One of the UK’s leading transport groups, National Express said today it had pulled the plug on a biofuels trial, amid fears that the “green” energy may be damaging the environment.

Oil giant BP unveiled its second biofuel venture of the week today as it pledged to invest in the production of more sustainable biodiesel.

The FTSE 100 Index closed above the 6000 threshold for the first time since May today buoyed by record levels in the US.

A leading biodiesel producer celebrated a milestone today with a major deal to supply green fuel to the UK’s largest independent refiner of crude oil.

A UK producer of green fuel from a seed traditionally used as a laxative looked to a bright future today as oil prices remained close to record highs.