Latest in UK proposes North Sea tax plan to peg payments to oil and gas prices
Sort by
906 items
-
UK proposes North Sea tax plan to peg payments to oil and gas prices
Consultation will explore mechanism that would replace controversial ‘windfall tax’ after 2030Financial Times - 20h -
Oil prices end lower on plans for OPEC+ output hike and Trump’s tariffs
Oil futures declined Monday after OPEC+ said it will boost output starting in April, and as President Donald Trump’s planned tariffs on imports from Canada and Mexico threatened to slow demand for ...MarketWatch - 2d -
Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
The Saudi-led cartel said its members would start gradually pumping more oil in April.The New York Times - 2d -
Oil and gas workers face dangers
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Oil and gas workers face dangers The push to bolster fossil fuel production is heightening concerns ...The Hill - 2d -
BP shuns renewables in return to oil and gas
The energy giant has announced its strategy after rivals also rowed back on green energy plans.BBC News - Feb. 26 -
Oil ends at lowest price since September on tariff worries, OPEC+ output plans
Oil declined for a fourth straight session Wednesday, settling at its lowest price since September, on prospects for a global trade war that could dent demand and plans by major oil producers to ...MarketWatch - 12h -
The nasty consequences of natural gas price volatility
European wholesale prices have doubled in the past year, complicating the inflation outlookFinancial Times - 1d -
BP pivots back to oil and gas after ‘misplaced’ faith in green energy
Chief says group was too optimistic over shift to renewablesFinancial Times - Feb. 26 -
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas productionABC News - Feb. 26 -
BP to ‘Fundamentally Reset’ Strategy in Shift Back to Oil and Gas
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.The New York Times - 6d -
Tax war brews over Britain’s charming little getaways by the sea
Second home owners are poised to fight back as Cornwall prepares to impose double council tax – leaving councillors fearing for their budget. Cornwall councillor Steve Arthur is convinced that ...The Guardian - 4d -
Oil prices end lower, erasing weekly gains
“A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.MarketWatch - Feb. 21 -
How Tariffs Could Raise Prices for U.S. Consumers: Avocados, Gas and More
New tariffs on goods from Canada, Mexico and China took effect Tuesday. They are likely to result in higher prices for Americans.The New York Times - 2d -
UK distances itself from Macron ceasefire proposal
Kyiv’s European allies sought to project unity at London summitFinancial Times - 2d -
California legislators propose bills to expand film and TV tax credit program
To address the flight of productions to other states and countries, legislators are proposing bills that they say will make it more attractive to film in California.Los Angeles Times - Feb. 27 -
Trump’s proposed 'gold card' visa comes with a hidden tax break for the wealthy
President Donald Trump's proposed $5 million "gold card" for U.S. residency would be one the most expensive in the world, according to experts.CNBC - 6d -
EU plans to relax gas storage targets for member states
Brussels hopes a ‘more flexible’ filling trajectory will reduce market disruptionFinancial Times - Feb. 26 -
EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...The Guardian - Feb. 24 -
BP to abandon pledge to cut oil and gas output as chief fights for group’s survival
Auchincloss must convince activist investor Elliott Management he can turn around troubled oil majorFinancial Times - Feb. 25 -
BP ramps up oil and gas investment to $10bn a year in ‘fundamental reset’ – business live
Oil and gas giant abandons green ambitions, as boss says it will be ‘very selective’ about investing in fossil fuel alternatives. BP will abandon its green ambitions, including plans to cut its ...The Guardian - Feb. 26 -
BP to ramp up oil and gas output in major shift away from green goals
Fossil fuel firm will cut more than $5bn from low-carbon investment plan in ‘fundamental reset’. Business live – latest updates BP is dropping green goals, ramping up oil and gas production ...The Guardian - Feb. 26 -
Arab States Propose Alternative to Trump’s Gaza Plan
Trying to counter President Trump’s call to “clean out” Gaza, Arab leaders have begun to outline their own vision for Palestinians in the territory.The New York Times - 1d -
At the bottom of the North Sea, out of air and with no hope of rescue, I said goodbye to all my dreams
Diver Chris Lemons was 300ft beneath the surface when he lost contact with his colleagues, their support ship – and his air supply. How did he escape that ‘dark, lonely’ place?. It was, says Chris ...The Guardian - 2d -
Oil prices end higher as U.S. imposes more sanctions on Iran
Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed fresh sanctions on Iran, impacting its crude sector.MarketWatch - Feb. 24 -
Oil prices post a loss in February as U.S.-Ukraine tensions feed uncertainty
Prices on Friday finished off at the session’s lowest levels after a tense meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky dashed hopes for a Ukraine-Russia ...MarketWatch - 5d -
Oil prices fall after Opec+ confirms it will increase crude production
Traders had been expecting cartel to postpone its plan to boost outputFinancial Times - 2d -
Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.The New York Times - 11h -
North American pipeline company warns Trump tariffs will hit fuel prices
TC Energy chief says continent needs to deepen cross-border ties to avoid inflation and protect energy securityFinancial Times - 16h -
Trump indicates he is ready to accept UK proposal for Chagos Islands deal
Remarks are a significant win for Sir Keir Starmer as he visits the White House for talks over UkraineFinancial Times - 6d -
BP’s going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.MarketWatch - Feb. 26 -
As the price of bitcoin falls, you can leverage this tax 'loophole,' experts say
With the price of bitcoin down from a record high in January, there could be opportunities for a tax break, experts say.CNBC - 5d -
Trump tariffs 101: A tax on Americans that raises prices and lowers incomes
Congress has given the president the power to impose new taxes.MarketWatch - 12h -
Gaza ceasefire talks stall, as Egypt proposes long-term reconstruction plan
Israel had agreed partial troop withdrawal by 9 March, but start of second phase of truce hits impasse. Talks aimed at maintaining the ceasefire in Gaza hit an impasse in Cairo on Saturday over ...The Guardian - 4d -
-
Agriculture secretary outlines plan to lower egg prices
U.S. Department of Agriculture (USDA) Secretary Brooke Rollins outlined a “five pronged strategy” to lower the cost of eggs in a Wednesday Wall Street Journal op-ed citing the avian flu as an ...The Hill - Feb. 26 -
Sources: Arsenal plan to raise fan ticket prices
Arsenal are set to increase ticket prices once again next season by an average of 3.7%, sources have told ESPN.ESPN - 17h -
Student loan borrowers face abrupt 180 as GOP budget plans threaten to raise payments
Student loan borrowers could see their payments increase under budget plans currently under discussion by House Republicans, a violent about-face after years of working with the Biden ...The Hill - Feb. 25 -
UK and France to work with Ukraine on peace plan
Starmer says European initiative would then be discussed with White HouseFinancial Times - 3d -
BoE plans to ease leverage rules on UK lenders
Proposal is latest sign of regulators responding to government pressure to cut business red tapeFinancial Times - 20h -
Oil prices settle at lowest level of the year as tariff threat hurts demand outlook
Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from proposed U.S. tariffs on Canada and Mexico that may come into effect ...MarketWatch - Feb. 25