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The initial announcement that the oil company would sponsor primetime coverage was met with a powerful backlash from environmental campaigners.
The environmental protest group has said it wants to highlight the role of the City of London in financing fossil fuels around the world.
Climate campaigners are set to descend on the City of London for two weeks, starting on Monday.
If built, the plastics plant would pump air pollutants into surrounding communities and contribute more to climate change than three coal power plants. Corps announcement deals significant blow to project's backers.
"The alarm bells are deafening, and the evidence is irrefutable: greenhouse gas emissions from fossil fuel burning and deforestation are choking our planet and putting billions of people at immediate risk."
Campaign group Culture Unstained argues the museum has adopted the oil industryโs tactics of โdeflect and deny.โ
Scottish climate activists gathered this weekend for their first "climate camp" in a decade to campaign against Scotlandโs third largest polluter.
Local residents have been raising concerns about the impacts of the petrochemical complex, ranked Scotland's third biggest emitter, for years.
Campaigners have said they will appeal the decision and believe the government's plans are "more at risk of being cut back this autumn than ever".
Protesters in Parliament Square this morning said the government was failing to show enough leadership in the run-up to the UN summit, due to start in Glasgow in 100 days.
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