Oil giant BP closes its corporate risk division after 20 years | TechCrunch0

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• July 16, 2026

BP has had an on-again, off-again relationship with climate technology. Now, it’s definitely “off.” In addition to moving away from clean energy earlier this year, the oil giant announced today that it would sell most of its portfolio of companies (more than 10 companies, according to BP) to Verdane, a Nordic private equity firm. Since