Windfall tax blamed as North Sea's biggest oil and gas producer plans job cuts

France Nouvelles Nouvelles

Windfall tax blamed as North Sea's biggest oil and gas producer plans job cuts
France Dernières Nouvelles,France Actualités
  • 📰 SkyNews
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 67%

Harbour Energy goes further in its bitter reaction to the hike in the Energy Profits Levy revealed last November, revealing plans to cut costs in its head office functions.

Despite that, Harbour announced in December that it would review its capital allocation plans and shun an oil and gas licensing round in the North Sea.

The company said at that time that it would focus on growth opportunities within its existing portfolio.Oil and gas giants including Shell and BP suffered tens of billions in losses when the COVID pandemic struck as raw energy prices stood at lows not seen in modern times.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

SkyNews /  🏆 35. in UK

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Energy bills to stay high due to windfall tax and green switch, oil boss claimsEnergy bills to stay high due to windfall tax and green switch, oil boss claimsScots face eye-watering energy bills for years to come due to windfall taxes and the shift to green energy, the boss of one of Europe’s biggest oil companies claimed
Lire la suite »

Dozens of bids to drill new oil and gas fieldsDozens of bids to drill new oil and gas fieldsMore than 100 applications are made for oil and gas exploration licences in the North Sea.
Lire la suite »

Spanish Utility Says Europe's Energy Crisis Isn’t Over Yet | OilPrice.comSpanish Utility Says Europe's Energy Crisis Isn’t Over Yet | OilPrice.comThe energy crisis in Europe isn’t over yet, as only the mild weather has helped the continent avoid gas shortages so far this winter, Ignacio Galan, executive chairman of Spanish energy giant Iberdrola, said on Monday.
Lire la suite »

Total signals $1bn hit from UK windfall tax\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Lire la suite »

Total signals $1bn hit from UK windfall tax\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Lire la suite »

Energy Professionals Predict $87 Oil In 2023 | OilPrice.comEnergy Professionals Predict $87 Oil In 2023 | OilPrice.comOil prices are set to average slightly higher than current levels, at around $90 per barrel, from now through 2027, an annual survey of more than 1,000 energy professionals compiled by Reuters market analyst John Kemp showed.
Lire la suite »



Render Time: 2025-03-04 07:13:32