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Increase in U.K. Oil and Gas Tax Revenues

Latest figures from HM Revenue and Customs (HMRC) suggest oil and gas tax revenues are officially since the first time since the industry downturn “in the...

Greeks Paying €1.02 Tax for Every Liter of Gasoline they Buy

As the price of gasoline reaches an average €1.68 ($1.99) per liter in Athens and almost €2 on some islands, crisis-stricken Greeks are leaving...

Zebra Fuel raises $2.5m seed funding

The London-based startup which delivers fuel directly to vehicles, has raised $2.5 million from LocalGlobe, alongside Brent Hoberman’s Firstminute Capital, and Zoopla founder Alex...

Parkmead takes control of oil prospects

Parkmead Group has took full control of two prospects on one of its North Sea projects. Parkmead has purchased the 39.95% it did not own...

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OFTEC WELCOMES INCLUSION OF OIL IN ECO3

OFTEC has welcomed the announcement from the Department of Business, Energy and Industrial Strategy (BEIS) that oil boilers will not be excluded from the...