Chancellor of the Exchequer Jeremy Hunt is weighing proposals to extend the UK’s windfall tax on the profits of oil and gas companies as one of several revenue-raising options under consideration to help finance personal tax cuts at his budget next week.
Tanzania is delaying key agreements needed to realize a $42 billion liquefied natural gas plant, slowing a project that developers Equinor ASA and Shell Plc warn has limited time to become a reality before demand for fossil fuels begins to wane.
Australia’s Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of liquefied natural gas (LNG) to Korea.
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