Tag: BP

Petronas announces net zero target by 2050 with eye on non-traditional biofuels

Petronas announces net zero target by 2050 with eye on non-traditional biofuels

November 5, 2020 |

In Malaysia, on the heels of BP’s move that shook the oil industry, Platts reports that Petronas has announced it too wants to achieve net zero carbon emissions by 2050. The company CEO said it will focus on “nature-based” solutions, undoubtedly doubling down on its biofuel investments, production and continued R&D, including keeping an eye […]

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BP looking at renewable diesel and SAF conversion at Kwinana Refinery in Western Australia

BP looking at renewable diesel and SAF conversion at Kwinana Refinery in Western Australia

November 2, 2020 |

In Australia, the Chemical Engineer reports that BP has announced plans to shut its Kwinana Refinery in Western Australia after micro and macro factors made the low margin facility economically unviable. It announced immediate plans to turn it into an import facility but like many other oil refiners globally said it is exploring the potential […]

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RNG heats up with slurry of 2020 deals, big players involved, Chevron, BP, Brightmark, Aemetis, Verbio, Greenlane Renewables

RNG heats up with slurry of 2020 deals, big players involved, Chevron, BP, Brightmark, Aemetis, Verbio, Greenlane Renewables

October 11, 2020 |

Brightmark and Chevron just formed a joint venture to own projects across the United States to produce and market dairy biomethane. Greenlane Renewables signed a $5.8 million contract with Brightmark. Construction started in Ohio on a $33 million RNG project. Verbio’s RNG facility slated to be running by fall 2021. A new RNG facility is […]

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Tennessee landfill gas RNG project commissioned by BP and partners

Tennessee landfill gas RNG project commissioned by BP and partners

August 20, 2020 |

In Tennessee, Republic Services and energy partners Aria Energy and BP announced the startup of a landfill-gas-to-renewable-natural-gas (RNG) project at South Shelby Landfill. The project directly supports Republic’s commitment to send 50 percent more landfill gas to beneficial reuse by 2030. South Shelby Landfill is one of 189 active, modern-day landfills managed by Republic Services, […]

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BP’s green shift could focus heavily on vertically integrated renewable diesel

BP’s green shift could focus heavily on vertically integrated renewable diesel

August 6, 2020 |

In the UK, Forbes reports BP announced this week that it would shift to cleaner forms of energy and cut oil production by 40% by 2030. As part of its strategic plan to move towards renewables includes a significant biofuels piece beyond its renewable diesel production at its Cherry Point Refinery in Blaine, Washington. Forbes […]

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Bunge sells stake in Iowa ethanol plant

Bunge sells stake in Iowa ethanol plant

January 5, 2020 |

Like a well-intentioned New Year’s Resolution, Bunge is trying to shed some extra weight and focusing on its core. Bunge North America sold its Series B membership units to Southwest Iowa Renewable Energy, LLC effective December 31, 2019, thus ending Bunge’s 13-year ownership interest in SIRE. But why? As we know all too well, the […]

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BP & Arzeda: mystery renewable chemical in focus

BP & Arzeda: mystery renewable chemical in focus

December 16, 2019 |

In Washington state, BP and Arzeda entered a second extended collaboration agreement for developing a bio-process for production of a renewable chemical of high strategic and industrial interest to BP. After successful completion of the first phase of the project, BP and Arzeda chose to enter the second phase with the aim to accelerate progress […]

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BP and Bunge complete formation of Brazilian JV

BP and Bunge complete formation of Brazilian JV

December 2, 2019 |

In Brazil, BP and Bunge announced that they have completed the formation of BP Bunge Bioenergia, the Brazilian bioenergy joint venture that combines their Brazilian bioenergy and sugarcane ethanol businesses. BP Bunge Bioenergia is now the second largest operator by effective crushing capacity in the Brazilian bioethanol market. Mario Lindenhayn from BP will be the […]

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BP and Bunge confirm 50:50 joint venture for Brazilian ethanol

BP and Bunge confirm 50:50 joint venture for Brazilian ethanol

July 23, 2019 |

In the UK, BP has agreed to form a 50:50 joint venture with Bunge that will create a leading bioenergy company in one of the world’s largest fast-growing markets for biofuels. BP will combine its Brazilian biofuels and biopower businesses with that of Bunge to create a world-scale, highly-efficient producer of sugarcane ethanol in Brazil, BP […]

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Bunge and BP may team up in mega sugar/ethanol JV to rival Raizen

Bunge and BP may team up in mega sugar/ethanol JV to rival Raizen

July 10, 2019 |

In Brazil, Bloomberg reports that BP is looking to team up with Bunge on a joint venture that would link up sugar and ethanol assets that would create a similar giant to Shell’s JV with Cosan, Raizen. Bunge has been looking to offload its sugar assets in Brazil for a number of years with no […]

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