LSE:BP.Oil and Gas
BP (LSE:BP) Plans Japanese Offshore Wind Exit As Meg O'Neill Reshapes Renewables
BP is preparing to exit a Japanese offshore wind project that sits outside its main renewables joint venture.
The move involves efforts to sell its stake and reflects a reshaping of its low carbon portfolio under new CEO Meg O'Neill.
This potential withdrawal adds a fresh angle to BP's energy transition story and its balance between renewables and fossil fuels.
BP (LSE:BP) enters this shift with its shares at around £4.913 and a mixed recent track record, up 7.8% over the past week but down...