UK Spring Budget: oil and gas windfall tax extended, fuel duty frozen
Hunt expects to use the funds raised to pay for a 2p reduction in the country’s National Insurance tax.
07 March 2024
07 March 2024
Hunt expects to use the funds raised to pay for a 2p reduction in the country’s National Insurance tax.
The exploration block sits within South Africa’s Orange Basin, home to several major oil exploration efforts.
A potential deal could enhance Sinopec's efforts to expand its sales at the world's third-largest bunker fuel hub.
With expectations for liquefied natural gas (LNG) demand to surge by 50% by 2030, the Gulf oil and gas giants are exploring opportunities in the US.
The move potentially obstructs Chevron's plans to acquire Hess for $53bn.
Quantum computing is expected to revolutionise the energy industry by accelerating the discovery and development of new materials.
A report by the Centre for Research on Multinational Corporations (Somo) pushes Shell to safely decommission its abandoned oil infrastructure before divesting from the Niger Delta.
The project is expected to contribute to energy security in Indonesia, Japan and other Asian countries.
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