BP Ventures

Archaea Energy is a developer of renewable natural gas (RNG) in the United States. Founded in 2018 in Canonsburg, Pennsylvania, the company focuses on capturing waste emissions and converting them into low-carbon fuel. It builds, operates, and maintains RNG facilities to supply fuel for industries difficult to electrify. Archaea Energy aims to redefine the RNG industry through a disciplined, sustainable project-development approach and by selling RNG under long-term, fixed-price contracts to creditworthy partners. The business emphasizes cost-efficient manufacturing and scalable deployment of RNG projects to support decarbonization efforts.

Gasrec specializes in providing biomethane and low-emission natural gas to the transportation sector. It designs, constructs, and operates refueling stations for road vehicles using natural gas and biogas, offering both customer-specific and open-access facilities, along with fleet solutions aimed at enhancing economic and emission performance.

Thorntons Inc. is a prominent independent retailer of gasoline and convenience store products, operating gas stations across Illinois, Indiana, Kentucky, Ohio, and Tennessee. Founded in 1971 and headquartered in Louisville, Kentucky, the company was previously known as Thornton Oil Corporation before rebranding in March 2003. Thorntons Inc. is a joint venture between BP p.l.c. and ArcLight Capital Partners, LLC, and has established itself as a significant player in the U.S. market for fuel and convenience items.

Veba Oel AG engages in the exploration and production of crude oil and natural gas, the processing of crude oil and the marketing of the finished products, consisting essentially of motor fuels, heating oils, chemical feedstock and plastics.