Star Energy’s revenue hit by oil and gas price falls
Lower commodity prices hit Star Energy last year, the company revealed today in annual accounts.
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).
Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today.
More than 200 organisations, including the Women’s Institute, have joined celebrities and climate campaigners to oppose plans to develop the Rosebank oilfield off Shetland.
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.
Climate campaigners have called for higher taxes on oil and gas companies after BP announced a tripling of profits this morning.
Disruption by climate campaigners today forced Shell to pause its first AGM since moving headquarters to London.