BP throws weight behind Brazilian biofuels

James S Murray
clock • 3 min read

As US and Europe enter war of words over biofuel subsidies, BP unveils plans to acquire 50 per cent stake in Brazilian sugarcane business

BP is set to expand its presence in the controversial biofuels market after announcing plans to invest $60m in Brazilian biofuel producer Tropical BioEnergia in return for a 50 per cent stake in the business....

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