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Tag: Shell

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…

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Business

Qatar signs 27-year gas deal with Britain’s Shell

Posted on October 18, 2023 By admin
Qatar signs 27-year gas deal with Britain’s Shell

The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver. File | Photo Credit: Reuters Qatar has agreed to supply British firm Shell with natural gas for 27 years, the Gulf emirate’s state-owned energy company announced on October 18. Qatar will supply 3.5 million…

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