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06 Jul 26 |
UK: Labour MPs signal major shift on North Sea after Aberdeen visit Senior Labour MPs have publicly backed greater support for the North Sea, including Rosebank, Jackdaw and early implementation of a new oil and gas tax regime. It comes just days after the Energy Security and Net Zero Committee travelled to Aberdeen, meeting businesses, trade unions, charities and energy leaders at Aberdeen & Grampian Chamber of Commerce before holding a formal evidence session at Robert Gordon University. |
06 Jul 26 |
UK: Burnham urged to honour North Sea pledge as oil prices return to pre-war levels Incoming Prime Minister Andy Burnham has been urged to honour Labour's commitment to replace the Energy Profits Levy after oil prices returned to the level that prompted the Government to pledge an early end to the windfall tax. |
