Profits ‘all but wiped out’ by windfall tax, says oil giant Harbour Energy

Profits ‘all but wiped out’ by windfall tax, says oil giant Harbour Energy

The company has said it plans to cut jobs and investment due to the Energy Profits Levy which was put in place last May.

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@PoliticsVeteran

@RobinHa31517993 @Cassiega1959 @ianjfitch @Liverpoolshell Sure the then govt threw in a few trinkets, minimum wage… https://t.co/JdQISktfBg

Posted on: 2023-03-18 10:34

@JackAda07710351

Crazy number of bot limit orders at 2 $ddx #ddx per 0.0001. They all will be wiped out instantly when $btc #btc pro… https://t.co/d6hLnsDF2N

Posted on: 2023-03-17 21:32

@CT9397

@NikkiHaley In a capitalist economy like ours, shareholders get all the profits but also bear all the risk and in t… https://t.co/dZuVNCPMHY

Posted on: 2023-03-17 14:29

@Inclamiente

@OwenJones84 Nazis capped corporate profits. Nazis "privatized" state firms in the hands of party members to increa… https://t.co/cZz6Rg6V1z

Posted on: 2023-03-16 09:13

@marketischoppy

@AlderLaneEggs this overblown. this is the case on any brokerage platform. $SIVB exists no more. all share holders… https://t.co/VeyH0ktYQ8

Posted on: 2023-03-15 06:02

@peterpen33

RT @SkyNews: The North Sea oil, the biggest producer of oil and gas in the North Sea, has reported that the government's energy profits lev…

Posted on: 2023-03-14 22:52

@fjerome11

@WillOremus @_waleedshahid when people say that shareholders are "wiped out", do they mean they lost all the record… https://t.co/H58CPBAa3H

Posted on: 2023-03-14 16:11

@SallyAnneMarch

This is insane! This will haste the end of humanity for the sake of fossil fuel firms' profits. What use profits wh… https://t.co/ZBh9v2NuSi

Posted on: 2023-03-14 15:55

@swaroop_g1

@madhurchadha Investors are not wiped out tho. The govt just backstopped all deposits. They didn’t buy the bank.… https://t.co/5VWJrIIInZ

Posted on: 2023-03-14 08:02

@Tartan1320

RT @JimmyBobThonton: @AndrewBowie_MP Harbour Energy are the biggest operator in the North Sea. Your government has just wiped out all profi…

Posted on: 2023-03-14 00:44

@David54596039

@JackPosobiec This bank is out of business, investors wiped out. The bank did not have "losses"; it was solvent but… https://t.co/APuPZ3FkL7

Posted on: 2023-03-13 23:54

@lilminxem

RT @PoliticsPollss: The North Sea’s biggest producer has hit out at the windfall tax on oil and gas companies after claiming a near 700% su…

Posted on: 2023-03-13 18:01

@brett_eth

We just witnessed the biggest bank failure in nearly a century, and the market wiped out all losses in one day. Bas… https://t.co/tMuOeWZug0

Posted on: 2023-03-13 15:38

@sandarigi

@APompliano Is it the banks that responsibly managed risk that are down? Since, you know, their responsibility on… https://t.co/vyM0ZR3lfJ

Posted on: 2023-03-13 12:27

@FZucchi

2/ Contrary to the many tweets waxing poetic ~ moral hazards, privatizing profits/socializing losses, & other click… https://t.co/5tvgepAkLk

Posted on: 2023-03-13 03:44

@aeleeds

@NicolasDVillar1 the banks assets are good and large enough to cover all of the deposits, they just had a liquidity… https://t.co/TsXuZOmpD9

Posted on: 2023-03-12 23:58

@DanQCarruthers

@DougDunklin @el_raul @ksorbs A) she didn’t make the claim and b) the claim isn’t that humanity will be wiped out i… https://t.co/eEyYoDjVXx

Posted on: 2023-03-12 22:57

@TheBitcoinTroy

Guys - this is an easy fix: 1). Management & Board bonus / equity sale clawbacks for 24 months on all realized pro… https://t.co/TEZ6o1wE5H

Posted on: 2023-03-12 19:23

@Cheakychip77

@Uncle_Albert_ @Lordflashh3art Id wager my house that thats a load of crap too for what its worth… record breaking… https://t.co/tOrc6c4WUw

Posted on: 2023-03-12 14:37