BP plans to sell shares in flagship carbon projects as it pulls back from green agenda
Oil firm seeks to reduce stake in carbon capture and storage projects in north-east of England after schemes fail to win over shareholders
TL;DR
- BP plans to reduce its stake in carbon capture and storage projects.
- The projects are located in the north-east of England.
- Shareholders have not been won over by these schemes.
- The oil firm is considering pulling back from these green initiatives.