Tories to vote against windfall tax changes
Conservative ministers are expected to vote against changes to the energy profits levy (EPL) today, a tax first introduced by the Tory party, a spokesman has said.
Autumn Budget
Jobs are ‘primary concern’ of Decom Mission boss following budget
Following the first budget of the Labour Party’s premiership, saving jobs and retaining skills within the sector are the core concerns of Decom Mission’s Sam Long.
Post Budget stroll offers clarity
Reeves' Autumn budget was "not the apocalypse" for oil and gas as Labour laid out energy transition plans, writes Brian Wilson.
Kwarteng questions if windfall tax will end
Former Chancellor Kwasi Kwarteng has raised doubts following Wednesday’s Autumn Budget as to whether the windfall tax on oil and gas profits will ever end.
‘Torturing’ budget serves as ‘devastating blow’ to oil sector, says BRINDEX
Changes to the energy profits levy brought in under the UK government's budget serve a "devastating blow" to oil firms, the chairman of a body representing independent oil and gas producers has warned,
Labour confirms budget funding for HAR1 green hydrogen projects
The UK Labour government has confirmed £2 billion of funding for 11 green hydrogen projects in its Autumn Budget.
‘Super tax’ cannot be justified: Energy firms react to Autumn budget
Labour's budget has brought "a difficult day for the sector" as oil and gas firms face a "super tax", say industry commentators.
Stick or Twist: The North Sea operators who are warning they will leave the UK
Read our compilation of the UK oil and gas firms who wave made their views clear as Labour’s first budget looms.
North Sea investment allowance changes could have greater impact than EPL raise
University of Aberdeen research warns of potential impact from proposed EPL changes, but Treasury says it is "right that the oil and gas sector contributes" to UK energy transition.
Why the EPL is putting both our North Sea industry and climate change goals at risk
The Autumn Budget is a chance for the government to make a bold statement on the energy transition.
‘Uncertainty’: North Sea safety concerns as budget draws near
As the energy sector waits with bated breath for the Labour government’s first budget this month, the head of a leading safety trade body lists “uncertainty” as a major concern for offshore safety.
Windfall tax concern ‘looms large’ over north-east businesses
The windfall tax on the North Sea energy sector remains a key concern for north-east businesses ahead of this month’s budget, according to a survey.
North Sea independents see shares drop on windfall tax announcement
Several independent North Sea producers saw their share prices drop after the chancellor’s windfall tax announcement - lending credence to claims they are harder hit than oil majors by the policy.
Chancellor’s £54bn windfall tax ‘threatens to drive out UK investment’
Electricity generators and North Sea oil firms are to be hit by a £54bn windfall tax under plans unveiled today, which the industry said “threatens to drive investment out of the UK altogether”.
‘No more tax changes after this’: Industry execs with key asks on Autumn Budget windfall tax
With an expected surge in the windfall tax in today's Autumn Budget, North Sea industry executives have set out their key asks for chancellor Jeremy Hunt.
With the Autumn Budget due, a North Sea windfall tax expansion looms
There was once a time when grandiose economic statements were something of a collector’s item.
Industry outrage as government mulls North Sea windfall tax increase to 35%
The UK Government is mulling an increase to the North Sea windfall tax to 35%, Energy Voice understands, in a move which executives said threatens billions of pounds of investment.
Exclusive: North Sea firm urges chancellor for ‘small fields’ windfall tax allowance
A North Sea firm has asked Jeremy Hunt to provide a “small fields allowance” in the windfall tax, reinstating legislation from George Osborne’s era in the Treasury.
UK Treasury predicts £1.4billion boost from North Sea tax receipts as COP26 looms
The UK Treasury has increased its expectations for tax receipts from the North Sea oil and gas sector ahead of the COP26 climate conference.