Oil and gas major BP Plc (<a href="https://www.londonstockexchange.com/stock/BP./bp-plc/company-page" target="_blank">LON:BP</a>) confirmed a decision to call off its large-scale HyGreen Teesside project in the North East of England, in line with its “<a href="https://renewablesnow.com/news/bp-to-be-capital-light-in-low-carbon-energy-under-reset-strategy-1271419/" target="_blank">fundamentally reset strategy</a>” to sharpen focus on its core operations.