Harbour Energy PLC (LSE: HBR) shares rose during early trading on Wednesday following the announcement of new oil discovery in the Mexican coastal waters.
1,350 offshore workers will cause multiple platforms to cease their operations.
A massive pay dispute is expected to result in a tsunami of industrial action against major oil and gas operators such as bp, Shell, and Total. Unite the Union has
Harbour Energy has announced that it will cut 350 onshore jobs in the UK, blaming windfall tax
Harbour Energy, a leading oil and gas company, has announced that it will be cutting 350 onshore jobs in the UK. The company cites the windfall tax as the reason
Workers in the North Sea oil industry have decided to vote on industrial action
A pay dispute among North Sea oil contractors is set to cause significant disruptions, affecting more than 20 oil and gas platforms.
It is anticipated that the UK government will provide windfall tax relief to energy companies
Next week, the UK government is expected to offer windfall tax relief to its oil and gas companies. This move aims to boost investments and enhance the country’s energy security,
Workers in the oil and gas industry in the North Sea have decided to vote to strike
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
Workers employed offshore at Shell and Harbour Energy plan to go on strike over pay.
Unite, the trade union has confirmed that offshore workers in Apache, Shell, and Harbour Energy are preparing to strike imminently due to pay issues.
Windfall tax wipes out North Sea oil giant’s Harbour Energy £2bn profit
Harbour Energy, a major North Sea oil producer, has reported a significant decline in profits as it faced hefty windfall taxes.
The UK’s Supreme Court is set to consider a landmark case regarding sewage in the country’s waterways.
On Monday, one of the UK’s largest privatised water companies will argue in the Supreme Court that it should not be held responsible by private landowners and individuals for sewage
Energy providers prepare for Jeremy Hunt to extend bill support
Jeremy Hunt is expected to extend the government’s energy price guarantee at its current level for three more months, preventing household bills from increasing by an average of £500 from
The oil and gas sector in the UK has raised concerns that the imposition of windfall taxes is discouraging investment in the industry
According to the trade body of the UK oil and gas industry, Offshore Energies UK, companies in the sector are reducing their operations in the North Sea and prioritizing investment
UK Energy bills to rise by £500 under Ofgem price cap
Starting from April, Ofgem is reducing the maximum amount energy suppliers can charge consumers by almost £1,000. The regulator has cut the price cap to £3,280 from the current £4,279