BP admits windfall tax will not affect its North Sea investments after all - The Guardian

Executive tells MPs new clarity on levy’s December 2025 end date means it no longer needs to review investments

BP has said that the windfall tax on oil and gas operators will not affect its investments in the North Sea, despite warning on the fallout from the new levy. The former chancellor, Rishi Sunak, ann… [+2667 chars]

full article...