Energy group warns of economic hit from tax changes
A leading energy trade body warns that a stronger Energy Profits Levy could lead to a £13…
Tag: Energy Profits Levy
UK oil giant hits pause
NEO Energy is slowing down its investment plans due to uncertainty around government…
UK energy bosses grill government over windfall tax
UK Treasury officials and offshore energy leaders met to discuss concerns over the Energy…
‘Energy levy revamp to balance investment’
Energy experts are advising companies and investors to explore the new opportunities from the…
Government raises Energy Profits Levy
The Chancellor has confirmed that the tax on the extraordinary profits of oil and gas companies…
UK extends energy windfall tax
Chancellor Jeremy Hunt has announced the extension of the Energy Profits Levy on profits from…
‘Carbon tax could have netted £23bn for UK’
The government has been urged to tax major polluters, reallocate £3.35 billion from North Sea…
North Sea producer slashes UK output due to windfall tax impact
Ithaca Energy, a North Sea oil and gas producer, is reducing UK production due to an unforeseen…
UK introduces price floor to North Sea windfall tax
The government has confirmed that the Energy Profits Levy will continue with a 75% tax rate on…
INEOS boss: North Sea energy faces ‘death by tax’
Sir Jim Ratcliffe has expressed concerns over the UK government's windfall tax on North…
