UK trade body warns of jobs and investment woes under Labour’s windfall tax
Offshore Energies UK has written a joint letter to the UK Government expressing concerns over the 3% increase in Energy Profits Levy.
23 August 2024
23 August 2024
Offshore Energies UK has written a joint letter to the UK Government expressing concerns over the 3% increase in Energy Profits Levy.
In May, Russia revealed its annual oil proceeds had increased by 39% on the year.
The divestment is part of Eni’s strategy to optimise its upstream operations by focusing on strategic assets.
Based in Ridgway, Pennsylvania, Allegheny specialises in gas transmission pipeline integrity services.
The Cai Mep LNG facility has the capacity to import three million metric tonnes of the fuel a year.
The permit will be assessed for its potential as a CCS hub for third-party emissions.
The company has already invested approximately $1.4bn in the field, which has faced discontinuation twice in the past.
Industry experts weigh in on a shifting cybersecurity landscape for oil and gas since major hacks on Saudi Aramco and Colonial Pipeline.
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