BP chief executive Bernard Looney has said the oil giant will reinvest all the profits it makes in the North Sea into Britain as he opposed calls for the Government to impose a windfall tax on firms.

There are mixed messages coming from the government about the possibility of a windfall tax on oil and gas firms, as the cost of living crisis continues to ravage the economy. Speaking earlier on ...

Windfall taxes are all the rage this year. With a winter of distress soon coming to Europe, 14 EU countries have implemented these-one-time taxes on their favourite whipping targets — fossil fuel ...

Rishi Sunak has been pushed to introduce an emergency windfall tax against energy companies in order to ease the cost of living crisis across the UK. The Chancellor has so far withheld the ...

Wind Turbine woes have caused Siemens energy to lose a third of its market value Chancellor Rishi Sunak refused to rule out a windfall tax on energy companies yesterday, warning that “no option is off ...