoğlu.
GreenSinnergy, Axens team up for SAF projects in Argentina, Latin America

2 weeks ago | safinvestor.com | Fayaz Hussain

Green project developer GreenSinnergy has signed a memorandum of understanding with clean fuels technology company Axens to explore the development of sustainable aviation fuel (SAF) projects in Argentina and broader Latin America region.
Chevron, Neste team up on new tech to produce SAF from lignocellulosic biomass

2 weeks ago | safinvestor.com | Fayaz Hussain

Chevron Lummus Global and sustainable aviation fuel producer Neste have teamed up to develop technology for converting lignocellulosic biomass into renewable fuels (including SAF) at the research and development facility in US. “Lignocellulosic waste and residues can make an important contribution as a new and scalable raw material pool for renewable fuels,” said Lars Peter Lindfors, senior vice president of technology and innovation at Neste.
USA Bioenergy signs feedstock agreement with LP Building

2 weeks ago | safinvestor.com | Fayaz Hussain

USA Bioenergy announced that it has signed a letter of intent with American building manufacturer Louisiana-Pacific (LP) for a long-term supply agreement for wood fiber at its planned Texas Renewable Fuels biorefinery at Bon Weir, Texas. Once finalised, the agreement would provide for up to 2.2m tons of woody biomass annually for an initial term of 20 years which will be converted to sustainable aviation fuel (SAF) and other byproducts.
Reasons to be cheerful: SAF Investor London 2025

2 weeks ago | safinvestor.com | Fayaz Hussain

On the whole it was a cheery bunch. Some 78% of SAF Investor London attendees last week were optimistic about the SAF market for 2025. But there is more to be done. Almost half (48% to be exact) of the audience believes the industry needs more demand signals to get projects closed. IAG was awarded the “Offtaker of the year” award at our annual awards ceremony to encourage others. In a room of SAF believers, less than half admitted to using book and claim.
XCF completes business combination with Focus Impact SPAC

2 weeks ago | safinvestor.com | Fayaz Hussain

Sustainable aviation fuel (SAF) producer XCF Global announced successful completion of its business combination with special purpose acquisition company Focus Impact BH3 Acquisition. “The completion of this transaction marks a transformational step for XCF Global and the decarbonisation of the aviation industry,” said Mihir Dange, chief executive officer of XCF Global.
XCF secures line of credit from Helena Global

3 weeks ago | safinvestor.com | Fayaz Hussain

Sustainable aviation fuel (SAF) producer XCF Global announced that it has entered into an equity line of credit purchase agreement with Helena Global Investment Opportunities as a supplementary source of liquidity. Helena Global Investment Opportunities is a subsidiary of Helena Partners. The agreement is subject to the completion of XCF’s previously announced business combination with BH3 Acquisition. XCF plans to use the line of credit to pursue growth opportunities.
Gamalux CEO calls for mandatory offtake to boost SAF in Malaysia: reports

3 weeks ago | safinvestor.com | Fayaz Hussain

Gamalux CEO calls for mandatory offtake to boost SAF in Malaysia: reports Malaysian oils company Gamalux Oils has called on the government to mandate purchases of sustainable aviation fuel (SAF) for domestic airlines to help scale SAF production. The suggestion was made by the company’s CEO Usman Ahmed while appearing on Bernama TV’s The Nation programme titled “The Future of Sustainable Aviation Fuel”.