Apache to Exit North Sea Amid UK Energy Profits Levy Apache Corporation is set to withdraw from the North Sea, citing the UK's Energy Profits Levy as the cause for making its operations economically unviable.
Starmer's Government to Halt New North Sea Oil and Gas Licenses Incoming Prime Minister Keir Starmer's government pledges to halt new North Sea oil and gas licenses, focusing on sustainable energy and climate change.
Apache to Exit North Sea Citing Tax Burden US oil giant Apache plans to exit the North Sea, citing the UK's Energy Profits Levy as a key factor making operations financially unviable.
Trump Criticizes UK's Windfall Tax on Energy Firms US President-elect Donald Trump labels UK's windfall tax on oil and gas producers as a 'very big mistake' and urges for North Sea energy expansion. Discover more.
Apache Exits North Sea Amid UK's Windfall Tax Apache Corporation's exit from the North Sea, driven by the UK's windfall tax, may impact its operational strategies and profitability. Discover the potential implications.