"We have a clear strategy for biofuels development, and we believe the industry has a lot of potential for growth," the BP spokeswoman says.
Oil giant committed to put 'significant sums' into biofuels
BP is reported to be planning to invest $5bn-$6bn in ethanol production over the next 10 years.
12 March 2009 23:00 GMT
Updated
25 November 2012 8:59 GMT
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