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Clean Energy Fuels Corp. announced it finalized a joint venture with BP Products North America Inc., a subsidiary of BP, to develop, own and operate new renewable natural gas projects at dairies and other agriculture facilities.

One week and two deals later, BP Plc has cemented the view that for an oil and gas company to go green, it must sacrifice profits.

LONDON — Energy producer BP announced June 8 that it will slash its global workforce by 10,000 jobs as the COVID-19 pandemic slams the oil and gas industry.

BP Plc will leave three U.S. oil-industry lobby groups due to differences on climate policy, after the company’s new chief pledged to eliminate its greenhouse gas emissions by 2050.

In a world that’s increasingly wary of fossil fuels, BP’s newly appointed CEO Bernard Looney will have to prove the company can keep up with the times.

BP Plc agreed to sell its entire business in Alaska to closely held Hilcorp Energy Co. for $5.6 billion, ending a six-decade presence in the state as oil production there declines.

Oil traded near a two-week high in New York amid signs of a further drop in U.S. stockpiles and ongoing concerns that political friction in the Persian Gulf could disrupt exports.

BP bucked the trend of disappointing oil and gas earnings, beating expectations and increasing its cash flow as higher production offset the effect of lower energy prices.

Both BP Plc and Royal Dutch Shell Plc are claiming the top spot for investor returns within their peer group from 2016 to 2018. That’s an important metric — taking first place was a significant element in the doubling of Shell CEO Ben van Beurden’s pay last year.