Wednesday, January 29, 2025

A visit to Metafuels SAF 'Aerobrew' lab and pilot plant

(Left to right: Leigh Hackett, Chairman of Metafuels, Marco Ranocchiari, Leader of Energy Systems Integration platform, Paul Scherrer Institute, Gaurav Sharma, Energy Analyst, Oilholics Synonymous, Saurabh Kapoor, CEO of Metafuels at the Aerobrew pilot plant and laboratory.)






Last month, the Oilholic headed out to the Paul Scherrer Institute in Würenlingen, Switzerland, to visit a laboratory and pilot site run by start-up firm Metafuels. It's attempting something that's a bit different in the sustainable aviation fuels space by producing its fuel via a methanol-to-jet fuel process. 

For context, you'd mostly find that e-sustainable aviation fuels or e-SAFs start-ups (i.e. those deploying renewable energy to produce synthetic fuel), do so by deploying the Fischer-Tropsch process. It involves sequential chemical reactions that convert a carbon monoxide and hydrogen mix, or synthetic gas ("syngas") into liquid hydrocarbons. 

But the team at Mefafuels led by two experts from the carbon capture and storage sphere - CEO Saurabh Kapoor and Chairman Leigh Hackett - is attempting something no other start-up known to yours truly is currently doing by viably deploying methanol synthesis to produce their SAF. 

Via their chosen method, methanol is synthesised from carbon monoxide and hydrogen at high pressure using catalysts made up of copper and zinc oxide. This too is a long-established process. But only recently have petrochemists managed to create pathways and additional steps for synthesising longer-chain hydrocarbons such as butylene, ethylene, propylene, and ultimately kerosene / jet fuel. 

Kapoor, Hackett, and a third co-founder Ulrich Koss, along with a team of a dozen people, believe they have come up with a methanol-to-jet fuel process that makes their e-SAF "economically viable" with fewer unwanted by-products and less waste compared to the routinely deployed Fischer-Tropsch process. 

In their laboratory, Metafuels demonstrated to the Oilholic that the synthesis works as they intend it to, and with the desired efficiency, to produce a jet fuel they've trademarked with a rather catchy name - Aerobrew. (See right)

Several members of the team, including Kapoor and Hackett, as well as designated officials from the Paul Scherrer Institute led by Marco Ranocchiari, spent an entire day with The Oilholic, explaining and demonstrating the viable path to upscaling their Aerobrew. 

Moving beyond the lab, Metafuels' demonstration plant with a production capacity of 50 litres is nearly complete which this blogger was also given a kind tour of. The plant will help Metafuels work on concepts for producing Aerobrew on a much larger scale. 

And speaking of scaling up the process, here's yours truly's feature on Metafuels for Forbes, which touches on the firm's plans for commercialising Aerobrew. The first step of this would an industrial-scale commercial plant with a capacity of 5000 litres, or hundred-times that of the pilot plant by 2028. 

The anticipated cost of production of 5,000 litres of Metafuels' e-SAF will likely be around 50% lower and the yield around 80% higher, according to the company. This is massive if achieved on a commercial scale. 

While The Oilholic can personally testify that Metafuels' offer is what it says on the tin, or shall we say an eagerly-awaited barrel of Aerobrew - the start-up is neither short of belief nor backers. 

Speaking of the latter, it has raised $22 million so far in funding via a diverse set of venture capital funds. 

At the time of writing, these include Celsius Industries, RockCreek, Fortescue Energy Ventures, Verve Ventures, Energy Impact Partners and Contrarian Ventures, as well as the Swiss Federal Office of Energy. The future looks promising for both Metafuels, and the demand for SAFs, especially in European aviation markets. 

So, it will be interesting to see where this goes, and the Oilholic intends to keep you posted when / where possible. With those final thoughts, it's time take your leave. More musings to follow soon. Keep reading, keep it here, keep it 'crude'! 

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© Gaurav Sharma 2025. Photo I: The Oilholic with the Metafuels team at Aerobrew lab as captioned. Photo II: Metafuels SAF Aerobrew. Photo III: The Oilholic with the Metafuels team at Paul Scherrer Institute, Switzerland. © Gaurav Sharma, December 18, 2024. 

Tuesday, January 21, 2025

Speaking and moderating at India Energy Week 2025

Delighted to announce that yours truly will be moderating and speaking at India Energy Week 2025 due to be held in New Delhi, India from February 11 to 14, 2025. This global energy event aims to unite over 700+ exhibitors, 70,000+ energy professionals and 500+ speakers from across the globe. It will offer invaluable insights, thought leadership, foster collaboration among key stakeholders and accelerate progress on the sustainable energy agenda. 

Explore the event's groundbreaking agenda and register as a delegate here










Looking forward to the deliberations, meeting thought leaders and friends. Join, if you can, for some fantastic industry exchanges and networking in New Delhi.

Keep reading, keep it here, keep it 'crude'! 

