Europe1 month agoOil Producers Negotiate Ending Windfall Tax with UK GovernmentThe UK Treasury is considering scrapping a windfall tax on North Sea oil and gas following persistent pushback from producers,…
Europe1 month agoUK ministers ‘in talks’ over early end to windfall taxThe UK government is said to be weighing an early end to the controversial Energy Profits Levy (EPL) or windfall…
Regional4 months agoUK oil and gas sector set to lose $66bn over decision to retain windfall taxThe UK government has announced during its presentation of the budget that the windfall tax, introduced in 2022, would remain…
Regional5 months agoNorth Sea oil and gas will be ‘taxed to death within five years’, despite drilling climbdownThe Chancellor was given a plan to reform the windfall tax, creating 160,000 jobs and raising £10bn in taxes… and…
Regional5 months agoUK Keeps Oil and Gas Windfall Tax in Blow to Industry, OBR SaysThe UK government will stick with a controversial windfall tax for North Sea oil and gas producers until the end…
Regional5 months agoUK’s Reeves looks at early scrapping of windfall tax on oil and gas sector, FT reportsBritain’s finance minister, Rachel Reeves, could scrap a windfall tax on the country’s oil and gas industry a year earlier…
Regional6 months agoBreaking news: Treasury weighing early end to windfall taxThe Treasury is considering scrapping the oil and gas windfall tax as early as next year in a move aimed…
Regional6 months agoJOB FEARS Scotland’s oil & gas industry being ‘demolished’ as stark jobs warning issuedCommittee members also blasted the windfall tax on oil and gas energy profits North Sea oil and gas jobs are…
Regional8 months agoChancellor defies critics and insists North Sea windfall tax is ‘fair’Rachel Reeves has claimed the windfall tax on North Sea oil and gas firms “remains fair” as she ignored growing…
Regional8 months agoRachel Reeves told to axe North Sea windfall tax as she claims billions in investment ahead of Scotland visitThe UK government is backing Scotland with billions in investment to grow the economy and create jobs, the Chancellor has…
