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July 7, 2023--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--British energy company BP (NYSE:BP) (London, England) announced plans to invest $10 million in California-based biofuels company WasteFuel (Los Angeles) with the aim of offering cleaner fuels to maritime shippers. BP said the investment is part of an effort to offer lower carbon fuels to shippers by utilizing WasteFuel's scalable anaerobic digestion to yield so-called green methanol.
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