BP to acquire Bunge's 50% stake in BP Bunge Bioenergia S.A. for an enterprise value of $1.4 billion. Post-acquisition, BP can produce about 50,000 barrels per day of ethanol equivalent from sugarcane.

BP is eyeing to develop new platforms for bioenergy such as next generation ethanol, sustainable aviation fuel (SAF) and biogas. Image by JJ Gouin via iStock BP plc is acquiring Bunge’s 50 percent ...

Martek Biosciences, a company that has been working on growing algae for conversion into microbial oils and biofuels, has inked a $10 million deal with energy leader BP for the joint development of ...

LONDON (Reuters) -BP has stopped work on its Rotterdam biofuels plant, a company spokesperson said on Monday, marking the latest in a string of abandoned biofuels projects by oil companies such as BP ...

LONDON (Reuters) - Oil major BP beefed up its biofuels business on Thursday by paying $98 million (63.7 million pounds) for technology and facilities developed by U.S. partner Verenium Corp . The ...

BP (NYSE:BP) said Tuesday it is pushing back plans to make renewable fuels at the site of its former Kwinana oil refinery in Australia, the latest step in the company's broader cost-cutting drive. BP ...

LONDON--(BUSINESS WIRE)--Rio Tinto and bp have agreed to work together on a one-year biofuel trial to help reduce carbon emissions from Rio Tinto’s marine fleet. Under the trial, bp is supplying Rio ...

BP plc (BP) has announced its agreement to acquire Bunge's 50% stake in their joint venture, BP Bunge Bioenergia S.A., solidifying BP’s control over one of Brazil’s top biofuel-producing companies.

Supermajor BP is weighing the possibility of investing directly in feedstock crop farming and buying stakes in producers of biofuel feedstock as it is accelerating its biofuels business, Nigel Dunn, ...

SAO PAULO/LONDON, March 11 (Reuters) - Oil major BP has agreed to buy a Brazilian sugar and ethanol group for $680 million, expanding its presence in the country's biofuels industry in what it said ...

BP (NYSE:BP) said Monday it is stopping work on its Rotterdam biofuels plant in the Netherlands, the latest in a string of abandoned biofuels projects by European oil companies in an environment of ...

UK supermajor BP is looking at strategies for a possible entry into Brazil's booming ethanol industry as it diversifies from core fossil fuels activities to biofuels, a senior official said today.