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PHOTO: SUSANNE RETKA SCHILL, BBI INTERNATIONAL

July 22, 2015

BY Susanne Retka Schill

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bp announces plans to sell biogas company Archaea Energy

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By Erin Krueger

14 hours ago

Biogas Business 

bp on Aug. 4 announced plans to sell Archaea Energy, it’s U.S.-based biogas business less than four years after acquiring the company. The planned sale is part of a larger effort at bp to simplify and strengthen the company’s portfolio.

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Marathon Petroleum Corp. released second quarter financial results on Aug. 4, reporting significantly improved performance for its renewable diesel segment on stronger margins, higher throughputs and improved regulatory credit values.

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OPAL Fuels on July 30 announced that it is building a new fueling station in the City of Dinuba, California, and will own and maintain the station through a long-term agreement with the city and its partners that provide municipal services.

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Argus has launched sustainable aviation fuel (SAF) emissions reduction indexes (ERIs), enabling aviation market participants to compare SAF economics with compliance and voluntary carbon market obligations.

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The U.S. EPA on Aug. 3 issued decisions on six small refinery exemption (SRE) petitions for RFS compliance years 2023 and 2024. The agency granted one full exemption, two partial 50% exemptions, and declared three petitions as ineligible.

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