Scrap windfall tax on oil and gas firms early, North Sea industry urges
Labour should replace levy in 2027 rather than 2030 as energy bills are poised to surge over the winter, says lobby groupThe North Sea oil and gas ind...
BT on track for estimated £2bn windfall from selling old copper amid AI boom
Telecoms company to benefit from rollout of full-fibre broadband and soaring prices for recycled metalBT is on track for an estimated £2bn-plus windfa...
Woodside scraps long-term emissions and clean energy targets despite windfall oil profits caused by Iran war
Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1.67bn in the six-month reporting periodFollow our Australia news ...
First Thing: Soaring oil profits from US-Iran conflict drive calls for windfall tax
Environmentalists and activists furious as Trump’s policies raise costs for US families. Plus, the undiscovered masterpiece that was left lying in mus...
Trump faces calls for windfall tax on big oil’s profits from Iran war
US president’s complaint industry ‘making too much money’ comes after his policies boosted corporationsDonald Trump’s statement that oil companies hav...
Oil companies are making billions. In the U.S., calls to tax their windfall are growing
Higher oil prices since the Iran war began mean many oil companies have brought in excess profits. Some U.S. lawmakers want to tax those windfall prof...
Trump’s Huge Windfall Has Few Known Global Precedents
President Trump’s earnings in office are at a level once unimaginable for any leader of a liberal democracy, particularly a sitting American president...
Queensland’s economy teeters on edge of ratings downgrade despite coal royalty windfall
Earnings from mining the fossil fuel set to increase to $6.9bn over financial year, up from $4.8bn, with budget deficit to reach $6.2bnFollow our Aust...
Reinstate windfall tax on banks after surge in profits, TUC urges
Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter An increased windfall tax should b...
Oil Companies’ Huge Profits Revive Calls for Temporary Windfall Taxes
European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up ...
