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BP announces $100 mn Upstream Carbon Fund
March 27, 2019

BP announces $100 mn Upstream Carbon Fund

$100 million has been committed by the energy giant BP for the funding of new greenhouse gas (GHG) emission reduction projects. The firm has informed that this Upstream Carbon Fund will help in reducing emission in its upstream oil and gas operations. BP's Upstream Chief Executive said, "A year ago we challenged everyone at BP to reduce emissions in our operations and they have responded overwhelmingly".

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