BP’s chief executive says the UK North Sea is no longer “competitive” and has called for changes to government taxation on oil and gas. In comments reported by Daily Mail/Mail Online, BP argues that windfall taxes do not support investment in the North Sea sector and urges Andy Burnham to scrap or revise the windfall tax approach. The report links BP’s assessment to the wider debate over how the UK balances energy security, profitability and future investment in domestic production. While BP’s position focuses on competitiveness and the impact of taxes, the coverage also reflects political discussion around windfall levies and how revenues should be used. The sources present BP’s remarks as a direct appeal to the Labour mayor of Greater Manchester, Andy Burnham, to abandon the windfall tax policy affecting the industry. No additional figures, policy details, or supporting evidence are included in the provided summaries.
BP says UK North Sea is no longer competitive, urges windfall tax changes
BP’s chief executive says the UK North Sea is no longer “competitive” and has called for changes to government taxation on oil and gas. In comments reported by Daily Mail/Mail Online, BP argues that w...
- BP’s chief executive says the UK North Sea is no longer “competitive.”
- BP urges Andy Burnham to scrap or change windfall taxes on oil and gas.
- The reports frame BP’s comments as related to competitiveness and investment conditions.
- The statements come amid broader public debate over windfall levies in the UK energy sector.
The boss of BP has said the North Sea is no longer 'competitive' as she urged Andy Burnham to scrap windfall taxes on the oil and gas industry.
2 hours agoThe boss of BP has said the North Sea is no longer 'competitive' as she urged Andy Burnham to scrap windfall taxes on the oil and gas industry.
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