Graham Kellas News Today

The Government’s windfall tax on oil and gas companies will raise as much as 60pc less than expected after a sharp drop in energy prices.

The UK windfall tax could raise less than the expected £5bn and the investment loophole may even set back climate efforts.

IT is unlikely to be well received by green campaigners. But recently announced tax breaks look to have ensured that investment in North Sea oil and…

IT is unlikely to be well received by green campaigners. But recently announced tax breaks look to have ensured that investment in North Sea oil and…

Upstream oil and gas companies are making money; a lot of it. Record Q1 2022 results show just how much: earnings, cash generation and shareholder distributions are at levels unimaginable two years ago. High oil and gas prices have breathed life back into the sector, not least in the stock market. Unfortunately, it’s not a ...

Wood Mackenzie’s research indicates that UK North Sea oil and gas producers are making more profits than ever before, in an era where the industry is in progressive decline.

If governments around the world are serious about the transition away from fossil fuels, they will have to first support the mining and metals sector

Green energy requires significant amounts of metals like lithium, cobalt, nickel, copper and manganese. Current supplies aren't adequate.

Bumper shareholder payouts, soaring profits, booming asset valuations: the oil and gas industry has bounced back from the depths of the pandemic with a vengeance.

Industry expected to report near-record cashflows thanks to rising gas prices, low wind generation and Chinese demand