The decision follows a review of BP's operations and is set to end 60 years of production in the region by the oil giant.
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Live, rolling coverage as British oil company looks for buyer amid political dispute over future drilling licences Aerospace company Melrose Industries has paused its share buybacks as it waits for potential legal and regulatory action over a leaking chemical tank in California . The company’s G...
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Move, which will end six decades of production in area, comes as new CEO tries to simplify firm and cut debt Business live – latest updates BP has put its North Sea oil and gas business up for sale, as it looks to end six decades of production from the region. The oil major announced on Friday m...