Windfall ‘has long gone’ Serica boss says as earnings fall
Lower commodity prices left Serica Energy’s earnings lower in 2023 compared to the previous year, prompting the firm's chairman to hit out at the windfall tax.
Lower commodity prices left Serica Energy’s earnings lower in 2023 compared to the previous year, prompting the firm's chairman to hit out at the windfall tax.
With earnings before tax up 21% year-on-year chairman and chief executive of Baker Hughes, Lorenzo Simonelli, said "2024 has gotten off to a good start”.
The Scottish Government has said it will work with SSE Renewables to progress its major 4.1GW Berwick Bank offshore wind farm after it missed a crucial deadline due to slow consenting.
The UK risks wasting its "naturally advantageous position" on CO2 transport, according to one analyst.
Parts of the Curlew FPSO are being recycled and reused for a new project in Norway’s capital.
“I’m inviting all European oil and gas companies to relocate to America."