The energy major announced it’s marketing Archaea amid a strategic pivot to streamline its business. BP’s $4.1 billion ...

BP said it plans to sell its Archaea US biogas business, which it bought in a $4.1B deal in 2022 during its push into ...

BP has announced that it is putting its United States biogas business up for sale, just three years after buying the unit, known as Archaea Energy, for $4.1 billion.

BP is to sell its Archaea Energy biogas business, it disclosed in Q2 results today. It bought the Houston-based firm for ...

BP said this morning that it's planning to sell Archaea, which captures and sells gas from landfills and dairy farms, just four years after buying it for $4.1 billion. Why it matters: It's a major ...

Houston is the home of BP’s U.S. headquarters and more than 3,500 employees, making it one of the company's largest employee ...

In its earnings statement, CEO Meg O'Neill said BP is taking a fresh look at the business to improve performance, reduce complexity and strengthen areas that generate stronger financial returns, ...

BP plans to sell Archaea Energy after the US biogas operation delivered weaker-than-expected returns. Second-quarter adjusted profit climbed to $5.7 billion as Middle East disruption lifted oil and ...

Its oil-trading unit delivered bumper profits again after conflict in the Middle East continued to drive turbulence in energy ...

Just four years after buying Houston-based Archaea Energy for $4.1 billion, BP is selling the company amid sweeping ...