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© Gaurav Sharma 2025. Digital event banner courtesy of dmgevents2025.

Monday, January 20, 2025

"Drill Baby, Drill!" (Again)

What can only be described as the greatest political comeback in history was completed on Monday by Donald J. Trump as he returned to the White House as the 47th President of the United States. 

Destroying all premature political obituaries about him and opponents of descriptions, the Trump 2.0 era began with a familiar cry of "drill baby, drill" from the President, among other things. 

Drill the Americans will, and already are, pumping north of 13 million barrels per day of crude oil. Here's The Oilholic's Forbes piece on the day's 'crude' developments and how the President wants to tap into America's "liquid gold" to usher in a "a new golden era" for the country. 

As for the oil price itself, this blogger stands by what one told Reuters earlier during the day's trading session - the Trump administration will most likely go after Iran and Venezuela, with heightened sanctions on Russia already priced in oil market. 

This will likely keep the Brent front-month futures contract around $80 per barrel. However, the direction of travel from there will be dictated by emerging Trump policies, non-OPEC production, international trade wars (or not) and China's economy. 

That's all for the moment folksKeep reading, keep it here, keep it 'crude'! 

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© Gaurav Sharma 2025. Photo: US flag. © DWilliam / Pixabay, 2015

Tuesday, January 14, 2025

Oil spikes as US hikes sanctions on Russia & more

Happy New Year dear readers. Oil trading began on a much firmer footing this month, with Brent capping the $80 per barrel mark for the first time in three months on January 10. 

The global proxy benchmark has pretty much stayed near the mark in the couple of market sessions we have had since, as traders get their first quarter antennae up to gauge the direction of travel. And, of course, factor in recent news of heightened US sanctions on Russia's oil exports.

Many of the curbs target what's described as a "shadow fleet" of ageing non-Western oil tankers that carry Russia's oil. It has sent China and India - two of the biggest buyers of Moscow's black gold - scrambling for alternatives while they work out the situation. 

Extremely cold weather in the North Hemisphere, and an anticipation of tougher sanctions on Iran by an incoming Donald Trump administration are also providing an upside. However, wider market fundamentals have not shifted by much. 

The dollar remains relatively strong, lack of clarity on where China's demand may eventually go this year persists and there is still plenty of non-OPEC oil out in the market to meet global demand growth projections just north of 1 million barrels per day. 

Many are also factoring in higher US production levels in 2025. So the current firmness in Brent prices may prove to be short-lived. 

Away from the oil market, yours truly also discussed Central Europe's natural gas conundrum following Ukraine's new year's eve decision to end Russian energy transit via its territory on CGTN earlier this month. 

Basically, the old continent will need to find around 15 bcm of natural gas from elsewhere, which it can but at a considerably higher cost. (Full interview clip here).

Finally, switching tack to market related political developments, the year has begun with oil rich Canada's Prime Minister Justin Trudeau (finally) on his way out of office and an election on the horizon. Meanwhile, incoming US President Donald Trump has caused a stir revisiting his attempt to acquire the resource-rich and strategically important Arctic island of Greenland

We're barely a week away from Trump entering the White House with massive implications for the energy market and beyond. And on that note, its time to say goodbye for nowKeep reading, keep it here, keep it 'crude'! 

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© Gaurav Sharma 2025. Photo: Oil production site. © jplenio / Pixabay, 2018

Tuesday, December 24, 2024

Driving home for Christmas... (petrol prices edition)

Season's greetings dear readers. Many of you may be driving home for Christmas and looking forward to the New Year, with perhaps that most famous of Chris Rea songs playing on the radio. 

As you fuel up for the journey ahead, it is now pretty certain the current year and its festive season will end with petrol prices (or gasoline if you wish) at their lowest since 2021. 

That's because crude oil prices are at their lowest for nearly three years too, owing to lower demand (mainly from China), higher supply (largely from the US) and a stronger dollar (courtesy of the US Federal Reserve). 

Here are your truly's observations on the current market permutations via Forbes, and why lower prices may last well in to 2025

From a UK perspective, at the time of writing this blog, a litre of petrol would set you back on average by 135p (US$1.70), and sub 130p if you happen to a Costco member. In fact, lower prices at the pump are being replicated across Europe.  

And average US prices are pretty low this festive season as well, with a gallon of petrol going for $3.145 this week, counting in regional fluctuations around the mark. That's $0.83 per litre or 66p - a price, as always, many in Europe can only dream of!

On that note, it's time to take your leave for the festive week. The Oilholic will be back in Jan. And wherever you are driving or travelling to (or not driving or travelling at all), be safe and merry. Here's wishing you all a great Christmas & a Happy New Year! The Oilholic will be back in Jan, after the holidays. 

Keep reading, keep it here, keep it 'crude'! 

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© Gaurav Sharma 2024. Photo: Driving in Gloucestershire, UK on December 23, 2024 © Gaurav Sharma 2024.