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Tag: North Sea oil producers

North Sea energy firms look beyond U.K. after tax squeeze

Posted on May 21, 2024 By admin
North Sea energy firms look beyond U.K. after tax squeeze

Stifel projects that the UK’s oil and gas output would halve by 2030. File | Photo Credit: Reuters North Sea oil and gas producers are merging and shifting overseas as Britain’s windfall tax slashes profits and as the Opposition Labour Party threatens more tax if it wins the next general election. The change of strategy…

Read More “North Sea energy firms look beyond U.K. after tax squeeze” »

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