bp Completes Acquisition of Archaea Energy
At the end of December 2022 bp announced it had completed its purchase of Archaea Energy, a leading provider of renewable natural gas (RNG). The oil giant said this marked a milestone in the growth of bp’s strategic bioenergy business.
“We see enormous opportunity to grow our bioenergy business by bringing Archaea fully into bp,” said Dave Lawler, chairman and president bp America. “The talent, expertise and passion of their team has let them achieve incredible growth so far, and we're excited to support the next chapter in line with our strategy.”