windfall tax


Thursday, August 1, 2024
Offshore oil and gas platform
Energy

North Sea Oil and Gas Producers Say UK Windfall Tax is a ‘Wrecking Ball’

LONDON, Aug 1 (Reuters) – Britain’s decision to increase a windfall tax on oil and gas producers to help pay for its push to grow

August 1, 2024
Total Views: 892

Friday, June 9, 2023
offshore rig
Shipping

Britain to Waive Oil, Gas Windfall Tax if Prices Fall Far Enough

LONDON, June 9 (Reuters) – Britain’s windfall tax on oil and gas producers will not be applied if prices drop below certain levels for

June 9, 2023
Total Views: 722

Thursday, December 29, 2022
offshore oil rig
Offshore

UK Oil Lobby Warns Financing May Dry Up After Windfall Tax

By William Mathis (Bloomberg) — Banks are set to trim billions of pounds in financing for oil and gas producers in the UK’s North Sea after a windfall

December 29, 2022
Total Views: 753

Thursday, November 17, 2022
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

British Renewables Sector Aggrieved by New Windfall Tax

By William Mathis 2(Bloomberg) — Britain’s renewable power industry will sit down with the Treasury on Friday to air grievances over the UK’s

November 17, 2022
Total Views: 1587

Wednesday, November 9, 2022
General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Offshore

UK’s Windfall Tax on Renewables Puts Offshore Wind Farm Investment at Risk

By William Mathis (Bloomberg) — UK offshore wind farm investment will be at risk if any windfall tax imposed on renewable producers is too severe,

November 9, 2022
Total Views: 792