UK extends energy windfall tax
Chancellor Jeremy Hunt has announced the extension of the Energy Profits Levy on profits from…
Tag: Energy Profits Levy
‘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…
bp beats profit forecasts in first quarter
The energy giant has reported profits of $5 billion for the first quarter
Windfall tax ‘wiped out our profit’, says Harbour Energy
The North Sea's biggest oil and gas producer has said its pre-tax profits rose by almost…
Cutting oil and gas production is not healthy, says new Shell boss
Wael Sawan has said the war in Ukraine has shown the "fragility of the energy system”
“Windfall tax on low carbon power risks deterring investment”
RenewableUK has raised concerns over the higher windfall tax on renewables than on oil and gas
Windfall tax, EV tax and energy efficiency boost to tackle the ‘economic storm’
In his Autumn Statement, the Chancellor confirmed that the cap of the Energy Price Guarantee…
