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....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Transport

Andy Burnham restores £2 cap on bus fares

Andy Burnham restores £2 cap on bus fares

Government announces it to cut bus fare cap by a third from next year, as part of latest efforts to boost green transport and ease cost of living pressures

James Murray
clock 22 July 2026 • 3 min read
Volkswagen launches 'safety first' e-bike

Volkswagen launches 'safety first' e-bike

New e-bike features same preventative technology as cars to help cyclists anticipate vehicles, and vice versa

clock 17 July 2026 • 1 min read
 UK and Irish governments face calls to improve 'Sail & Rail' links between London and Dublin

UK and Irish governments face calls to improve 'Sail & Rail' links between London and Dublin

Open letter argues poor rail and ferry services are pushing travellers towards 'highly polluting' short-haul flights

clock 07 July 2026 • 3 min read