EU Green-lights New BP, Corteva JV

07:16 AM EST, 12/04/2025 (MT Newswires) -- The European Commission cleared the launch of a joint venture between British oil major BP (BP.L) and US-based agriculture company Corteva. The new venture mainly produces and supplies seeds, oilseeds, crude vegetable oil, and sustainable aviation fuel, according to a Thursday release. The commission said the transaction would not raise competition concerns.