Future Of British Business
Big Oil to Meet With UK Chancellor Over Windfall Tax
- UK will expand a windfall tax on oil and gas producers
- North Sea producers want a price floor to limit impact
Jeremy Hunt
Photographer: Rob Pinney/Getty ImagesThis article is for subscribers only.
UK Chancellor of the Exchequer Jeremy Hunt will meet with top North Sea oil and gas producers on Friday to discuss an expansion of a windfall tax on the industry.
The meeting will include representatives from oil majors Shell Plc, BP Plc and TotalEnergies SE as well as independents like Harbour Energy Plc and Neptune Energy Group Ltd., according to people familiar with the matter who asked not to be identified.