TITLE

Oil companies broaden their bases, seek alternative markets

PUB. DATE
April 2008
SOURCE
InTech;Apr2008, Vol. 55 Issue 4, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the establishment of Catchlight Energy LLC through a joint venture between Chevron and Weyerhaeuser with a goal to develop the next generation of renewable transportation fuels from nonfood sources. According to "Dow Jones Newswires, the joint venture will research and develop technology that will be used to convert cellulose-based biomass into economical, low carbon biofuels. According to Chevron, its decision to pursue this strategy was driven by public policy favoring ethanol over gasoline.
ACCESSION #
31935413

 

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