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Todd Neeley DTN Staff Reporter

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Wednesday 03/10/10

BP Still Ranked Greenest oil Company by Greenopia

BP is rated as the 'greenest' major oil company, according to TreeHugger.com, with Citgo coming in last in Greenopia's top 10. Greenopia is a company that tracks companies' environmental practices, including greenhouse gas emissions.

Sunoco and Hess were ranked second and third, while the third-largest ethanol producer in the U.S., Valero Energy Corp., came in at No. 9.

The oil companies were judged on their environmental reporting, greenhouse gas emissions, production efficiency, production efficiency, oil spill efficiency, pursuit of alternative fuels, and stance on climate change.

Greenopia said BP publishes "one of the best sustainability reports of all the major oil companies."

BP was found to be decreasing its greenhouse gas emissions.

Citgo, however, received the lowest score from Greenopia.

"Citgo had the least complete environmental reporting of any oil company we looked at," according to Greenopia. "We couldn't even track down the total greenhouse gas emissions, something that every other company reports front and center."

(TreeHugger.com, March 10, 2010)

(http://www.treehugger.com/…)

DTN: It is the definition of green that will determine the future of the U.S. ethanol industry. Low-carbon fuel standards that are taking on a regional feel on the East and West coasts may assume that corn-based ethanol produced in the Midwest is done so using coal and natural gas. California's LCFS more severely penalizes corn ethanol from the Midwest based on the assumption that most of those plants won't be using more greenhouse-gas friendly alternatives like biomass. EPA has said it believes corn ethanol is 20-percent greener than gasoline, and makes the assumption that new corn ethanol plants will be greener yet. (Todd Neeley)

Posted at 10:07AM CST 03/10/10 by Todd Neeley

Comments (2)

citgo=hugo chavez=socialism=you dont need to know! dave wiebke

Posted by Unknown at 7:59PM CST 03/10/10

Thanks to the BP oil spill disaster, many businesses like Citgo are having issues getting the financing they need. Citgo wasn't able to raise the money they had intended to raise through their bonds because every person is so uncomfortable right now with the oil industry. I read this here: <a title="Citgo has to take out unsecured loans" href="http://personalmoneystore.com/moneyblog/2010/06/25/citgo-bank-loans-bond-financing/">Citgo has bond sale fail, turns to bank loans</a> They instead had to turn to unsecured loans and asking for a lot less money; combined with selling those bonds. They still are barely scrapping by. This oil spill has caused mass devastation for everyone in ways they might not even realize, not just those living by the Gulf of Mexico and the animals in the ocean; this disaster has spread much further than that.

