Deltic contemplates Selene stake farm down to reach FID
As the windfall tax bites, Deltic Energy’s new CEO Andrew Nunn explains how his attention is turning overseas.
Energy Profits Levy (EPL) Windfall Tax
OEUK reports on impact of fiscal policy on economic growth
Offshore Energies UK (OEUK) released data in September modelling the impact of the Government’s announced stronger Energy Profits Levy (EPL) on the UK economy. It’s a plan that adds more pressure on the sector over a longer time.
General election: where do the parties stand on oil and gas
The energy industry and the North Sea has loomed ever-larger on the political radar. As parties vie for votes ahead of the UK General election on 4 July, leading industry lawyer Graeme Clubley offers his analysis on the impact on the sector of each group's manifesto policies.
Claire Coutinho: Labour’s energy policy will be ‘triple whammy on UK’
The Conservatives have claimed Labour’s energy policy will be a “triple whammy” for the UK, as they renewed their tax attack on their rivals.
UK vs Norway oil policy ‘a tale of two halves’ says Vysus CEO
Norway and the UK are titans of North Sea oil production, however, policy across the two nations tells a “tale of two halves,” said Vysus CEO Thomas Aas Saethre.
New report finds North Sea ‘could lose 100,000 jobs’ under Labour windfall tax plans
Stifel has raised its estimate after previously saying 100,000 would only be lost in a "worst-case scenario".
Is UK energy policy becoming a political football?
In the past few weeks, the people of Scotland have witnessed just how important energy policy is as the UK looks ahead to a general election.
Deltic struggles with Pensacola farm-out as it blames windfall tax
Deltic Energy (AIM: DELT) has given an update on its Pensacola farm-out process, saying it has struggled to find someone to put up cash amid UK fiscal uncertainty.
Ithaca Energy takes $500m hit on North Sea windfall tax decision
Ithaca Energy said the impairments against the Greater Stella Area came as a "direct result" of the windfall tax.
PwC: Assessing the deals impact of the windfall taxes on oil and gas and renewables
Renewables:Whilst the wider transactions market has slowed down in recent months, transaction activity in the renewables sector has remained very active, particularly with respect to greenfield renewable financing.