Shell said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next decade following the government's decision to increase a windfall tax on oil and gas producers.
said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next decade following the government's decision to increase a windfall tax on oil and gas producers.
The government forecasts that the tax, which was also extended from the end of 2025 to 2028, will raise 40 billion pounds. In a statement on Monday, Shell said that the EPL should be designed to provide incentives to address oil and gas supply shortages as well as longer-term investments in renewables.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Houston police: 2 shot near gas station on Holcombe BoulevardAt least two people were found shot near a Shell gas station at the intersection of...
Read more »
Monday, Nov. 21, 2022: Cramer says you'll want to own these stocks by next yearJim Cramer and Jeff Marks share their thoughts on how deflation is affecting the market, and the Federal Reserve's reaction. Jim breaks down his bullish outlook on Disney now that former CEO Bob Iger is back running the company. Jim also shares a few names Investing Club members will want to own come 2023, and urges them not to get involved with crypto in wake of the FTX controversy.
Read more »
Where to honor the victims of the Club Q shooting across Colorado on MondayThose looking to come together to honor the victims of the Club Q shooting can do so at several vigils throughout the state on Monday.
Read more »