The UK's windfall tax knocked the wind out of another oil and gas producer. Harbour Energy Plc said the tax imposed on North Sea producers will impact its activity levels in the country, just a day after a similar warning by Ithaca Energy Plc.
The Maersk Piper, a crude oil tanker operated by AP Moller - Maersk A/S, right, sits at anchor off the coast of Southwold, U.K., on Friday, May 15, 2020. Nine tankers carrying about 5.58 million barrels of North Sea crude that loaded in April are floating off U.K. ports, according to ship-tracking data compiled by Bloomberg. , Bloomberg
Britain’s largest independent North Sea producer said a review of its UK organization is expected to deliver annual savings of about $50 million from 2024 At the end of the third extended offer period, shares corresponding to 33.45% of GAM were tendered, below the 66.67% minimum acceptance levelHays Plc: The recruitment firm raised its core dividend by 5% for the year and paid a special dividend of 2.24 pence per share after reporting better-than-expected pretax profit and operating profit that met expectations.In Westminster
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