Tag: BP

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

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

February 27, 2014 |

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 […]

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

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

February 6, 2014 |

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, […]

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

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

January 20, 2014 |

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 […]

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BP announces new technology to convert ethanol to ethylene

BP announces new technology to convert ethanol to ethylene

November 13, 2013 |

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 […]

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BP unveils two new technologies to produce petrochems from ethanol

BP unveils two new technologies to produce petrochems from ethanol

November 11, 2013 |

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 […]

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Mascoma brings on BP, Exxon execs

Mascoma brings on BP, Exxon execs

November 11, 2013 |

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 […]

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