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The death of North Sea oil and gas? Britain's windfall tax hammers investment

Jeremy Hunt announced the Energy Profits Levy would be prolonged by another 12 months to March 2029, which he estimates will raise an extra £1.5billion for HM Treasury.

Argentina , Ukraine , Edinburgh , City-of , United-kingdom , North-sea , Oceans-general- , Oceans , Germany , Egypt , Norway , Russia

Ithaca Energy to buy Eni's UK assets, but mothballs projects due to windfall tax

When completed, the deal will see Ithaca Energy become the second-largest operator in the UK Continental Shelf area

Irish-sea , Ireland-general- , Ireland , United-kingdom , Gilad-myerson , Rupert-hargreaves , Iain-lewis , Neptune-energy , Energy-profits-levy , Ithaca-energy , United-kingdom-continental-shelf , North-sea

Ithaca eyes UK tie up with Eni; Profits slump on UK tax levy

North Sea oil and gas producer Ithaca Energy on Wednesday said it was looking at a potential tie-up with Italy's largest energy firm Eni covering its UK assets and reported a slump in annual profits blaming the British government’s energy tax and project impairments.

Ireland , United-kingdom , Irish , Jeremy-hunt , Iain-lewis , Tel-delek-group , Neptune-energy , Eni-united-kingdom , Greater-stella-area , Montrose-arbroath-area , Elgin-franklin-area , Tel-aviv-listed-delek-group

Israeli-owned oil giant poised to dominate British North Sea drilling

An Israeli-owned drilling company is poised to become the UK’s largest North Sea oil and gas operator after announcing a tie-up with Italian rival Eni.

Italy , United-kingdom , London , City-of , North-sea , Oceans-general- , Oceans , Britain , Italian , Elgin-franklin , Gilad-myerson , Alan-bruce

Israeli-owned oil company poised to dominate North Sea drilling

Merger with Italian rival would leave Ithaca Energy with stakes in six of the 10 largest fields

London , City-of , United-kingdom , Italy , North-sea , Oceans-general- , Oceans , Britain , Italian , Humza-yousaf , Gilad-myerson , Alan-bruce

Ithaca Energy cuts UK investment as windfall tax hits bottom line

Ithaca Energy was charged $333.4million under the UK's Energy Profits Levy, which was extended for a year by Jeremy Hunt in his latest budget earlier this month.

North-sea , Oceans-general- , Oceans , Italy , United-kingdom , Iain-lewis , Jeremy-hunt , Harbour-energy , Ithaca-energy , Energy-profits-levy , United-kingdom-energy-profits-levy , Office-for-national-statistics

Ithaca eyes Eni assets to become second largest North Sea operator

Ithaca eyes Eni assets to become second largest North Sea operator
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

United-kingdom , North-sea , Oceans-general- , Oceans , Italy , Elgin-franklin , Iain-lewis , Energy-profits-levy , Ithaca-energy , United-kingdom-north-sea , Russ-mould ,

Ithaca Energy gets bid rights on Eni's British assets

Buying those assets, including those of Eni’s recently acquired Neptune Energy, could add a further 40,000-45,000 barrels of oil equivalent per day to Ithaca’s output

Angola , North-sea , Oceans-general- , Oceans , London , City-of , United-kingdom , Italy , Britain , British , Iain-lewis , Jeremy-hunt

Ithaca Energy Gets Bid Rights on Eni's UK Assets

Ithaca Energy Gets Bid Rights on Eni's UK Assets
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North-sea , Oceans-general- , Oceans , Italy , United-kingdom , London , City-of , Britain , British , Alan-bruce , Iain-lewis , Jeremy-hunt

Words and actions out of step as Ithaca eyes North Sea deal

Ithaca Energy is in exclusive talks to take over the North Sea assets of Italy's Eni, making Ithaca the second-largest player in the region

United-kingdom , Italy , Iain-lewis , Humza-yousaf , Jeremy-hunt , Alan-bruce , Israel-delek-group , Energy-profits-levy , Spring-budget , Chancellor-jeremy-hunt , United-kingdom-north-sea , Gilead-myerson