Category: Oil and gas companies

Sunak urges banks to keep funding oil and gas firms after windfall tax

Sector says £5bn energy profits levy will make investment in new projects and renewables more difficultRishi Sunak has asked Britain’s biggest banks to keep the money taps flowing to the oil and gas sector after slapping it with a windfall tax.In a bru…

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Shell says windfall tax threatens North Sea oil and gas investment

Firm says Sunak’s levy creates uncertainty and asks for tax relief that covers investment in renewablesShell has said Rishi Sunak’s windfall tax is a threat to investment in North Sea oil and gas as Britain attempts to ramp up domestic energy supplies….

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Shell says windfall tax threatens North Sea oil and gas investment

Firm says Sunak’s levy creates uncertainty and asks for tax relief that covers investment in renewablesShell has said Rishi Sunak’s windfall tax is a threat to investment in North Sea oil and gas as Britain attempts to ramp up domestic energy supplies….

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Sunak’s windfall tax is a ‘sticking plaster’, say climate campaigners

Tax on oil and gas companies described as ‘missed opportunity’ to tackle climate and cost of living crisesThe windfall tax is only a “sticking plaster” to provide temporary relief on energy bills that does nothing to improve the UK’s leaky homes, and e…

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Sunak’s windfall tax is a ‘sticking plaster’, say climate campaigners

Tax on oil and gas companies described as ‘missed opportunity’ to tackle climate and cost of living crisesThe windfall tax is only a “sticking plaster” to provide temporary relief on energy bills that does nothing to improve the UK’s leaky homes, and e…

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Climate chaos certain if oil and gas mega-projects go ahead, warns IEA chief

Fatih Birol says ‘carbon bombs’, revealed in Guardian investigation, will not solve global energy crisisThe world’s leading energy economist has warned against investing in large new oil and gas developments, which would have little impact on the curre…

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The west can cut its energy dependency on Russia and be greener | Jeffrey Frankel

The Ukraine war has focused minds on win-win policies from ending coal and oil subsidies to raising petrol taxes on petrolRussia’s invasion of Ukraine has amplified the importance of national-security considerations in western countries’ energy policie…

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Minister rules out energy rationing in UK despite Ukraine crisis

Grant Shapps says invasion is ‘wake-up call’ but onshore wind plan seems to have been scaled downA cabinet minister has rejected calls for the UK to consider rationing energy, as a plan to drastically increase onshore wind power also appeared to be sig…

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Keir Starmer says PM’s ‘failed energy policy’ is causing bills to rocket

Labour leader calls for investment in nuclear, renewables and insulation to cut reliance on Russian oil and gasKeir Starmer has accused Boris Johnson of presiding over a “failed energy policy” that is resulting in rocketing bills, as he called for the …

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Keir Starmer says PM’s ‘failed energy policy’ is causing bills to rocket

Labour leader calls for investment in nuclear, renewables and insulation to cut reliance on Russian oil and gasKeir Starmer has accused Boris Johnson of presiding over a “failed energy policy” that is resulting in rocketing bills, as he called for the …

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