What Burnham could learn from BP’s pragmatismPic: Andrew Milligan/PA WireIn 2020, BP unveiled a “major, necessary step in support of our purpose to reimagine energy for people and our planet.” Adding, for the avoidance of doubt: “We produce oil and gas, trade energy, and make, ship and sell energy products.” Last week the energy giant announced it was pulling out of the North Sea, citing unpredictable “fiscal regime changes” that undermine confidence and stability. Thanks to high taxes and regulation, the North Sea simply isn’t competitive. She told the media yesterday that certain investments in green energy simply hadn’t “delivered the returns that we expect”.