Oil profits could fund climate commitments; taxing windfall gains may finance poorer countries' climate protection.

A new wave of tax measures herald dark times for oil and gas exploration in the U.K. sector of the North Sea, a hydrocarbon ...

A US oil firm has said it will end all its operations in the North Sea by the end of 2029, blaming the impact of the windfall ...

The windfall tax on oil and gas companies will increase in November, and will remain in place until March 2030. The levy was introduced as a response to soaring energy company profits, and was ...

Are you preparing for UPSC CSE Prelims 2025? Check your progress and revise your topics through this quiz on Economy.

Spain’s governing Socialist party reached an agreement with partners in parliament to extend a windfall tax on banks for ...

Chancellor Rachel Reeves lifted taxes for North Sea oil and gas firms including Shell in Wednesday’s autumn Budget.

Oct 23 (Reuters) - India's finance ministry will take a view on scrapping windfall tax on local crude oil output, Tarun Kapoor, advisor to the Indian prime minister, said on Wednesday. The ...

India’s Finance Ministry will consider a proposal to ditch the windfall tax on domestic crude oil production, amid much lower prices compared to when the levy was introduced in 2022, a senior ...

On 23 July 2024, a distinguished international arbitral tribunal issued a significant decision on provisional measures in Klesch Group and ...

Spain's ruling Socialist party has proposed to extend a temporary windfall tax imposed on banks for three more years, according to a document submitted to parliament seen by Reuters.