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‘We have not delivered’: BP offloads US biogas business days after North Sea exit
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NEWSDECK ANALYSIS
BP's decision to offload its US biogas business is part of a broader strategy to streamline its operations and focus on core activities. The company has been under pressure to adapt to changing energy market conditions and meet its own targets for reducing carbon emissions. By shedding non-core assets, BP aims to improve its financial performance and achieve its long-term goals.
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‘We have not delivered’: BP offloads US biogas business days after North Sea exit
BP has announced that it will offload its US biogas business just days after confirming its exit from the North Sea, as the firm looks to shift its focus back to core oil and gas products. The London-listed oil giant has previously told investors it planned to market assets across its operating regions as part [...]
4 Aug, 06:54
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