--BP is pausing the expansion of a biofuels project to make sustainable aviation fuel at its Castellon oil refinery in Spain due to weaker-than-expected growth in the market, Bloomberg reports, citing an unnamed source.
--The British energy company will continue to consider a biofuels expansion at it Rotterdam plant, with the investment decision due by 2027, Bloomberg reports, citing the source.
--A BP representative declined to comment specifically on the Castellon project to Bloomberg. The company however reiterated guidance from February that it might take the final investment decision on one new biofuels plant before 2027, Bloomberg reports.
Full story: https://shorturl.at/UbXDb
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
April 08, 2025 09:08 ET (13:08 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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