BP has decided to halt plans to produce clean jet fuel at its Castellon oil refinery in Spain, Bloomberg News reported on ...

(SAF) at its Castellon refinery in eastern Spain - citing slower-than-expected growth in the market. The project was part of a broader €2 billion decarbonisation push at the site, announced in 2023.

BP plc BP, the UK-based energy major, has decided to pause its plan to produce sustainable ... broader uncertainty in the emerging clean jet fuel industry, where demand and policy support have ...

The decision to pause the biofuels investment was reportedly taken due to weaker-than-expected growth in that market.

The plan to make sustainable aviation fuel was part of a €2B decarbonization initiative at the site on Spain's east coast, outlined in 2023. BP (NYSE:BP) will continue to consider a biofuels ...

BP plc BP, the UK-based energy major, has decided to pause its plan to produce sustainable aviation fuel ... The decision reflects broader uncertainty in the emerging clean jet fuel industry, where ...

Castellon oil refinery in Spain. The decision to pause the biofuel investment was driven by weaker-than-anticipated growth in the market.