Posted by Clark Adams at 2:57AM CDT 06/26/10

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Blog Home Pages

	July2010
S	M	T	W	T	F	S
				1 Construction Begins on $25 Million UK Facility for Bioenergy Research European Demand Seen Powering Africa Biofuels Growth U.S. Ethanol Output Down During April SD Gov. Rounds Critical of EPA Delay on Ethanol Ahead of Energy Debate, NCGA Stresses Now is the Time for Ethanol	2 Two Win Fuel in Fourth of July Promotion Oklahome Gas Station Back to Non-Ethanol NCSU Researchers Increase Biofuel Production Effiency Green Process for Fuel Additive Could Help Ethanol Production USDA Produces Short Video on Ethanol, E85	3
4	5	6 Column: 'Ethanol Industry Wants Same Rubber Stamp BP Got' Second-Generation Biofuels Require Grower Education Poet Plans big Investment in Indiana Ethanol Plant What's Worse, Gulf 'Dead Zone' or BP Spill?	7 EPA Said More Work to be Done on E15 Blog: 'New USDA Report Gives Corn Ethanol Benefit of Energy Doubt' Food-Versus-Fuel Critics may be far off Mark Sunoco Began Operations at Upstate New York Ethanol Plant Fiberight to Build Cellulosic Ethanol Demo Plant 1 more...	8 China: 'Fuel Ethanol Production Threatens Food Security' South Dakota Democrats rap State Government on Ethanol Use Iowa Gov. Culver Credits 'bio' Jobs with Buoying Economy Clearfield Ethanol Plant: 'Oil Company Violated Deal'	9 Top Garbage man Explores Renewable Energy Potential Report Calls for More Energy Production in North Dakota Bioenergy Company Wins State Jobs Grant Creditor Continues to pay City Officials to Maintain Water Supply to Kansas Ethanol Plant Denmark's Inbicon Starts Cellulosic Ethanol Production	10
11	12 Aventine Races to Finish Ethanol Plant Racecars run Faster, Cleaner on Ethanol Study Finds Lowland Switchgrass Varieties Outperform Upland New Mobile Biofuels Processor Developed University of Toledo Receives Grant to Study Algae Biofuels 4 more...	13 EPA Considers Slash in Mandate for Cellulosic Ethanol Didion Ethanol to Help Water Quality as Part of Agreement Archer Daniels Midland Inaugurates Nebraska Ethanol Plant Proposed Wisconsin Ethanol Plant Plan Stalls Oakfield Capital Acquires Biofuel Company from BP	14 Group Pushes for E100 Ethanol Exports Down 58 Percent in May Ethanol tax Break may Ride on US Energy Bill Pacific Ethanol Shares Take Hit Ethanol from Waste Means big Dollars 1 more...	15 Greene: 'CBO Report Shows Folly of Corn Ethanol tax Credit' Ethanol Group Backs Phase out of Blenders Credit Ethanol Blamed for Toro Snow Blowers Recall Blog: 'They Need an app for Zero-Ethanol Fuel'	16 Cellulosic Ethanol Industry: BP's Verenium Acquisition a 'Good Move' Ethanol Industry Scrambles to Keep Incentives EPA Still Betting on Cello Energy to Meet Next-gen Biofuel Target Novozymes, Dedini to Produce Cellulosic Ethanol in Brazil	17
18	19 SDSU Researcher Studying Reuse of Ethanol Enzymes Huge Ethanol Refinery Opens in Denmark DOE: Ethanol Blend Wall to Hurt Corn Prices Pipeline Project Gets Boost Livestock, Poultry Sectors Call for End of Ethanol Subsidies	20 BP Acquires Verenium's Cellulosic Biofuels Platform Danisco Sues Novozymes in London Court Over Enzyme Patent U.S. Automakers on Track for More Ethanol Vehicles Study Shows Ethanol Production, Corn Demand Will Grow With or Without Subsidy and Tariff	21 Ethanol Production Restarts at Sunoco Plant Tanzania Expert: Cassava Can Help Beat Poverty Green Plains, BioProcess Algae to Expand Algae Project WSU Works on a Better Jet Fuel House Committee Weighs Cut of 20 Percent in Ethanol Subsidy	22 Dire Warning Issued for Loss of Ethanol Subsidy State Senate Candidates in Minnesota Oppose Ethanol Subsidy Arizona Sees Increase in Ethanol Fuel Violations Ethanol Elevates Kinder Morgan's Second Quarter	23 Ethanol Opponents Form Coalition to Oppose E15 Oil Spill Puts Target on BP's Back FAO Warns Against Jatropha Biofuels Hype Commercial Airlines Hope to get 1 Percent of Fuel from Biofuels by 2015 Glacial Lakes Energy Adds Corn Receiving Station 1 more...	24
25	26 Wall Street Journal: 'Survival of the Fattest' Report: 'Ethanol Pumps $2.5 Billion into Minnesota Economy' Oil Spill Boosts Alabama Ethanol Sales Philippines to Allow Ethanol Imports Biofuels to Help Clean up Chernobyl Land 1 more...	27 Ethanol, Agriculture Groups Push for E12 Has VEETC Really Helped Ethanol Industry? The Economics of US Ethanol Policy Biomass Innovation Park set for Construction Biofuels Firm Raises $110 Million for Biomass Crude Technology	28 Zimbabwe Government to Allow Private Investment in Energy Sector EU Shows Growth in Ethanol Production, Use Blender Pumps Get UL Certified Green Car Passes Test at NSS Groups Rally to Fight Against E15	29 Isolux Corsan: Contract for Colombia Biofuel Facility New Tool for Improving Switchgrass Novomer Awarded $18.4M in Federal Stimulus Funds Alfalfa Joins Feedstock Choices for Ethanol Agriculture to Benefit from E15	30	31

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Isolux Corsan: Contract for Colombia Biofuel Facility

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