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windfall tax

  • British Gas Reports ‘One-Off’ Profit Increase by Nine Fold
    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, 2023BY Lily Zhou
  • Windfall Tax to Be Scrapped If Oil and Gas Prices Fall to ‘Normal Levels’
    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, 2023BY Alexander Zhang
  • Windfall Taxes Just Add More Problems to the Energy Crisis
    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, 2023BY Peter Castle
  • California Lawmakers to Consider Gov. Newsom’s Windfall Tax on Oil Companies
    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, 2023BY Jill McLaughlin
  • British Gas Owner Centrica Sees Profits Triple in 2022 Amid Soaring Energy Prices
    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, 2023BY Alexander Zhang
  • Energy Boss Says High Prices Are Here to Stay Thanks to Net Zero and Windfall Taxes
    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, 2023BY Alexander Zhang
  • Increased UK Windfall Tax Hits Shell’s Earnings for Last Quarter of 2022
    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, 2023BY Alexander Zhang
  • ExxonMobil Launches Legal Challenge Against EU Over Windfall Profit Tax
    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, 2022BY Katabella Roberts
  • Biden Accuses Oil Companies of War Profiteering, Threatens Windfall Taxes and Restrictions
    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, 2022BY Katabella Roberts
  • UK Can’t ‘Tax Its Way to Growth,’ Says Truss as She Rejects Labour’s Call for Windfall Tax
    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, 2022BY Alexander Zhang
  • UK Labour Leader Pledges to Freeze Energy Bills by Extending Windfall Tax
    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, 2022BY Alexander Zhang
  • UK PM Candidates Urged to Scrap Windfall Tax on Energy Profits as Soon as Possible
    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, 2022BY Alexander Zhang
  • Windfall Tax on Energy Firms Could Damage Investment: UK Industry Leader
    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, 2022BY Alexander Zhang
  • UK Slaps Windfall Tax on Energy Firms; Russia Preps to Seize Exiting Western Firms | NTD Business
    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, 2022BY Paul Greaney
  • UK Imposes Windfall Tax on Energy Firms to Fund £15 Billion Relief Package for Households
    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, 2022BY Alexander Zhang
  • UK May Levy Windfall Tax If Energy Firms Fail to Reinvest ‘Enormous Profits’: Minister
    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, 2022BY Alexander Zhang
  • UK Ministers Voice Opposition to Windfall Tax
    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, 2022BY Lily Zhou
  • Prescription Charges Frozen in England as Ministers Grapple With Cost-of-Living Crisis
    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, 2022BY PA Media
  • UK Government Resists Renewed Push for Windfall Tax as Oil Companies Announce Unexpected Profits
    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, 2022BY Lily Zhou
TOP NEWS
  • Financial Managers Seek Ways to Leave China Amid Anti-Corruption Probe
    NEW By Michael Zhuang
    Financial Managers Seek Ways to Leave China Amid Anti-Corruption Probe
  • US Company Recalls More Than 19 Million Eggs
    1hr By Zachary Stieber
    US Company Recalls More Than 19 Million Eggs
  • Education Department Investigates 5 Medical Schools for Alleged Racial Bias in Admissions
    2hr By Kimberly Hayek
    Education Department Investigates 5 Medical Schools for Alleged Racial Bias in Admissions
  • Behind America’s Growing ‘Food Freedom’ Movement
    2hr By Jeff Louderback
    Behind America’s Growing ‘Food Freedom’ Movement
  • US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
    7hr By Kimberly Hayek
    US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
  • Company Disputes New Jersey’s Claim About ‘Serious Software Error’ That Added Noncitizens to Voter Roll
    7hr By Timothy Frudd
    Company Disputes New Jersey’s Claim About ‘Serious Software Error’ That Added Noncitizens to Voter Roll
  • Here’s Who Won Key House Primaries in Arizona
    8hr By Nathan Worcester
    Here’s Who Won Key House Primaries in Arizona
  • FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
    10hr By Kimberly Hayek
    FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
  • Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
    11hr By Travis Gillmore
    Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
  • 124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
    11hr By Arthur Zhang
    124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
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