BP

British Petroleum (BP) is set to expand its Brazilian ethanol output with its full acquisition of biofuel firm Tropical BioEnergia S.A. Set to take effect immediately, BP will acquire the remaining 50 percent of Tropical BionEnergia from existing joint venture partners for $71 million. Those ...

Remember the Deepwater Horizon, the oil rig that exploded in the Gulf of Mexico last year and leaked untold thousands of gallons of oil and tar balls? Of course you do. Well, things might not be as finished there as the recent news silence would suggest. With the federal government still trying ...

Oil behemoths BP and ConocoPhillips have scrapped plans to build a $35 billion pipeline to move natural gas from Alaska to the Lower 48. BP and ConocoPhillips claim that the decision to abandon the massive natural gas pipeline project was driven by weak customer demand. The decision, though not ...

As expected, a Democratic bill that would have put an end to the multi-billion-dollar annual tax subsidies for oil companies Chevron, Shell, BP, ConocoPhillips and Exxon Mobil failed to overcome a Republican filibuster on Tuesday evening. The heavily partisan 52-in-favor, 48-against vote, fell ...

British Petroleum's (BP) disastrous Gulf oil spill will forever be a part of our nation's gasoline-powered history. The oil giant is trying to introduce an improved ethanol that could assist us in weaning ourselves off of oil and making that spill a distant memory. Recently, BP teamed up with the ...

BP CEO Tony Hayward isn't exactly the most popular businessman in the world these days. Socially tone-deaf, he's going to be remembered (rightly) for his callous "I want my life back" statement that came while his company's oil was ruining the lives of people living along the Gulf of Mexico. He has ...

CytoSol Biosolvent is not a new technology. It's been tested and used in oil spills all the way from Japan to California to Puetro Rico over the last 15 years. But, now, with the Gulf Oil Spill requiring a lot of ...

In response to BP's catastrophic oil spill in the Gulf of Mexico, President Barack Obama immediately placed a six-month moratorium on deep-water drilling efforts, a move which affected 33 deep-water drilling projects. While many people initially applauded Obama's decision, public sentiment in the ...

One of the weirdest parts of the BP oil spill is the work that actor Kevin Costner is doing to help clean up the spill. Except that it's really not that weird at all. We just weren't that aware of the work Costner has been doing on oil cleanup work with his Costner Industries company and Ocean ...

The exact amount of oil that is still spewing into the Gulf of Mexico from BP's broken tap is a number under some dispute, but the mess could be increasing at a rate of a million gallons a day. Or, as the WaPo put it, "roughly one Valdez spill every week." So, how much gasoline has been wasted by ...