UK companies 'set to go bust': Browne

UK North Sea costs have “gone out of control” and some companies are bound to go bust in the current low price environment, former BP chief executive John Browne has said.

Costs crisis: John Browne says cost cuts essential to save North Sea jobs
Costs crisis: John Browne says cost cuts essential to save North Sea jobs
Published 4 February 2015, 12:20Updated 17 October 2016, 13:14
Europe