July 14, 2006

BP Offers Millions for Biofuel Research

By BEN LEUBSDORF

The energy giant BP announced last month that it would give $500-million to a research university in the United States or Britain over the next 10 years to finance research into biofuels.

BP is talking with "several leading universities" in the United States and Britain to house the BP Energy Biosciences Institute, with the goal of beginning research by the end of 2007, according to a BP news release. The research center will focus on developing new biofuels and improving existing

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