BP Profits Soar
BP is reporting its highest quarterly profit in four years as higher oil prices boosted earnings. The energy company made $5.7 billion between April and June, more than double its profit from a year ago.
Articles tagged under: BP
A Biofuels Joint Venture Created
Corteva and BP have launched a 50-50 joint venture called Etlas. The plan is to produce biofuels, like sustainable aviation fuel and renewable diesel, from crops including canola, sunflower and mustard. Etlas plans to produce one million metric tons of…
BP and Nufarm Ink Deal
British Petroleum and Nufarm have signed a ten-year agreement with a goal to reduce emissions and fight climate change. Nuseed, which is a subsidiary of Nufarm, will provide carinata oil as a sustainable biofuel ingredient. Carinata is a plant similar…
BP Bunge Joint Venture Finalized
The British oil company, BP, and the U.S. agricultural company, Bunge, have formed BP Bunge Bioenergia. This combination brings together their sugar and ethanol business in Brazil. The 50-50 joint venture will oversee 11 sugar processing plants.
