BP, Shell stall biofuel plans, cut down $57m investment
Jul 9th, 2013
by John Donovan.

EBR Staff Writer: 08 July 2013
European oil giants BP and Royal Dutch Shell are deferring their investments in bio-fuel projects by holding a consolidated investment of about $57m during the first quarter of 2013.
Industry sources claim that the current quarter witnessed the lowest investment for bio-fuel production since 2006.
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Posted in: Alternative Fuels, BP, Royal Dutch Shell Plc.
Tagged: Biofuels