(Alliance News) - The UK government has announced plans to end the windfall tax on oil and gas profits in 2030 as it launches a consultation on the future of the North Sea energy sector.

Bank of England warns of ‘substantial’ risks to UK from Trump tariffs The governor of the Bank of England has said recent US trade policy poses ...

So clearly the EPL is not just taxing windfall profits, it's taxing all of our profit," Cook said on a media call. Britain plans to overhaul the windfall tax regime on oil and gas producers once ...

Harbour Energy's shares tumbled as the U.K.'s energy profit levy continued to drag on its results, resulting in the oil-and-gas producer swinging to a loss for 2024. In mid morning trade, shares were ...

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

Harbour Energy swung to an annual loss in 2024 as the U.K.'s windfall tax for energy companies wiped out most of its pre-tax ...

Harbour Energy shares slumped more than eleven per cent on Thursday after the North Sea producer swung to an annual loss.

Harbour Energy swung to an annual loss in 2024 as the UK's windfall tax for energy companies wiped out most of its pre-tax earnings, the company said on Thursday.

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 ...