Shell warns of investment ‘uncertainty’ amid projections of record North Sea tax revenues

City A.M.

29 May 2022 0 shares 1 views

City A.M.

Published 29 May 2022

Shell has toughened its stance on the government's announced levy on North Sea oil and gas operators, warning the new tax will create "uncertainty."

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Shell says windfall tax 'creates uncertainty' about North Sea oil and gas investment

Shell has said the chancellor's windfall tax "creates uncertainty" about investing in oil and gas in the North Sea.

Sky News 27 May 2022

Shell has slammed the government’s windfall tax, saying while it “understands the worry for million” about the cost of living..

City A.M. 27 May 2022