Energy major exploring sale of North Sea business as part of portfolio restructuring
“Ben Monaghan is leaving PJT Partners to become head of M&A at BP, effective in 2027.”
“BP is seeking to sell Archaea, which captures and sells gas from landfills and dairy farms, four years after buying it for $4.1 billion.”
“It's all part of a strategic reset by new CEO Meg O'Neill, including a retreat from the climate transition plan BP launched in 2020.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.