Tag: BP

BP sees bright future for Brazil with RenovaBio

BP sees bright future for Brazil with RenovaBio

November 28, 2018 |

In Brazil, Reuters reports that BP believes RenovaBio has put a positive spin on the future biofuels in the country and that the president-elect who comes into office on January 1 isn’t expected to put up obstacles to its implementation in 2020 as planned. The company has not discarded the idea of further acquisitions in […]

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JM and BP license waste-to-fuels technology to Fulcrum BioEnergy

JM and BP license waste-to-fuels technology to Fulcrum BioEnergy

September 30, 2018 |

In the United Kingdom, Johnson Matthey, alongside BP, signed an agreement with Fulcrum BioEnergy to license their Fischer Tropsch (FT) technology to support biofuels producer Fulcrum and their drive to convert municipal solid waste into biojet fuel. The simple to operate and cost advantaged FT technology can operate both at large and small scale to […]

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Brazil’s competition watchdog greenlights BP and Copersucar’s ethanol trading JV

Brazil’s competition watchdog greenlights BP and Copersucar’s ethanol trading JV

January 4, 2018 |

In Brazil, the competition watchdog Cade ruled that the proposed joint venture between BP and Copersucar to own and operate a recently built ethanol storage complex in the city of Paulínia on a 50/50 basis would not negatively impact the domestic ethanol or storage market so has given the green light for the deal to […]

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Oil majors to announce major renewable energy investment fund on Friday

Oil majors to announce major renewable energy investment fund on Friday

November 3, 2016 |

In the UK, BP, Eni, Repsol, Saudi Aramco, Royal Dutch Shell, Statoil and Total are set to announce details of a joint investment vehicle on Friday that will support renewable energy as the next step in Oil and Gas Climate Initiative set up in 2014 as a way for the sector to combat climate change. […]

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BP green hydrogen project needs Germany to update laws to reflect GHG savings

BP green hydrogen project needs Germany to update laws to reflect GHG savings

October 11, 2016 |

In Germany, BP is trying to secure legislative changes that would facilitate its work with Germany’s Uniper to produce “green hydrogen” at the oil major’s refinery in Lingen. Produced when renewable energy meets hydrolysing water, the gas produced has 90% fewer greenhouse gas emissions compared to its fossil fuel-based counterpart but the law doesn’t yet […]

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BP and Dupont to mothball UK biobutanol R&D facility by mid-2016

BP and Dupont to mothball UK biobutanol R&D facility by mid-2016

December 17, 2015 |

In the UK, by mid-2016 BP and Dupont will finish mothballing their joint Kingston Research Ltd facility in Saltend that hosts its biobutanol pilot plant following what the oil company terms as a successful completion of the research program. It says the mothballing of the facility does not impact its focus on biobutanol, its joint […]

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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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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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Good times for now, headwinds on the horizon:  Q3 earnings time for the advanced bioeconomy, energy

Good times for now, headwinds on the horizon: Q3 earnings time for the advanced bioeconomy, energy

October 30, 2014 |

Novozymes, Shell, BP, Clariant, Green Plains and Pacific Ethanol report — what’s the trend, what’s new, what’s troubling? The Digest looks into the results. In the first half of November we will be hearing from a slew of companies regarding Q3 earnings — but earnings season is well underway already, and we have good indicators […]

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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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