The UK government has announced that the windfall tax on profits made by energy firms in the North Sea will end in 2030. The ...

The Conservative Government first introduced a 25% windfall tax in May 2022, following soaring energy prices due to Russia's ...

North Sea oil and gas producers face a fresh windfall tax under plans to ensure British households “share in the profits” of ...

Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on ...

The firm, Well-Safe Solutions based out of Aberdeen, employs around 400 people. It has announced it will downsize its ...

THE Labour Government has launched a consultation on plans to scrap the windfall tax when it comes to an end in 2030.

Oil is declining in the North Sea. What does the future hold for the basin and its communities? We spoke to experts.

The government plans to replace the levy with a new pricing mechanism, aiming to balance oil and gas production with clean ...

British oil and gas drillers could face a new tax regime following the energy crisis, which pegs levies to fluctuations in ...

The industry body for the North Seal’s oil and gas sector said that The windfall tax on profits made by energy firms in the North Sea will end in 2030, the government has announced. British oil ...

Ministers will consult with North Sea businesses, trade unions, workers, green groups and communities over plans for the ...

Britain said on Wednesday it would end the windfall tax on North Sea oil and gas producers in 2030 and consult on a new mechanism for a fiscal response to high energy prices, as it set out plans to ...