Autumn statement sets out tax plans for oil and gas
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).
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).
The government’s autumn statement has been criticised for failing to close loopholes in the windfall tax and for delaying extra spending on home insulation for three years.
Keep up with April 2021’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas. Click here for headlines from previous months. Please let us know if we’ve missed something important contact@DrillOrDrop.com Key headlines Growing opposition to […]
Life must be made difficult for oil and gas companies that increase – or fail to reduce – carbon emissions, Lancashire anti-fracking campaigners have argued.
IGas should not be allowed to dispose of radioactive wastewater in a well at its Singleton oil site in the South Downs, campaigners have argued.
The government is being urged to change the law to protect people whose property is damaged by fracking.
An oil exploration well in one of the most sensitive parts of the country has lacked scrutiny because of legal loopholes.
The company behind fracking plans at Kirby Misperton in North Yorkshire is again overdue with its annual accounts. It has also increased its loan from Barclays by £1.5m.
A resident’s group in Surrey has discovered a loophole in oil and gas regulations that allow some wells to be stimulated or used for reinjection without specific controls.
Anti-fracking campaigners in North Yorkshire have vowed to continue to resist plans to frack at Kirby Misperton, despite what looks like a delay following the discovery of a legal loophole.