UK government keeps North Sea windfall tax in place until 2030

The UK government decided to keep its windfall tax on North Sea oil and gas producers, dismissing industry calls to end it next year. The Energy Profits Levy, currently at 38%, will remain in place until April 1, 2030, or end earlier if a price floor is triggered.

Detected & updated continuously · Source: Nebula

Story subjects

UK GovernmentEnergy Profits Levy

Track sentiment and mindshare across stocks and crypto in Nebula.

Open Nebula