Search

BP oil

Oil Companies See Profits in Advanced Biofuels

By Emily Gertz on May 28, 2009

The oil industry has backed off alternative energy investments in recent months. BP, for instance, made news in April when it cut 620 jobs of an original 4,400 in its solar business. Last October it killed a $67 million expansion of its solar manufacturing operation in Maryland.

EnergyBoom Community

Welcome to EnergyBoom - an online community that is actively shaping the most important debate of our time. Login or register to get started.

E•B Clean 100
Choose a different index from the list below.

EBoom Wind Subindex
Choose a different index from the list below.

EBoom Solar Subindex
Choose a different index from the list below.

EBoom Efficiency Subindex
Choose a different index from the list below.

EBoom Biofuel Subindex
Choose a different index from the list below.

energyboom newsletter

Find out more about EnergyBoom's newsletters

Daily Briefing

Trending Story

join energyboom follow @energyboom subscribe to daily news

Technology Channels

Technologies

Solar, Wind, Biofuels, Geothermal, Efficiency, Transportation, Nuclear, Oil, Natural Gas, Coal, Emerging, Policy, Finance

Contributors

A Siegel, Alan Anderson, Alison Pruitt, Bill DiBenedetto, Brendan Demelle, Chris Briggs, Dennis Markatos-Soriano, eBoom Contributor, Emily Gertz, Emily Murgatroyd, energyNOW, faithfernandez, Farron Cousins, Guest, Harry Tournemille, Helga Lewenberg, Jace Shoemaker-Galloway, James Glave, Jason Karpf, Jeanne Roberts, Jeff, Jeff Swofford, Jennifer Gorton, Jeremy Jacquot, Jesse Hirsh, Jim Pierobon, John Brian Shannon, Joseph Baker, Justin Guay, Karin Kloosterman, Katerva, Kert Davies, Kevin Grandia, Leslie Berliant, Leslie Blodgett, Margery Moore, Mariella Moon, Mark Starr, Meribeth Deen, Mike Casey, Mindy Lubber, Mitchell Anderson, Nathanael Baker, Padma Nagappan, Paul Chefurka, Powering a Nation, Robert Gluck, Roberta Staley, Sam, Shannon Roxborough, Stacy Clark, Terry McDonald, tjcafferkey, Tom Rooney, Tyler Hamilton, Wayne Clouster, Zaher Karp

eBoom Finance

eBoom Finance is our dedicated new energy financial news website. If your main concern is investing, this is the site for you. You can also sign up for the eBoom Finance newsletter.

eBoom Learning Center

Do you want to learn more about renewable energy but don’t know where to start? Our interactive learning center provides a comprehensive overview so that you can quickly gain a basic understanding of the major renewable energy technologies and concepts.

iReporter

Want to be an EnergyBoom blogger? Join up, add value through comments, ratings, links and more and you'll accumulate user points. Get enough and we'll contact you about becoming a regular EnergyBoom contributor.

EnergyBoom Newsletter