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The Latest Breaking News from North Sea

The Observer view on the urgent need for a windfall tax on the energy giants

Even bosses of Britain’s oil and gas companies admit they hardly know what to do with record-breaking profits

The Guardian - UK

Like a phone dropped in the North Sea, Vardy v Rooney is full of absolute gold

The lost mobile could have explained it all, the jaw-dropping quotes, the battle of the outfits … the only ones benefiting from this libel case are the rubberneckers, says Guardian columnist Marina Hyde

The Guardian - UK

A windfall tax on North Sea oil and gas: what have ministers said so far?

Despite Labour’s idea being criticised as ‘disastrous’, Rishi Sunak has said nothing is off the table

The Guardian - UK

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Rebekah Vardy reduces courtroom to laughter when questioned about phone in North Sea

Mrs Vardy’s agent Caroline Watt was unable to supply her messages because her phone had “fallen into the North Sea"

Liverpool Echo

Energy prices: what is a windfall tax and how would it work?

All you need to know about a possible one-off levy on North Sea energy profits

The Guardian - UK

Rishi Sunak plans North Sea oil windfall tax to ease cost of living crisis

The Chancellor is reported to have ordered officials to look at the Labour plan to impose a one off tax on the massive profits generated in the North Sea.

Daily Record

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

The Guardian - UK

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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

Windfall tax on North Sea oil and gas could raise £2bn, says Labour

Forecast outstrips previous estimate as booming profits for energy firms would net more cash for struggling UK households

The Guardian - UK

A North Sea oil windfall tax won’t raise much but every little bit helps

Tesco’s boss says oil producers are unfazed by a one-off levy to help households pay energy bills

The Guardian - UK

Rebekah Vardy had 'no knowledge' agent's phone fell into North Sea

Rebekah Vardy's agent and friend Caroline Watt’s phone fell into the sea after a boat she was on hit a wave

Liverpool Echo

Mystery of phone in North Sea could hold key to ‘Wagatha Christie’ case

Coleen Rooney enters libel trial brought by Rebekah Vardy without disclosure of lost evidence

The Guardian - UK

‘Don’t tax energy giants – they invest in Britain’s future.’ Let’s drill down into that

North Sea developments aren’t about lowering bills or securing energy supplies – they’re just business as usual, says Tessa Khan, director of Uplift UK

The Guardian - UK

Wednesday briefing: Would a windfall tax on BP’s soaring profits work?

In today’s newsletter: Nimo Omer breaks down BP’s enormous profits, and why some are calling for a windfall tax amid a cost of living crisis nationwide

The Guardian - UK

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The Guardian - UK

Windfall tax wouldn’t stop BP’s £18bn parade of projects

Neither would it make the energy crisis go away, but after a while it becomes hard to resist

The National (Scotland)

Protesters arrested at Scottish oil terminal climate protest, Police Scotland say

A NUMBER of climate protesters who blockaded an oil terminal have been arrested, police have said.

The Independent UK

Protesters arrested at oil terminal climate protest, Police Scotland say

Chief Superintendent Lynn Ratcliff said on Tuesday evening a ‘number of people who decided not to cooperate have subsequently been arrested’.

The Guardian - UK

Just Stop Oil blockades terminal in Glasgow in first Scottish action

Demonstrators stage dawn protest at plans for new oil and gas fields in North Sea off Scotland’s coast

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Insider UK

Windfall tax calls intensify as BP reports highest profit in a decade

In a bid to steer off criticism, the oil and gas giant stated it would be paying around £1bn in taxes this year

Glasgow Live

Glasgow police on the scene of Clydebank oil protest as activists blockade terminal

Activists are holding a peaceful protest against the current energy crisis that is 'pushing people into poverty' at an oil terminal in Clydebank and are calling for action by the UK Government.

The Guardian - UK

High energy prices leave oil giants untroubled by Russia exit or tax hints

BP and Shell are expected to report increased profits this week despite taking a big hit from the war in Ukraine

The Guardian - UK

Oil and gas industry defends North Sea spending levels as Kwarteng urges more

Business secretary calls for increased investment by energy producers to avoid being hit with tax on soaring profits

The National (Scotland)

Scotland's missed oil opportunity revealed amid cost-of-living crisis

SCOTLAND'S missed oil opportunities are under the spotlight as campaigners call for Rishi Sunak to nationalise UK energy.

Insider UK

Shell fined £50,000 by North Sea regulators

Energy giant served with sanction notice for breaching five oil field consents

The Guardian - UK

How would a UK windfall tax on oil and gas profits work?

Analysis: Sunak hints Labour proposal ‘not off the table’ but criteria suggests very few firms would be penalised

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