Reported 2 days ago
President-elect Donald Trump criticized the UK’s windfall tax on oil and gas producers, declaring it a significant mistake and urging the government to open up the North Sea and abandon windmill energy. His remarks follow the UK government’s decision to increase the windfall tax to 38% and extend it until March 2030, which has led some US oil companies like Apache to reconsider their operations in the North Sea.
Source: YAHOO