Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government whether they have held any discussions with BP following reports that the company will fail to meet its climate targets; and what steps they are taking to promote sustainability in oil companies.
My Rt. Hon. Friend the Minister of State met BP on 17th February and discussed its climate targets, including the company’s planned investments in CCUS, hydrogen, wind and electric vehicle charging projects.
The UK promotes sustainability in oil and gas companies. The North Sea Transition Deal is a global exemplar of how a government can work with the offshore oil and gas industry to achieve a managed energy transition.