What is the primary objective of the agreement between Eni and Petronas regarding biofuels?

The primary objective of the agreement is to explore the development of a high-performance bio-gasoline for motorsport races, leveraging Eni's proprietary refining process—used since 2014—to produce hydrogenated vegetable oil (HVO) biofuels from renewable raw materials.

How does this new collaboration between Eni and Petronas extend beyond their existing joint venture?

This collaboration extends beyond their recently launched 50-50 joint venture combining operations in Indonesia and Malaysia, marking a new strategic effort focused specifically on advancing biofuel technology for high-performance applications in motorsport, with potential future application to commercial products.

Eni, Petronas to Explore Biofuel Development for Motorsport

Sep 7, 2026

Eni and Petronas signed an agreement to develop high-performance bio-gasoline for motorsport using Eni's HVO refining process. The collaboration aims to eventually apply the technology to commercial products.

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