BP Acquires Full Control of Bioenergy Venture in Brazil for $1.4 Billion

BP has finalized a deal to purchase Bunge’s 50% stake in the BP Bunge Bioenergia joint venture for $1.4 billion. This acquisition grants BP full control, significantly bolstering its role in the global renewable energy landscape, particularly in biofuels. Set to complete by late 2024, this strategic pivot underlines BP’s enhanced focus on green energy […]