BP's decision to sell its North Sea oil business underlines concerns over British energy policy and its impact on investment and jobs.
BP’s decision to sell its North Sea oil business underlines concerns over British energy policy and its impact on investment and jobs . PULSE POINTS WHAT HAPPENED: BP has announced plans to sell its North Sea oil business, which includes five production hubs and employs approximately 1,100 people. The company stated this decision aligns with its broader strategy to streamline operations and focus on higher-value opportunities, against a backdrop of punitive climate regulations and windfall taxes on the sector imposed the incumbent Labour and prior Conservative governments. DETAIL: BP’s North Sea assets, including Glen Lyon, Clair, and Clair Ridge, have been central to the British energy system for decades. However, political…Open
President Trump hijacked NATO's annual summit within hours of touching down in Turkey, threatening allies and declaring the Iran ceasefire "over" as Washington and Tehran lurched toward renewed war. The big picture: The carefully choreographed Ankara summit unraveled into the Trump show, with the agenda quickly overtaken by the president's grudge against allies who sat out the Iran war. Driving the news: On his quick trip to Turkey, Trump opened new wounds and rubbed salt in others by: - Threatening to cut off all trade with Spain, calling the country "hopeless" for refusing to let the U.S. use its military bases to strike Iran. - Deeming talks with Tehran a "waste of time" and suggesting the U.S. could take out "every single bridge…
The far-left Deputy Mayor of Paris has blamed the United States for the heatwave affecting France and wider Europe.
The socialist Deputy Mayor of Paris has publicly attacked the United States, blaming the country for causing the deadly heatwave that hit Europe last week, resulting in over 1,000 excess deaths . PULSE POINTS WHAT HAPPENED: The far-left Deputy Mayor of Paris has blamed the United States for the heatwave affecting France and Europe more broadly. KEY QUOTE: “As the second-largest emitter of greenhouse gas emissions in the world, you bear a significant amount of responsibility for global warming and the consequences we, in France, are experiencing.” – Audrey Pulvar , Paris Deputy Mayor. DETAIL: Paris Deputy Mayor Audrey Pulvar has publicly blamed the United States for contributing to the deadly heatwave affecting France and wider…Open
