Search Results for 'bp'

BP, Novozymes, Scania, Shell back launch of “Biofuels for Europe” info site

BP, Novozymes, Scania, Shell back launch of “Biofuels for Europe” info site

June 27, 2015 |

In Brussels, a new interactive website “www.BiofuelsforEurope.eu” launched today in the European Parliament to summarize the latest science on key biofuels issues using fact-based, understandable information. BP, Novozymes, Scania and Shell have sponsored the initiative in the common view that biofuels, when sustainably produced, have a positive role to play in decarbonizing the transport sector in […]

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Ethanol production hits record high of 994,000 bpd

Ethanol production hits record high of 994,000 bpd

June 24, 2015 |

In Washington, the Energy Information Agency says ethanol production from corn hit a new record high last week of 994,000 barrels per day, 2,000 bpd higher than the previous record hit in December. Corn prices are at near five-year lows, providing high enough margins to ethanol producers to encourage them to ramp up production. Stocks […]

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BP announces shutdown of Jennings demo plant after failing to find a buyer

BP announces shutdown of Jennings demo plant after failing to find a buyer

May 7, 2015 |

In Louisiana, BP announced it would shutter its Jennings advanced biofuel demo plant, laying off 56 employees. The company said in December that it hoped to sell the sugarcane bagasse-based plant by April but it hasn’t received any acceptable offers, choosing instead to mothball it.

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ABF takes over BP’s 47% stake in Vivergo Fuels

ABF takes over BP’s 47% stake in Vivergo Fuels

May 7, 2015 |

In the UK, ABF has acquired BP’s 47% stake in Vivergo Fuels, bringing the company’s total shareholding in the facility to 94%. The facility reached full production capacity in 2014 and supplies half of the UK’s ethanol demand as well as animal feed.

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BP Biofuels: Biofuels Digest’s 2015 5-Minute Guide

BP Biofuels: Biofuels Digest’s 2015 5-Minute Guide

February 16, 2015 |

BP Biofuels is a leading global biofuels player, with a breadth of investment that is unique in terms of both its scale and its reach. Since 2006, BP has announced investments of more than $2 billion in biofuels research, development and operations, and has production facilities operating or in the planning/construction phases in Brazil and […]

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BP Biocombustiveis seeks to boost capital by more than $200 million

BP Biocombustiveis seeks to boost capital by more than $200 million

January 28, 2015 |

In Brazil, BP Biocombustiveis is looking to finance investments in its local businesses such as expanding sugarcane production through a capital increase of $126 million, following a similar capital hike of $94 million last month. Shareholders will vote on the plan on Feb. 4.

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4 minutes with… Jens Sogaard Jacobsen, Group Sales Director, MBP Group

4 minutes with… Jens Sogaard Jacobsen, Group Sales Director, MBP Group

January 19, 2015 |

Tell us about your company and it’s role in the Advanced Bioeconomy. MBP Group works closely together with a number of manufacturing companies that process biological products. We manage their by-products and ensure that this potential waste is brought to optimal use in the bioeconomy. Examples of applications are: HFO and LFO replacement, CHP fuel, […]

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BP’s exit from cellulosic ethanol: the assets, the auction, the process, the timing, the skinny

BP’s exit from cellulosic ethanol: the assets, the auction, the process, the timing, the skinny

January 18, 2015 |

The complete details on BP’s exit and the considerable physical and intellectual assets available for acquisition, in part or in whole. As BP continues to reel from its oil leak capital calls and the impact of crashing oil prices, they dropped a bombshell in recent weeks: “The current challenging external business environment is resulting in […]

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BP to make major job cuts, sell assets as energy prices fall: lignocellulosic business goes on the block

BP to make major job cuts, sell assets as energy prices fall: lignocellulosic business goes on the block

December 8, 2014 |

Butamax, KRL, Vivergo, sugarcane ethanol business not impacted by cuts; consolidation to Brazil; San Diego research center, Highland feedstock operation also up for sale. In the UK, news broke from BP headquarters that the company has determined to divest the cellulosic biofuels business amidst an overall corporate retrenchment, in the face of falling energy prices, […]

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BP makes equity investment in Pure Biofuels del Peru

BP makes equity investment in Pure Biofuels del Peru

September 10, 2014 |

In Peru, BP has announced an equity investment of an undisclosed amount in Pure Biofuels del Peru. Based in Lima, Pure Biofuels is a leader in the Peruvian refined fuels and distribution services markets. Pure Biofuels currently has over 1,000,000 barrels of liquid fuels storage at the Port of Callao, the largest port on the […]

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