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  • Reuters

    BP plans foray into 2G ethanol, sustainable jet fuel with Brazil base

    BP Plc will evaluate expanding and diversifying its biofuel operation in Brazil, looking at new products such as second-generation ethanol and sustainable aviation fuel after buying out Bunge from their joint venture BP Bunge Bioenergia. The company said in written comments to Reuters that it wants to use the venture's massive biofuel base in Brazil - an industrial complex with 11 plants in five states processing sugarcane - to develop key projects to support the broader BP view for bioenergy. The Brazil complex "is a scalable bioenergy platform with cost advantages," it said.

  • Zacks

    BP to Acquire Full Control of Biofuels Joint Venture for $1.4B

    BP has agreed to buy Bunge's 50% interest in their joint venture (JV), BP Bunge Bioenergia. The $1.4 billion deal will give BP full ownership of the JV, enabling streamlined operations and a refined focus on profitable biofuel developments.

  • Zacks

    BP p.l.c. (BP) is Attracting Investor Attention: Here is What You Should Know

    BP (BP) has received quite a bit of attention from users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.