Jeremy Hunt has disclosed strategies aimed at easing the Government’s windfall tax on oil and gas companies, following alerts about a potential large-scale job loss in the North Sea.
Jeremy Hunt has disclosed strategies aimed at easing the Government’s windfall tax on oil and gas companies, following alerts about a potential large-scale job loss in the North Sea.
The windfall tax was bad enough. Labour’s plan to stop all new investment is economic insanity on an unprecedented scale. My thoughts below
As Labour waits in the wings, the fate of Britain’s fossil fuel resources remains uncertain.
Labour’s prospective government, led by Sir Keir Starmer, is reportedly set to obstruct any forthcoming oil and gas advancements in the North Sea, as revealed in a recent report.
A former SNP chief executive has been detained in connection with an inquiry into funding.
Oil and gas operators in the North Sea have been cautioned about the possibility of an overwhelming wave of industrial turmoil after workers voted in favour of a strike over
As a result of the restarting of US exports from America’s second-largest liquefied natural gasoline terminal, gas prices in Europe fell to levels not seen since September 2021.
European natural gas fell for the fifth consecutive day. The weather is expected to improve and there are more chances that the US will reopen an old export terminal.
Friday’s oil settlement was $1/barrel. This is a result of China’s economic prospects improving, which boosted fuel demand in China’s second-largest economy.
Sir Keir Starmer has pledged to stop investing in new British oil and gas fields if Labour wins the next election.
It has been claimed that delays to a government plan to deal with national emergencies have made the UK more susceptible to blackouts in winter.