ALEX BRUMMER: BP selling up in the North Sea is a bleak verdict on our nation’s decline

BP’s decision to quit North Sea oil exploration and production after six decades is testament to the betrayal of Britain’s energy security by successive governments.

No company is more associated with British oil and gas extraction, refining and the nation’s forecourts than what used to be called British Petroleum.

Yet the UK’s mad dash for ‘green’ energy and the Treasury’s constant chopping and changing of taxes on oil giants has seen two of the nation’s biggest beasts, Shell and BP, quit the region in the past two years.

Ill-conceived government policies are similarly destroying Aberdeen as one of the great centres of energy

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