Going into this past year, 2022 was meant to be the beginning of the end for petroleum refiners, but another spanner was thrown in the works. With most countries coming out of lockdown and entering post-COVID life, the expectations were that a lot of the trial and tribulations of the past two years would leave […]
Aviation Biofuels: Gaining the Attention of Major Oil Companies
BP has recently announced a $30 million investment in Fulcrum BioEnergy, a producer of aviation biofuels. As part of the investment, BP has taken an equity stake in the company and has also agreed to purchase 50 million gallons of bio-based jet fuel per year for the next ten years. Fulcrum has also partnered with the […]