Harbour Energy‘s profits ‘all but wiped out’ by windfall tax UK oil and gas producer plans to cut both jobs and investment due to the energy levy backlash Insider UK · Mar 9, 2023
North Sea’s biggest energy producer claims UK windfall tax ‘wiped out’ surge in profit Harbour Energy says it had to cut jobs and investment at same time as announcing new shareholder payouts taking total to $1bn The Guardian - UK · Mar 9, 2023
Harbour Energy buoyed by carbon storage verification for grand Humber capture plan 300 million tonnes capacity described as a 'fair and reasonable' estimate by independent specialist as government pathway awaited Birmingham Post · Mar 7, 2023
Hundreds of North Sea jobs at risk after Scots oil giant reacts to windfall tax Workers at Harbour Energy were informed yesterday that jobs are at risk following the tax hike. Daily Record · Jan 19, 2023
Harbour Energy blames job losses on windfall tax Unspecified cuts come despite rising revenue and earnings during 2022 Insider UK · Jan 19, 2023
RWE eyeing up carbon capture power station plan for South Humber Bank Gas-fired proposal revealed as it partners with Viking CCS to investigate CO2 solution Birmingham Post · Dec 20, 2022
Weir and abrdn promoted to FTSE 100 UK's top stock market index also sees 'yo-yo' firm Harbour Energy drop out again Insider UK · Dec 1, 2022
Harbour Energy knocked off FTSE 100 while Abrdn returns The FTSE Russell Group’s quarterly review sees Harbour Energy drop to the FTSE 250, along with Dechra Pharma and Intermediate Capital Group. The Independent UK · Nov 30, 2022
Huge carbon capture pipeline project takes major step towards consenting stage Harbour Energy's Viking CCS plan could be put before the planning inspectorate early next year Birmingham Post · Nov 28, 2022
Weir and abrdn set to rejoin FTSE 100 Meanwhile, Harbour Energy looks likely to fall out of the top group of London-listed businesses Insider UK · Nov 22, 2022
UK’s largest oil and gas producer warns against tougher windfall tax Harbour Energy says higher levy and extended timeline will deter investment despite profits bonanza The Guardian - UK · Nov 3, 2022
ABP and Harbour Energy partner to provide CO2 import gateway at Immingham for South Humber CCS plans Agreement furthers the port as the 'epicentre of the UK decarbonisation agenda' according to CEO Henrik Pedersen Birmingham Post · Oct 24, 2022
West Burton partners with Harbour Energy's Humber carbon capture and storage project Gas-fired power plant exploring engineering requirements to deal with emissions Birmingham Post · Oct 17, 2022
V for Viking - South Humber Net Zero project renamed to emphasise carbon capture role Harbour Energy's huge South Humber project has a new name Birmingham Post · Oct 13, 2022
Daily Mirror · Aug 25, 2022 Energy boss on £6m will get £770,000 payday in October as Brits' bills rocket Linda Cook is benefitting from an £84m interim dividend announced by Harbour Energy today as its profits rose 1,100% to almost £1.3billion in the first half of 2022
Evening Standard · Aug 25, 2022 North Sea oil giant’s huge profit set to fuel fresh row Hike just hours ahead of announcement of unprecedented rise in domestic gas and electricity bills
The Guardian - UK · Aug 25, 2022 Harbour Energy defends extra investor payout after 12-fold rise in profits North Sea’s biggest oil and gas producer enjoys jump in fossil fuel prices following invasion of Ukraine
The Guardian - UK · Aug 20, 2022 Has the energy price cap had its day? This week’s widely feared increase will fuel growing debate in the UK about how well the policy is working
The Guardian - UK · Jul 20, 2022 BP admits windfall tax will not affect its North Sea investments after all Executive tells MPs new clarity on levy’s December 2025 end date means it no longer needs to review investments
The Guardian - UK · Jun 19, 2022 Windfall tax ‘seriously flawed’, says North Sea oil and gas producer Harbour Energy lobbies Rishi Sunak for changes to profits levy because of impact on smaller firms
Birmingham Post · Jun 17, 2022 Humber Zero launches supplier event with engineering and construction focus Phillips 66 and VPI Immingham will welcome Worley and Harbour Energy to North Lincolnshire event
The Independent UK · May 27, 2022 FTSE rises despite weight of windfall tax on oil companies The index notched up its best week for more than two months.
The Guardian - UK · May 11, 2022 North Sea oil and gas bosses get combined £25m pay rise Pay package included a £4.6m ‘golden hello’ for CEO of the sector’s largest operator, Harbour Energy’s Linda Cook
Birmingham Post · May 11, 2022 First gas confirmed at Tolmount as significant new North Sea supply emerges at critical time Harbour Energy estimates upwards of five per cent increase to UK production
Birmingham Post · Apr 25, 2022 Huge carbon capture project launches planning consultation on 53km cluster pipeline to North Sea storage V Net Zero is a £500 million investment led by Harbour Energy linking the Immingham cluster with depleted gas fields