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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 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

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