RIO

By Jaime Llinares Taboada

BP PLC and Rio Tinto PLC have agreed to work together on a one-year biofuel trial to curb emissions from Rio Tinto's marine fleet, the British oil-and-gas major said Monday.

BP will supply Rio Tinto with marine biofuel to be trialed on the mining company's RTM Tasman vessel on a mix of trans-Atlantic and Atlantic-Pacific routes, BP said.

This will be one of the longest-duration marine biofuel trials to date, BP said.

This agreement follows a successful journey on the same vessel after it refueled with biofuel in Rotterdam, the Netherlands, in March 2022. BP said this biofuel can reduce carbon emissions by up to 26% compared with standard marine fuel oil.

"A longer-duration trial will provide important information on the potential role and wide scale use of biofuels, and aligns with our goals to reduce marine emissions across our value chain and support efforts to decarbonize the maritime industry," Laure Baratgin, head of commercial operations at Rio Tinto, said.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

May 23, 2022 04:01 ET (08:01 GMT)

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