• Contact
Friday, August 29, 2025
Register
Login
European Press
Advertisement
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video
No Result
View All Result
European Press
No Result
View All Result

PM urged to review North Sea oil policy after Trump calls it UK’s ‘treasure chest’

1 August 2025
in Business
Reading Time: 3 mins read
A A
PM urged to review North Sea oil policy after Trump calls it UK’s ‘treasure chest’
ShareShareShareShareShare

Shadow Scottish secretary Andrew Bowie has called for an urgent policy review on North Sea oil and gas, following comments by former US President Donald Trump describing the region as “a treasure chest for the United Kingdom”.

Trump’s remarks—made during a visit to Scotland earlier this week—criticised the UK’s windfall tax on fossil fuel profits and claimed high taxes on oil and gas firms “make no sense”. He argued that the UK government is effectively telling drillers and energy companies that “we don’t want you”.

The Conservative MP for West Aberdeenshire and Kincardine has now written to Prime Minister Sir Keir Starmer requesting a meeting in Downing Street to reconsider current energy policies and engage with industry leaders, supply chain firms, and local workers to agree on a “coherent and sustainable path forward”.

In his letter, Bowie cited Trump’s calls to “incentivise” domestic oil production and warned that Labour’s decision to retain the energy profits levy (EPL)—first introduced by the previous Conservative government in 2022—has contributed to industry uncertainty.

Support authors and subscribe to content

This is premium stuff. Subscribe to read the entire article.

Login if you have purchased

Subscribe

Gain access to all our Premium contents.
More than 100+ articles.
Subscribe Now

Related Posts:

  • PM urged to review North Sea oil policy after Trump calls it UK’s ‘treasure chest’
    PM urged to review North Sea oil policy after Trump…
  • Trump to meet NATO secretary general as plan takes shape for Ukraine weapons sales
    Trump to meet NATO secretary general as plan takes…
  • Trump set to join prestigious presidential roadway honor roll near his beloved Florida estate
    Trump set to join prestigious presidential roadway…
  • PM urged to review North Sea oil policy after Trump calls it UK’s ‘treasure chest’
    Trump threatens 10% tariff on countries aligning with BRICS
ShareTweetSendPinShare
Previous Post

Anneliese Dodds urges Labour to consider wealth tax to plug public finance gap

Next Post

Low-key change to your hands can warn of advanced lung cancer

Next Post
Low-key change to your hands can warn of advanced lung cancer

Low-key change to your hands can warn of advanced lung cancer

Recommended

REVIEW | the mWell Health Ring is a discreet wellness tracker for everyday life

REVIEW | the mWell Health Ring is a discreet wellness tracker for everyday life

3 August 2025
US ambassador Huckabee attends Netanyahu trial to show support from Trump

US ambassador Huckabee attends Netanyahu trial to show support from Trump

30 July 2025
Pangandaman sees 6% GDP growth in second half

Pangandaman sees 6% GDP growth in second half

21 August 2025
BoP position swings to 7 million deficit in July

BoP position swings to $167 million deficit in July

20 August 2025
Can anybody upset Scottie Scheffler at East Lake?

Can anybody upset Scottie Scheffler at East Lake?

20 August 2025
European Press

European-press.com shares the latest news from Europe and around the world. It covers topics such as business, technology, sports, health, entertainment, and lifestyle. Feel free to get in touch with us!

Disclaimer  Privacy Policy – EU  Imprint 

Contact Us

What’s New Here!

  • This generation of Americans want a 4-day work week the most: study
  • Penny Lancaster opens up about ‘abusive’ MasterChef experience with Gregg Wallace
  • UCF fan destroyed by security after running on field during lightning delay
  • Books, literature and scholarships: Exploring education in Qatar | Qatar 365

Subscribe to Our Newsletter

Copyright 2025 © EUROPEAN PRESS All rights on our posts reserved!

Translate »
European Press
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video

Copyright 2025 © EUROPEAN PRESS All rights on our posts reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
×