BP Ventures has committed $10 million, leading the Series B investment round, in WasteFuel, a California-based biofuels company. WasteFuel uses technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as bio-methanol. Globally, solid waste production totals about 2 billion metric tons annually and is expected to increase to 3.4 billion metric […]
BP ventures back into oil frontiers to boost output – EQ Mag
LONDON : BP (BP.L) is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions. The move comes as companies try to balance pressure to slash climate-warming […]
