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.
Topic
oil industry
A collection of 22 issues
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.
Singapore's Jet Fuel Imports Hit Five-Year High
Singapore's jet fuel imports surged to 2.55 million barrels in December, marking a five-year high. Discover the factors driving this increase in jet fuel demand.
Tullow Oil Jumps 12.5% After Tax Victory in Ghana
Tullow Oil shares surged 12.5% after a favorable ruling exempted the company from paying $320 million in taxes on its Ghana operations. Discover the impact on Tullow Oil's future.
Tullow Oil Shares Jump 12.5% After Tax Ruling
Tullow Oil's stock soared by 12.5% following a favorable tax ruling in Ghana, saving the company $320 million. Discover how this impacts their financial outlook.
Increased Optimism for Oil Industry in Q1 2025
Explore the renewed optimism in the oil industry as Q1 2025 shows improved prospects over Q1 2024. Discover key drivers and insights in this evolving market.
Dallas Fed: Oil Industry Optimism Soars in Q1 2025
The Dallas Fed survey reveals heightened optimism in the oil industry for Q1 2025, marking an improvement over Q1 2024. Explore the factors driving this positive outlook.
Venezuelan Debt Crisis: Impact on $20 Billion Creditors
Explore the implications of Venezuela's decision on creditors owed $20 billion by its government and Petroleos de Venezuela SA. Understand the financial landscape and potential outcomes.
ExxonMobil Guyana: No Contract Renegotiation, Says President
ExxonMobil Guyana's President Alistair Routledge confirms no renegotiation of existing contracts. Explore the impact on Guyana's oil sector.
Guyana's President Rejects Exxon Contract Renegotiation
Guyana's President Irfaan Ali opts against renegotiating Exxon Mobil's production contract, despite calls from opposition. Discover the implications for Guyana's oil industry.