BP Bets Big on Biofuel
by Rochelle Toplensky (Wall Street Journal) BP’s BP -0.62%▼ $4.1 billion biofuel deal makes strategic sense, but it comes at a SPAC-tacular price. The British oil-and-gas giant is buying Archaea Energy, LFG -0.79%▼ a leading U.S. producer of so-called renewable natural gas, a greener version of the fuel because