CEO of British Petroleum: Windfall tax damages the development of the energy industry

January 23, Jinshi data, Amjad Bseisu, CEO of Enquest, a British oil company, said at the World Economic Forum that unlike the United States, the windfall tax imposed on energy companies in the United States is causing irreversible damage to the energy industry. He said that since the last budget, about six companies have left or decided to leave the UK. Bseisu said that the UK is actually slowing down investment, causing the energy industry to stagnate. He said that despite the company increasing its investment in Asia, the company still believes that listing in London is valuable considering that tax deductions offset the impact of tax increases.