Oil and gas earnings down 38% at Star Energy
The oil and gas company, Star Energy, said this week it was under increasing strain in a challenging operating environment.
The oil and gas company, Star Energy, said this week it was under increasing strain in a challenging operating environment.
The UK’s first female chancellor, Rachel Reeves, confirmed in her budget today that the windfall tax on oil and gas profits will be increased.
Revenue from oil and gas is funding Star Energy’s move to geothermal energy, company accounts have revealed.
The government is proposing no changes to national planning policy for onshore oil and gas.
Lower commodity prices hit Star Energy last year, the company revealed today in annual accounts.
The chancellor, Jeremy Hunt, confirmed today the end date for the windfall tax on oil and gas profits, more formally known as the energy profits levy (EPL).