BP to Sell Stakes in Net Zero Teesside and Northern Endurance Carbon Capture Projects
yorkshirepost.co.ukBP has announced plans to sell a portion of its equity in two major carbon capture and storage initiatives: Net Zero Teesside (NZT) and the Northern Endurance Partnership (NEP). The company intends to bring in new partners to these projects located near the Yorkshire border. This move signals a shift in BP's approach to its carbon capture portfolio as it seeks to diversify ownership and potentially reduce its direct financial exposure in these large scale industrial decarbonization schemes.