Former US President Donald Trump has criticised Britain’s windfall tax on North Sea oil and gas producers, describing it as a ...

A French energy giant has shut down a key North Sea hub amid growing concerns over the Government’s windfall tax.

U.S. President-elect Donald Trump on Friday called on Britain to “open up” the North Sea and get rid of “windmills.” ...

US President-elect Donald Trump hit out at the UK’s windfall tax on oil and gas producers in a social media post Friday, ...

North Sea gas production is forecast to plunge faster than ever as windfall taxes and a net zero crackdown by Ed Miliband ...

The North Sea is one of the world's oldest offshore oil and gas basins where production has steadily declined as offshore ...

The government's hiked windfall tax on energy producer profits was said to be part of the company's decision to cease ...

President-elect Donald Trump blasted the United Kingdom’s Energy Profits Levy on Friday after a Texas-based oil firm announced it would prematurely leave the North ... Sea over the so-called ...

Back in October, the UK Government announced it would increase a windfall tax on companies drilling in the North Sea from 35% to 38%. Labour plans to use the revenue from oil and gas taxation to fund ...

Donald Trump has urged Sir Keir Starmer to “open up” the North Sea and “get rid of windmills”, as the president-elect ...

Oil companies have been steadily exiting the North Sea in recent decades with production declining from a peak of 4.4 million ...

Britain's ruling Labour Party said in October last year that it would increase a windfall tax on North Sea oil and gas producers to 38%, up from 35%, and extend the end date of the policy.