Royal Dutch
Shell and Virent Energy Systems inc. formed a five-year partnership to produce
a gasoline alternative from plant sugars that won't impact food prices or need
modified gasoline engines. The deal follows a larger trend of oil companies
investing in biofuel research. BP
is working with several universities, such as University
of California at Berkley
and Arizona State University,
to transform low-carbon feedstocks into biofuels. Chevron
has partnered with Weyerhaeuser Co., a paper and wood business, to form
Catchlight Energy to explore converting nonfood substances into biofuels.