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Harbor Energy CEO warns of lower UK investment due to windfall tax

Harbor Energy CEO warns of lower UK investment due to windfall tax

LONDON, June 21 (Reuters) – The North Sea’s largest oil and gas producer, Harbor Energy (HBR.L), has told the British government that Britain’s planned windfall tax on the energy sector will shrink the company’s investment in the country. With oil and gas prices soaring and households feeling the hit from higher prices across the board, …

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US energy chief to discuss record pump prices with refiners next week

US energy chief to discuss record pump prices with refiners next week

WASHINGTON, June 16 (Reuters) – US Energy Secretary Jennifer Granholm called an emergency meeting with refining executives for next week, a department spokesperson said on Thursday, as tensions between the Biden administration and Big Oil mount over soaring gasoline prices. The planned talks come as President Joe Biden, under pressure over record prices with inflation …

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