Tax

Oil & Gas Trade
New UK Prime Minister Opposes Windfall Tax on Energy Companies
UK's new Prime Minister Liz Truss said she was against the windfall tax on oil and gas companies operating in the UK.
Oil Price
Will Germany Introduce a Windfall Tax on Energy Firms?
As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int…
Natural Gas
Germany to Slash Tax on Household Energy Bills
VAT on gas has been cut to 7% to help people with soaring energy costs
Natural Gas
Europe Says ‘No’ to VAT Exemption on German Gas Levy
All German consumers will face a new tax which is hoped to mitigate the rising cost of gas imports.
CCS
Oil Industry Gears up to Tap U.S. Climate Bill for Carbon Capture Projects
Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas prop…
Natural Gas
German Households Will Foot the Bill for New Gas Tax
A new natural gas tax designed to keep importers afloat amid an energy crisis prompted by the war in Ukraine is set to cost German families, who will have to fo…
Natural Gas
German Finance Minister Writes to Brussels Over VAT Exemption for Gas Levy
German finance minister Christian Lindner has written to the European Commission seeking permission to waive value-added tax on a new gas price levy for a limit…
Carbon Emissions
U.S. Fuel Retailers Rail Against Green Aviation Fuel Tax Credit
U.S. fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in Democrats' $430 billion spending bill, arguing SAF is more…
U.N. Chief Urges Tax on ‘Grotesque Greed’ of Oil, Gas Companies
United Nations Secretary-General Antonio Guterres on Wednesday slammed the "grotesque greed" of oil and gas companies and their financial backers and urged gove…
Electric Car
U.S. Senate Democratic Deal Would Expand EV Tax Credits
A Senate Democratic deal includes a new $4,000 tax credit for used electric vehicles and other new tax credits and grants for automakers to retool factories to …
Oil Price
India Mulls Easing Its Windfall Tax as Oil Prices Fall
With oil prices falling on recession fears, India is taking another look at its windfall tax on oil companies, anonymous Bloomberg sources close to the matter s…
United Kingdom
UK Approves 25% Windfall Tax on Oil and Gas Producers
British lawmakers have officially approved a 25% windfall tax on oil and gas producers that will earn the government nearly $6 billion in one year to put toward…
United Kingdom
UK Government £263MN ‘Tax Calamity’ Warning to Energy Sector
Energy businesses urged to prioritise their compliance to IR35 rules to avoid penalties issued to government warns insurance provider Qdos.
Brazil
Brazil Government Eyes Windfall Tax on Oil Firms, but Guedes Opposed
Brazilian Economy Minister Paulo Guedes is firmly against the idea of tax increases on the oil and gas industry.
Energy Investment
UK Energy Windfall Tax ‘Undermining Investment'
UK government’s new windfall tax may already be undermining the major investments needed according to Offshore Energies UK.

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Tax

New UK Prime Minister Opposes Windfall Tax on Energy Companies

Will Germany Introduce a Windfall Tax on Energy Firms?

Germany to Slash Tax on Household Energy Bills

Europe Says ‘No’ to VAT Exemption on German Gas Levy

Oil Industry Gears up to Tap U.S. Climate Bill for Carbon Capture Projects

German Households Will Foot the Bill for New Gas Tax

German Finance Minister Writes to Brussels Over VAT Exemption for Gas Levy

U.S. Fuel Retailers Rail Against Green Aviation Fuel Tax Credit

U.N. Chief Urges Tax on ‘Grotesque Greed’ of Oil, Gas Companies

U.S. Senate Democratic Deal Would Expand EV Tax Credits

India Mulls Easing Its Windfall Tax as Oil Prices Fall

UK Approves 25% Windfall Tax on Oil and Gas Producers

UK Government £263MN ‘Tax Calamity’ Warning to Energy Sector

Brazil Government Eyes Windfall Tax on Oil Firms, but Guedes Opposed

UK Energy Windfall Tax ‘Undermining Investment'