Abstract
Philip New-the ex-CEO of BP Biofuels proclaimed in 2007: the emergence of biofuels involves two value chains-agriculture and energy, where both mature industries are connected to new national/regional policy. This has opened various opportunities for developing countries to tie business relationships through BP’s investment into non-food next-generation biofuels (NGB) feedstocks farming. This study reviewed all BP’s NGB development projects undertaken from 2006 until 2016. Secondary data was collected through media, corporate websites/reports and newsletters. Next, the NGB development projects were mapped into a technology roadmap (TRM). From this case study, it is hoped that BP’s pursuance on the NGB development could be referred by other oil companies that would have a similar intention of the NGB developers.
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More From: IOP Conference Series: Earth and Environmental Science
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