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windfall tax
British Gas Reports ‘One-Off’ Profit Increase by Nine Fold
British Gas reported a record profit of £969 million for the first half of this year, the energy provider's owner Centrica said on Thursday. It's almost 889 percent more than ...
July 27, 2023
BY
Lily Zhou
Windfall Tax to Be Scrapped If Oil and Gas Prices Fall to ‘Normal Levels’
The government has announced it will remove the windfall tax on oil and gas companies if energy prices ...
June 9, 2023
BY
Alexander Zhang
Windfall Taxes Just Add More Problems to the Energy Crisis
Commentary If there is one sin worse today than producing fossil fuels, it is making money while doing ...
March 12, 2023
BY
Peter Castle
California Lawmakers to Consider Gov. Newsom’s Windfall Tax on Oil Companies
California lawmakers will hold a special public hearing Feb. 22 to consider Gov. Gavin Newsom’s plan to impose ...
February 22, 2023
BY
Jill McLaughlin
British Gas Owner Centrica Sees Profits Triple in 2022 Amid Soaring Energy Prices
Energy firm Centrica, which owns British Gas, has seen its profits more than treble in 2022 amid soaring ...
February 16, 2023
BY
Alexander Zhang
Energy Boss Says High Prices Are Here to Stay Thanks to Net Zero and Windfall Taxes
Energy bills will remain higher for years, the boss of one of Europe’s biggest gas companies has warned. ...
January 16, 2023
BY
Alexander Zhang
Increased UK Windfall Tax Hits Shell’s Earnings for Last Quarter of 2022
The increased level of UK windfall taxes on oil and gas producers has hit Shell’s earnings in the ...
January 6, 2023
BY
Alexander Zhang
ExxonMobil Launches Legal Challenge Against EU Over Windfall Profit Tax
ExxonMobil has filed a lawsuit against the European Union (EU) over a windfall tax on energy companies announced in September, ...
December 28, 2022
BY
Katabella Roberts
Biden Accuses Oil Companies of War Profiteering, Threatens Windfall Taxes and Restrictions
President Joe Biden took aim at oil companies on Monday, accusing them of profiting from Russia's invasion of ...
November 1, 2022
BY
Katabella Roberts
UK Can’t ‘Tax Its Way to Growth,’ Says Truss as She Rejects Labour’s Call for Windfall Tax
New UK Prime Minister Liz Truss has rejected the idea of using a windfall tax on oil and ...
September 7, 2022
BY
Alexander Zhang
UK Labour Leader Pledges to Freeze Energy Bills by Extending Windfall Tax
Britain’s main opposition Labour Party has announced plans to freeze household energy bills, which it said would be ...
August 15, 2022
BY
Alexander Zhang
UK PM Candidates Urged to Scrap Windfall Tax on Energy Profits as Soon as Possible
A British energy industry body has urged the candidates in the running to become prime minister to scrap ...
August 12, 2022
BY
Alexander Zhang
Windfall Tax on Energy Firms Could Damage Investment: UK Industry Leader
The UK government’s decision to levy a windfall tax on energy firms could damage investment in the North ...
June 24, 2022
BY
Alexander Zhang
UK Slaps Windfall Tax on Energy Firms; Russia Preps to Seize Exiting Western Firms | NTD Business
Russia is preparing a new law to seize properties of Western firms. It'll raise the stakes for global ...
May 26, 2022
BY
Paul Greaney
UK Imposes Windfall Tax on Energy Firms to Fund £15 Billion Relief Package for Households
The UK government has announced a temporary windfall tax on oil and gas giants to fund a relief ...
May 26, 2022
BY
Alexander Zhang
UK May Levy Windfall Tax If Energy Firms Fail to Reinvest ‘Enormous Profits’: Minister
The UK government may levy a windfall tax on energy firms if they fail to reinvest their “enormous ...
May 23, 2022
BY
Alexander Zhang
UK Ministers Voice Opposition to Windfall Tax
Two Cabinet ministers on Saturday voiced their opposition to imposing a one-off windfall tax on the profit of ...
May 22, 2022
BY
Lily Zhou
Prescription Charges Frozen in England as Ministers Grapple With Cost-of-Living Crisis
NHS prescription charges in England are to be frozen in the latest move by ministers to ease the ...
May 15, 2022
BY
PA Media
UK Government Resists Renewed Push for Windfall Tax as Oil Companies Announce Unexpected Profits
The UK government has resisted a new wave of calls to impose more tax on oil and gas ...
May 5, 2022
BY
Lily Zhou
TOP NEWS
Lawsuit Seeks to Block Trump’s Planned UFC Match at White House
2hr
By
Aldgra Fredly
Trump Endorsement Pits Newcomer Against Familiar Face in Deep Red Nevada House Primary
2hr
By
John Haughey
Israel Strikes Iran After Tehran’s Missile Attack
6hr
By
T.J. Muscaro
America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
7hr
By
Epoch Times Staff
China Ramps Up Patrols Near Taiwan Following Japan–Philippines Border Talks
8hr
By
Dorothy Li
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
10hr
By
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
12hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
12hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones
14hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
15hr
By
Jacki Thrapp