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

A company that once called itself “British Petroleum" may soon have no British production hubs, after BP announces its intention to sell its North Sea business.

BP will sell its North Sea oil division after the government's tax raid on domestic oil, leaving the energy giant without home production.