Gilvary Blasts Labour's North Sea Policies

Brian Gilvary, former BP finance chief and head of Ineos Energy, criticizes the Labour governments North Sea policies, labeling them as ideological political vandalism. He warns that the tax and license bans are pushing investment away, leading to zero new wells drilled in the British North Sea last year. Gilvary argues that these policies risk gutting the skills, supply chains, and cash needed for the shift to clean energy and could lead to Britains growing import reliance, exposing it to global tensions and energy price fluctuations. He calls for a smarter path: speed up the green transition without killing domestic production under strict rules. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0de48b94853df35e