Shell inks deal with Neste to boost aviation biofuels supply

Shell last week announced a deal with oil refining and biofuels manufacturer Neste, which the two companies claim will significantly increase the supply and availability of sustainable jet fuel for the aviation industry.

The agreement, which comes into effect from next month, brings together Neste’s expertise in the production and supply of so-called “renewable diesel” made from a range of raw materials — such as animal fats, vegetable oils, rapeseed oil and palm oil — with Shell’s aviation arm, which supplies jet fuel around the world.

Anna Mascolo, president of Shell Aviation, said the deal reflects the oil giant’s aim to “reduce the carbon intensity of the fuels we sell which includes selling more lower-carbon fuels like sustainable aviation fuel.”

“Today’s agreement with Neste will help Shell Aviation customers to lower their emissions and demonstrates the kind of progress we can deliver by working in collaboration with others,” Mascolo added.