Tuesday, 18 October 2022 00:02
UK major BP agrees to acquire Texas-based gas-from-waste company Archaea Energy for over $4Bln
UK major BP has agreed to acquire Archaea Energy of Houston in Texas for $4.1 billion, comprising $3.3Bln in cash as well as around $800 million of net debt, to increase its presence in the bio-natural gas fuel sector.
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