MPs from across the political spectrum are warning that the UK's windfall tax on oil and gas profits is tipping the North Sea ...

UK North Sea oil and gas endured its toughest year in decades in 2025, with investment pulled back sharply and offshore ...

Harbour Energy Plc, one of the largest independent oil and gas firms in the UK, expects to cut another 100 jobs after the government decided to keep a windfall tax on North Sea producers. The Labour ...

In this paper, we calculate the excess profits of energy and fossil fuel companies in the EU during the energy crisis on 2022-2023. A windfall tax on these profits was adopted, which we find could ...

Labour's extension of the windfall tax on oil and gas companies to the end of the decade 'risks accelerating the industry's ...

The current is at work once more, this time as the industry faces deep difficulties. Complaints from north of the border—most ...