Cambo fate will be decided in months as Ithaca weighs tax uncertainty
A decision on whether the controversial Cambo field will be sanctioned or delayed is set to be decided in months as bosses weight the impact of North Sea tax policy.
A decision on whether the controversial Cambo field will be sanctioned or delayed is set to be decided in months as bosses weight the impact of North Sea tax policy.
Dolphin Drilling will make its case in the UK’s highest court, which is expected to be heard in 2025.
Jersey Oil and Gas duo warn current polices are threatening energy security and hurting long-term UK economic growth.
When the world’s top gas traders met in late April at a canal-side hotel on the outskirts of Amsterdam, the atmosphere was business-as-usual: coffee, croissants and wrangling over deals for the upcoming winter. Then came news of a leak at Europe’s biggest liquefied natural gas plant, located above the Arctic circle in Norway.
This comes as Bristow pilots are set to begin strike action across the UK today.
Aberdeen South MP Stephen Flynn said the windfall tax on UK oil and gas had been the "right thing to do" but proposals to increase the burden would stymie investment threatening jobs now and in the future.