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Peer Strategy

Market Dynamics, Strategy Resets See Majors Cut SAF Plans

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Delay,Stopping,Disruption,Concept,Embargo,Sanctions,Regulations
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  • The European majors have cancelled a slew of sustainable aviation fuel (SAF) projects over the past year, while their US peers remain largely on the sidelines.

  • As Big Oil backs off SAF, smaller players in the US and Europe are filling the production gaps.

  • The European majors’ future SAF role might be as traders and distributors rather than as producers.

The Issue

Topics:
Biofuels (incl. SAF), Capital Spending, Majors, Corporate Strategy, Trade, Refining
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