• Sky Quarry entered non-binding, multi-party memorandum of understanding on May 7, 2026 with Southern Energy Renewables and DevvStream to pursue low-carbon fuel development, including sustainable aviation fuel.
• Collaboration targets refinery integration at Foreland Refinery in Nevada, operator’s 5,000-bpd plant, with development work also tied to PR Spring oil sands asset in Utah.
• Southern Energy Renewables to provide project development support spanning FEED, pilot validation, commercialization for advanced fuels.
• DevvStream to support carbon-market strategy, including environmental attribute programs, carbon monetization pathways, financing frameworks.
• MOU carries initial three-year term, with parties seeking to advance pilot-scale validation, broaden product slate beyond heavy oil and asphalt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sky Quarry Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605121028PRIMZONEFULLFEED9718156) on May 12, 2026, and is solely responsible for the information contained therein.