The largest oil producer in the North Sea is increasing its oil investments and may continue on this path next year. The decision is directly linked to the tax on wind turbine profits, after it was vociferously demanded a year ago due to the energy crisis.
Why is this important?In recent years, most energy policies introduced around the world (in the West, anyway) seem to discourage investment in dirty energy. Yet, on closer inspection, some texts have the opposite effect. When anti-fossil taxes shift in favor of fossil fuels, Big Oil benefits.
In news : Harbor Energy will invest heavily in oil production.
- This Thursday, Harbor Energy announced that it is increasing its investments in the North Sea to produce more oil.
- British Oil wants to make the most of the current rules before Labor returns to power.
How is that possible?
The details : It is confirmed for 2023 and possible for 2024.
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