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BP expands in Brazilian biofuels with $680 mln buy

Oil major BP has agreed to buy a Brazilian ethanol producer for $680 million, expanding its presence in the country’s biofuels industry in what it said was the largest deal to date for its alternative energy unit. BP, which has

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Posted in Biofuel Production

BP: Biofuels only major way to decarbonizes road fuel

Biofuels represent the only way to significantly reduce carbon emissions in road transport fuel and are likely to account for at least 12 percent of supply by 2030, an official with oil giant BP said on Wednesday. “There is no

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Posted in Biofuel Production, Biofuel Research, News

BP Plans $1B Wind, biofuel Investments For 2011

BP plans to invest $1 billion in 2011 in its renewable energy business, roughly the same amount it invested last year. During the company’s fourth-quarter earnings call, BP CEO Bob Dudley said that a bulk of the company’s green Capex

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Posted in Biofuel Production, Biofuel Research, News

BP says biofuels growth will outpace oil in 2011-2030 period

In the UK, BP published for the first time a summary of its forward-looking analyses. In Energy Outlook 2030, BP projects that primary energy use will grow by nearly 40% over the next twenty years, with 93% of the growth

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Posted in Biofuel Production, News

Three companies fined for breaches of UK biofuel rules

Renewable Fuels Agency imposes fine on Yorkshire Petroleum Company, as well as BP and Total subsidiaries The UK’s biofuels watchdog has today fined three companies a total of £60,000 for failures to comply with environmental legislation designed to reduce carbon

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Posted in Biofuel legislation, News

BP gushes over improved ethanol

British Petroleum’s (BP) disastrous Gulf oil spill will forever be a part of our nation’s gasoline-powered history. The oil giant is trying to introduce an improved ethanol that could assist us in weaning ourselves off of oil and making that

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Posted in Biofuel Production, Biofuel Research, News

Engineered Yeast Boosts Biofuel Production

Researchers have engineered a strain of yeast that simultaneously consumes two sugars found in plants, a process that could make biofuel production faster, cheaper and more efficient. The researchers tweaked Saccharomyces cerevisiae, a yeast commonly used to convert plant sugars to

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Posted in Biofuel Production, Biofuel Research, News

BP reportedly bids for Brazil’s Cerradinho Group

BP PLC has bid $466 million for a 50% stake in Brazil ethanol maker Cerradinho Group as the oil major looks toward increasing its biofuel offerings, according to published reports. BP PLC’s /quotes/comstock/13*!bp/quotes/nls/bp (BP 43.60, +0.61, +1.42%) bid faced a

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Posted in Biofuel Production, News

Frontier wheat club offers biofuel benefits

Frontier has revealed details of its farmer contract to supply wheat to the Vivergo bioethanol plant, being built on Humberside. The factory will use 1.1m tonnes of wheat a year and is due to start production in mid 2011, with

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Posted in Biofuel Production, Biofuel Research, News

BP sees biofuel growth from U.S. grass, Brazil sugar

BP is focusing its biofuel efforts on Brazilian sugar cane and U.S. energy grasses, holding off on investments in the rest of the world for the moment, a senior executive of the global energy group said on Thursday. James Primrose,

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Posted in Biodiesel, Bioethanol, Biofuel Production, Biofuel Research, Food Crops, News

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