ConocoPhillips Add 'Biocrude' to Biofuels Lexicon

ConocoPhillips said on Thursday 27 September that it and Archer Daniels Midland Company have agreed to collaborate on the development of renewable transportation fuels from biomass – second generation biofuels. The alliance will seek to commercialise the conversion of biomass from crops, wood or switch grass into biocrude as well as the refining of biocrude to produce transportation fuel. More in our energy forum.