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North Sea producer slashes UK output due to windfall tax impact

North Sea producer slashes UK output due to windfall tax impact

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North Sea producer slashes UK output due to windfall tax impact

Ithaca Energy, a North Sea oil and gas producer, is reducing UK production due to an unforeseen impact of the windfall tax

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bp reduces climate targets after record profits

bp reduces climate targets after record profits

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bp reduces climate targets after record profits

Following £23bn in profits, it has reduced the carbon emissions targets set for 2030 to invest in more oil and gas

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Truss says “profit is not a dirty word”

Truss says “profit is not a dirty word”

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Truss says “profit is not a dirty word”

Oil and gas trade body has urged Rishi Sunak and Liz Truss to remove the windfall tax

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