The Latest Breaking News from British Petroleum

Windfall tax would hit renewables investment, National Grid boss says

John Pettigrew claimed a levy on oil and gas companies could derail efforts to meet climate crisis targets

The Guardian - UK · May 19, 2022

PMQs: Sir Keir Starmer jokes Jacob Rees-Mogg is an 'overgrown prefect'

The North East Somerset MP was the butt of Starmer's jokes as he argues for a windfall tax on oil and gas giants

Bristol Post · May 18, 2022

Labour seeks to increase pressure on Tory MPs with windfall tax Commons vote

BP and Shell reported bumper profits earlier this year as energy prices skyrocketed.

The Independent UK · May 17, 2022

Text and History for Thee but Not for Me?

The Court makes other people follow the text and history, but at least when it comes to certiorari, the justices lose their religion.

Reason · May 13, 2022

Looney’s tune on windfall taxes is unpersuasive

The BP chief executive calls the proposed levy ‘unpredictable’ but it is also thoroughly affordable

The Guardian - UK · May 12, 2022

Energy prices: what is a windfall tax and how would it work?

All you need to know about a possible one-off levy on North Sea energy profits

The Guardian - UK · May 12, 2022

‘Greed and fear’: How BP and Shell oil profit is boosted by own traders

Analysis: Turmoil resulting from pandemic and Ukraine war create ideal conditions for speculators

The Guardian - UK · May 12, 2022

Boris Johnson says windfall tax ‘not the right thing’ but refuses to rule out U-turn

The prime minister claimed ‘these kinds of taxes’ deterred investment, contrary to BP boss saying it would not

The Guardian - UK · May 12, 2022

Boris Johnson hints at windfall tax on oil and gas giants - 'we'll have to look at it'

Brits are being clobbered by rising energy bills while firms rake in huge earnings - with senior Tory MP Robert Halfon describing oil bosses as the 'new oligarchs'

Daily Mirror · May 12, 2022

Windfall tax for gas and oil giants ‘back on the table’ to help ease cost of living crisis

Chancellor said to be considering plans for windfall tax on gas and oil giants

The Independent UK · May 11, 2022