Tag: BP

BP Biofuels: Biofuels Digest’s 2014 5-Minute Guide

Company description:

 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 […]

February 27, 2014 More

Bring Out Your Dead! As renewable equities soar, integrated oilcos sputter

What’s going on – aren’t biofuels supposed to be dead, and fracking changing everything forever in oil & gas? Yet, tough times for growth at the public oil companies, while bellwether renewable fuel equities are on the rise. Why aren’t results tracking the hype? It’s earnings season — time to look away from the pundits, […]

February 6, 2014 More

European Court of Justice rejects BP bid to avoid biodiesel duties on US imports

In Luxembourg, the European Court of Justice has rejected BP’s request to be exempted from anti-circumvention duties levied on biodiesel imports coming from the US. The court said it denied the request because it says the company played a significant role in trying to circumvent EU rules that in part led to the anti- circumvention […]

January 20, 2014 More

BP announces new technology to convert ethanol to ethylene

In the United Kingdom, BP announced a new technology, Hummingbird, that directly converts ethanol to ethylene through dehydration. Hummingbird is a newly developed proprietary process by which ethanol is dehydrated to produce ethylene. BP states that the new technology is lower cost and simpler compared to existing ethanol to ethylene technologies. “Hummingbird is a next […]

November 13, 2013 More

BP unveils two new technologies to produce petrochems from ethanol

In the UK, BP announced two new technologies for the production of key petrochemical feedstocks. SaaBre™ is a new route for the production of acetic acid from syngas and Hummingbird® directly converts ethanol to ethylene through dehydration. SaaBre’s breakthrough is a process for the conversion of synthesis gas (carbon monoxide and hydrogen derived from hydrocarbons such as […]

November 11, 2013 More

Mascoma brings on BP, Exxon execs

In New Hampshire, Mascoma has brought on Steve Percy, former chairman and CEO of BP America, and Dan Neslon, former vice president of ExxonMobil, to its broad of directors. The company is currently diversifying membership on its board of directors as the company turns towards commercialization. “We are excited to welcome Steve and Dan to […]

November 11, 2013 More

BP says it’s doing well thanks to being net long on RINs

In the UK, BP says it’s fairly well positioned in terms of exposure to RINs, which have gone sky high in the past few months ahead of the E10 blend wall. That price increase has caused some in the oil industry to criticize the RFS but BP says it was able to trade into the […]

July 30, 2013 More

Bloomberg addresses decline in biofuel investment market, highlights BP and Shell

In the UK, BP and Shell are set to cut back as biofuel investments hit a seven-year low, according to a Bloomberg article highlighting the challenges facing the biofuels industry where investment is harder to come by than ever. Global investment in biofuel production has shrunk to $57 million in Q1, the lowest since 2006, […]

July 8, 2013 More

BP scales back EU biofuels efforts admist policy uncertainty

In the UK, BP is directing advanced biofuel funding back into the United States and South America as EU’s regulatory environment continues to look uncertain for the future, said Phil New, head of BP Biofuels. With the EU’s concerns about Indirect Land Use Change and climate change, questions continue to be raised about the environmental […]

June 24, 2013 More

BP says global biofuels demand drops, first fall since 2000

In the UK, the BP Statistical Review of World Energy 2013 – the 62nd annual report – revealing the largest single-year increase in US oil production ever recorded, and the first drop in biofuels production since 2000. The US recorded the world’s highest growth in production of both oil and natural gas in 2012, on the […]

June 17, 2013 More