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Oil & Gas Trade
India Raises Windfall Tax on Petroleum Crude
File photo: Storage tanks of an oil refinery of Essar Oil, which runs India's second biggest private sector refinery, are pictured in Vadinar in the western…
Oil Field
North Sea Energy Firms Look Beyond UK After Tax Squeeze
Aerial view of the Gullfaks C oil platform, North Sea, August 23, 2023. REUTERS/Nora Buli/File Photo Purchase Licensing RightNorth Sea oil and gas producers are…
Oil & Gas Trade
India Raises Windfall Tax on Petroleum Crude
An Oil and Natural Gas Corp's (ONGC) well is pictured in an oil field on the outskirts of the western city of Ahmedabad, India, February 10, 2016. REUTERS/A…
Oil & Gas Trade
India Hikes Windfall Tax on Petroleum Crude
The Indian government has raised its windfall tax on petroleum crude to 4,900 rupees ($59.15) a tonne from 4,600 rupees with effect from March 16, according to …
Oil & Gas Trade
UK's Hunt Extends Energy Windfall Tax by One Year to 2029
British Chancellor Jeremy Hunt speaks to members of the media during a visit to a builders warehouse in London, Britain, March 6, 2024. Kirsty Wigglesworth/Pool…
Oil Price
Indian Government Hikes Windfall Tax on Petroleum Crude
A man pours petrol into an underground tank at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing RightsTh…
Crude Oil
India Hikes Windfall Tax on Crude Oil
Oil tankers are seen parked at a yard outside a fuel depot on the outskirts of Kolkata February 3, 2015. Picture taken February 3, 2015. REUTERS/Rupak De Chowdh…
Oil Price
India Hikes Windfall Tax on Petroleum Crude to 9,800 Rupees/Ton
The Indian government has increased the windfall tax on petroleum crude to 9,800 Indian rupees ($117.70) per ton from 9,050 rupees per ton starting Wednesday, a…
Carbon Emissions
‘Sustainability Superpower’: Report Predicts UK Could Unlock £70BN Annual Windfall by Going ‘Beyond Net Zero'
New reports from UKBCSD and National Grid detail how accelerated clean tech transition to drive massive long term economic benefits for the UKAccelerating effor…
Hydropower Plant
Miyuukaa Corp. To Transmit Hydroelectric Power to Windfall Gold Project
Osisko Mining Inc. has concluded the previously announced binding term sheet agreement and signed a definitive agreement with Miyuukaa Corp. for construction of…
Oil & Gas Trade
Oil Giant Aramco Says Windfall Taxes ‘Not Helpful’ and Could Stifle Decarbonization
KEY POINTSPolicymakers in a number of countries are calling for windfall taxes on major oil and gas companies, many of which saw record profits in the last year…
Oil & Gas Trade
Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies
Record profits by oil companies benefiting from high energy prices have boosted inflation around the worldExxon said it will factor in the tax as it considers f…
Energy Taxation
‘Electricity Generator Levy Threat to Renewable Investment’
The REA says the windfall tax could slow growth towards net zeroImage: ShutterstockThe government’s plans for the Electricity Generator Levy (EGL) threate…
Oil Price
Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap
The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity pro…
Italy
Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows
Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the…
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