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Windfall

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…
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…
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.
United Kingdom
UK ‘Urgently Considering’ to Extend Windfall Tax to Electricity Generators
Rishi Sunak has said there are “extraordinary profits” made in the electricity generation sector
United Kingdom
Windfall Tax to Cost UK-Focused Oil Firms More Than $3 Billion
The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion thro…
Energy Investment
Windfall Tax Threatens Oil and Gas Investment in North Sea, Says Shell
The energy giant has said the levy “creates uncertainty”
Energy Security
Windfall Taxes Are Not the Only Solution to the Energy Crisis
Following the announcement from the Chancellor of the Exchequer that the UK government will be introducing a temporary, targeted energy profits levy, Dan Atzori…
Oil Price
UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge
Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for househol…
Oil Price
Shale Operators Stay the Course Despite Oil Price Rally
After spending a year heeding investor calls for prudence, independent US shale producers are in no rush to use windfalls from surging oil prices to ramp up out…
Labour Party Manifesto: Windfall Tax on Oil Firms, Delisting for Those not Tackling Climate Change
UK’s Labour Party plans to impose a reported £11bn windfall tax on oil companies, and to delist from the London Stock Exchange those companies that don’t hel…

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