BP Buying Leading RNG Production Group in $4.1 Billion Deal

Credit to Author: Darrell Proctor| Date: Mon, 17 Oct 2022 15:14:25 +0000

British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of renewable natural gas (RNG). BP on Oct. 17 said it was buying Houston, Texas-based Archaea Energy for $3.3 billion in cash, or $26 a share, along with $800 million for […]

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