How much tax do oil and gas producers pay?

Big oil companies made their record profits even after paying billions to governments around the world.

BP and Shell are in a complicated position because they are headquartered in the UK but produce a relatively small amount of oil and gas in UK waters. They make most of their profits from activities around the world.

Shell paid $134m (£110m) tax on its UK operations in 2022, out of a worldwide tax bill of $13bn.

BP paid $2.2bn (£1.8bn) in taxes on its UK operations, out of a global tax bill of $15bn.