oil industry taxation UK – The Milli Chronicle

Wednesday, November 26, 2025

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UK Announces Plan to Lower Household Energy Bills by £150 a Year Starting 2026
Global Markets Expected to Post Moderate Gains in 2026 as Analysts Warn of Slowing Momentum
Small U.S. Retailers Brace for Holiday Disruptions as Tariffs on China Trigger Supply Chaos
UK Fiscal Watchdog’s Early Budget Release Overshadows Reeves’ Major Speech
Pope’s Visit Brings Renewed Attention to Lebanon’s Forgotten Psychiatric Patients

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NewsDesk Milli Chronicle November 26, 2025November 26, 2025 British energy policy, climate transition UK, energy security Britain, fossil fuel regulation UK, North Sea energy sector, North Sea investment outlook, offshore drilling Britain, oil and gas licences Britain, oil industry taxation UK, UK energy taxes, UK environmental policy, UK gas production, UK government energy strategy, UK oil policy, windfall tax UK

UK Allows Limited New Oil and Gas Output While Keeping Existing Tax Regime

London – The UK government has confirmed that it will permit new oil and gas production only when it is