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).
Keep up to date with November 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Plans to expand a suspended oil site in Dorset and restart production are unlikely to have “significant environmental impacts”, council planners ruled today.
The House of Lords voted through new regulations tonight which give the police greater powers to ban protests. But many peers criticised government tactics used to get the measure through.
A leading human rights lawyer has warned that police will have “near total discretion” over which protests to ban if the government’s latest restrictions are approved in parliament this week.
A parliamentary bill to limit earthquakes caused by fracking has passed its first stage unopposed today.
Two scientists have said the rules on fracking-induced earth tremors could be relaxed with little risk to people.
The government’s new shale regulator, announced last spring, has three members of staff, at a cost of £75,000, operates “virtually” and has no powers, the energy minister has said.
Neighbours of Cuadrilla’s shale gas site in Lancashire are living in an “information vacuum”, campaigners said today after an apparent pause in fracking for three weeks.
A former energy secretary has urged the government to uphold the safety rules he introduced six years ago on fracking-induced earth tremors.