BP and Bunge will combine their Brazilian biofuel and biopower businesses to create a joint venture named BP Bunge Bioenergia.
BP has invested US$30 million in Calysta, a company which uses natural gas to produce protein for animal feeds.
Marathon will use close to 30% of the Manzanillo terminal’s capacity following its agreement with IEnova.
The 2019 edition of BP’s Statistical Review of World Energy focuses on the rift between demands for action on climate change and the slow progress being made.
BP will store over 1 million bbl in IEnova receipt and storage terminals in Manzanillo and Guadalajara, Mexico.
The 2019 edition of BP’s Energy Outlook explores the key uncertainties that could impact the shape of global energy markets out to 2040.
BP and Lotte have agreed a major expansion of production capacity at their JV Lotte BP Chemical Co. Ltd facility in Ulsan, South Korea.