BP puts £3bn US biogas business up for sale: Energy giant continues to dump green assets as oil profits surge

The US business, called Archaea, specialises in capturing methane gas emitted from landfill sites which is then converted into renewable natural gas.

Revenue is soaring, yet hyperscalers say they still cannot build capacity fast enough

BP to Sell U.S. Biogas Unit as Oil Profits Surge  WSJ

Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.

A leap in profits at BP on the back of the Middle East war has prompted fresh criticism of oil giants, as households continue to face rising energy bills

Chief executive says UK oil major has had several approaches for its North Sea assets

Clarkson said that its performance had been 'accentuated by turbulence' caused by the war in the Middle East. Profits rose 56 per cent to £61.5million over the six months to 30 June.

SHELL has agreed to sell its European onshore renewables business to TotalEnergies. The FTSE 100 energy giants said the deal will include assets in the UK, Italy, the Netherlands and Spain. Under boss Wael Sawan, the group has scaled back its investment in low-carbon and renewable energy. Machteld de Haan, president fo

Its net income rose 81% from a year earlier to ¥56.4 billion ($360 million) in the quarter ended June 30, the highest since the April-June quarter of 2013.