BP is seeking buyers for its shares in two major carbon capture projects in North East England, including the Net Zero Teesside power project and the Northern Endurance Partnership. This move follows the company's decision to scrap plans for a hydrogen plant in the same region. The shift indicates a strategic move away from certain green energy investments as BP focuses on assets with higher long term value. These CCS projects, currently under construction, are intended to transport and store carbon dioxide under the North Sea and are expected to be operational by 2028.
