BP expanding activities in Biofuels
BP has agreed is acquiring the remaining 50% of the Brazilian biofuel company Tropical BioEnergia S.A. from its current joint venture partners for approximately US$ 71 million.
BP has agreed is acquiring the remaining 50% of the Brazilian biofuel company Tropical BioEnergia S.A. from its current joint venture partners for approximately US$ 71 million.
There are still ongoing security issues in Libya, which are likely to slow down attempts at getting oil production back up to pre-conflict levels.