Tag: BP

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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Food security gets a boost: Calysta gets $30M from BP for protein-based animal feed from natural gas

Food security gets a boost: Calysta gets $30M from BP for protein-based animal feed from natural gas

June 30, 2019 |

From Menlo Park, California comes big news that alternative protein producer Calysta got a hefty $30 million investment from BP Ventures to support a worldwide rollout of Calysta’s FeedKind protein. Touted as a huge step forward in global food security, Calysta’s sustainable single-cell protein is produced through a proprietary, commercially-validated gas fermentation process using naturally […]

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Where is NEXT Renewable Fuels going next and why we want them as a neighbor

Where is NEXT Renewable Fuels going next and why we want them as a neighbor

June 9, 2019 |

            NEXT Renewable Fuels, Inc. is leading the way in turning recycled organic materials, like used cooking oil – white and brown grease, animal tallow and a variety of vegetable oils – into renewable transportation fuels, like second-generation advanced green diesel and other products, with their Oregon facility. Representing an […]

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BP Production to supply NEXT Renewable Fuels with 13.2 million barrels a year of feedstock

BP Production to supply NEXT Renewable Fuels with 13.2 million barrels a year of feedstock

May 28, 2019 |

In Texas, NEXT Renewable Fuels, Inc (NEXT) and BP Products North America Inc. (BP) have entered into a long-term Feedstock Supply Agreement whereby NEXT will purchase approximately 2 million metric tons (13.2 million barrels) per year of renewable feedstocks for NEXT’s planned Port Westward, Oregon renewable diesel facility.  Under the Agreement, BP will supply used cooking […]

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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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