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).
IGas has confirmed it is part of a consortium of academics and industry to turn exhausted oil and gas wells into test sites to bury carbon dioxide and store hydrogen.
Egdon Resources said today it was “likely” to appeal against the refusal of planning permission for drilling and production at Biscathorpe in the Lincolnshire Wolds.
Shale gas companies are working with two British universities to investigate whether UK boreholes could be turned into deep science laboratories.