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Ethanol (also called ethyl alcohol, grain alcohol, drinking alcohol, or simply alcohol) is an organic compound with the chemical formula CH 3 CH 2 OH. It is an alcohol, with its formula also written as C 2 H 5 OH, C 2 H 6 O or EtOH, where Et stands for ethyl. Ethanol is a volatile, flammable, colorless liquid with a characteristic wine-like ...
The Renewable Fuel Standard, or RFS, was first passed in 2005 to mandate the use of biofuels in America's transportation sector. Despite being amended in 2007, it still has some pretty big flaws ...
Directs the Secretary to establish a loan guarantee program for up to 80% of the cost of a project for: (1) the harvesting, storing, and delivery of agriculture residues for use in cellulosic or traditional ethanol production plants; (2) cellulosic ethanol production technologies that will reduce the initial capital cost to $2.50 per annual ...
The purchase will increase BP's ethanol production to 50,000 barrels per day. [181] [182] [183] In November 2024, BP and partners announced its plan to invest $7 billion to a carbon capture and gas field development in Indonesia’s Papua region that has the potential of almost 3 trillion cubic feet of gas resource.
A one-year extension of federal farm programs, around $30 billion in economic relief and an agreement that would increase sales of a higher blend of ethanol, called E15, were part of a bipartisan ...
BP Biofuels Highlands was a subsidiary of BP developing cellulosic ethanol project in Florida. It was formerly known as Vercipia Biofuels. [1] [2] The company headquartered out of Tampa, Florida. Vercipia was established as a joint venture between BP and Verenium Corporation in 2009. [3] In July 2010, it became a wholly owned subsidiary of BP ...
BP PLC (NYSE:BP) shares are trading lower after the company reported third-quarter results. Sales and other operating revenues came in at $47.254 billion, missing the consensus of $52.557 billion.
The production of fuel ethanol from corn in the United States is controversial for a few reasons. Production of ethanol from corn is 5 to 6 times less efficient than producing it from sugarcane. The reason that corn has been notoriously used for ethanol production is because farmers are either paid to destroy crops or to not grow corn crops.