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The Energy Profits Levy, which puts a marginal tax rate of 75% on North Sea oil and gas production, will remain in place for the next five years while oil and gas prices remain higher than historic norms – but this will fall back to 40% when prices consistently return to normal levels for a sustained period.
China will lead Asian natural gas demand to return to modest growth of around 3 percent this year, the highest among all regions worldwide, according to a recently released gas market report by the International Energy Agency.
/PRNewswire/ -- ICIS, a global source of Independent Commodity Intelligence Services, launches Energy Foresight, an integrated platform which provides one...
Novoner, the largest shareholder at Braskem, said it has received an offer to buy the Brazilian petrochem company.
By Jake Stones, hydrogen editor at ICIS ICIS data shows that renewable hydrogen could be sold for below €1/kg if a producer obtains the maximum support provided by the European Hydrogen Bank, according to the heads of terms for the bank published by the European Commission on 31 March. The...