Sentences with phrase «sea oil tax»

«We now need the Scottish government to update its own alternative, North Sea oil tax scenarios, based on the latest information available, in order to judge how these might affect Scotland's future fiscal balance.»

Not exact matches

«The loss of significant offshore oil and gas tax revenues as the North Sea runs down will have a big impact on our economy, jobs and balance of payments, with significant increases in household energy bills — and a very adverse impact on the legacy for future generations in an independent Scotland,» he told EnergyVoice.com.

A straightforward way of appreciating this point consists in calculating the effective tax ratio («ETR») for petroleum exploration and production activities in all the jurisdictions producing oil and natural gas from the North Sea.

We need to see urgent action to improve the tax incentives for North Sea oil investment.

The Conservatives have a poor record on the environment in office, launching a dash for fossil fuels including massive tax breaks for fracking and North Sea oil and gas.

The budget did include a straight up tax break for investment in North Sea oil, as well as a freeze on fuel duty increases.

Norway is cutting consumption by taxing the heck out of fuel even though they have North Sea oil to pump.

North Sea oil got a tax break last week and that's hardly a new industry.

As Norway relies heavily on its North Sea oil reserves, natural gas and shipping, the Norwegian government provided exemptions, at times full tax exemptions to many of its highest polluters.

Instead, he announced more tax relief for the North Sea oil and gas sector — which Carbon Brief had revealed in April to have recently become a net drain on the public finances.

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Norway's carbon tax on its North Sea oil industry will rise from around $ 37 (210 krone) to $ 71 (410 krone) next year with an additional $ 8 (50 krone) tax on the fishing industry for every tonne of CO2 consumed.

Represented an oil and gas major in an expert determination procedure successfully resisting a claim for a reduction of North Sea gas pricing due to an alleged imposition of an environmental tax.