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 ...

New CEO Meg O’Neill stepped up efforts to streamline the business and rebuild investor confidence after years of underperformance.

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 ...

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

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.

Meg O’Neill is refocusing BP on profitable oil and gas assets while urging Britain to prioritize domestic North Sea ...

CEO O’Neill tells investors BP has 'written off too much value', and announced US biogas business also up for sale ...

By Stephanie Kelly and Shadia Nasralla LONDON, Aug 4 (Reuters) - BP's second-quarter profit more than doubled to $5.73 ...

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

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 ...

BP (BP) said Tuesday it plans to sell its US biogas business Archaea after making progress in strengthening its balance sheet and taking steps to simplify the company. "In recent weeks, we sold our ...