British Petroleum, Alternative Energy and Lessons from China
Seeking Alpha
by: Dennis U. Atuanya
July 23, 2009
Oil major British Petroleum (BP), following a leadership succession reportedly cancelled its renewable energy program and withdrew from its joint venture with the company D1 on biodiesel production. The joint venture was set to utilize the oil crop jatropha (Jatropha curcas) as feedstock.
Coincidentally, a research report concluded that jatropha utilized a rather large 20,000 liters of water to produce a liter of biodiesel compared with 14,000 for the other biodiesel crops soybean and rapeseed. The report questioned jatropha's much-celebrated capacity to thrive on marginal soils, one of two planks (the other being its high oil yield) on which its allure for biodiesel production rests. Investment interest in jatropha, not surprisingly then, dipped slightly in the immediate aftermath of BP's actions.
Read the full story
2 comments:
We, OOO GSK NEFT is one of the leading Oil & Gas trading companies in Russia Federation with good business reputation and well experienced in the Petroleum and mining sector. We offer the following trades through our reliable Refineries: D2 DIESEL OIL GOST 305-82, JP54 AVIATION KEROSENE COLONIAL GRADE, UREA 46%/PRILLS, LNG,LPG, REBCO, MAZUT100 GOST 10585-75/99, AUTOMOTIVE GAS OIL(AGO) ETC. We as well secure allocations from our various Refineries for our numerous buyers who are interested in Spot transactions on FOB/CIF deliveries to any world safe port (AWSP). Our Refineries have their products both at Russian ports and Rotterdam port.
Best Regards
Mr Burdin Dmitry Yuryevich
Tel: +79268063267
Email: ooogsk.neft@mail.ru
Skype: ooogsk.neft@mail.ru
We Neftegaz Energy Consultant, Currently working as a mandate to a Russia Refinery who has following Petroleum products in Rotterdam and Russia for urgent lift.
We have JP54, D6, D2, A1. on CI Dip and Pay.
If you interested contact us for SCO.
Maksim Yaroslav
Email: neftegazconsultant@yandex.ru
Email: neftegazconsultant@mail.ru
Skype: neftegazconsultant
Post a Comment