BP to buy U.S. biogas producer Archaea for $4.1 bln

Financial Post LONDON — BP will buy U.S.-based renewable natural gas (RNG) producer Archaea Energy Inc for about $4.1 billion, the companies said on Monday, as the British energy major seeks to expand its alternative fuels business. The deal will the largest ever RNG acquisition, topping Chevron Corp’s $3.15 billion buyout of biodiesel maker Renewable Energy Group […] more…