Business

Harbour Energy, one of the UK’s biggest oil and gas producers, has told staff it plans to cut jobs this year in response to an increase in windfall taxes on fossil fuel companies.The company is starting a consultation as it reassesses its activities in the…

Faust suffered eternal damnation for dealing with a malignant power. Germany is severing its energy dependency on Russia more affordably with billions in losses and fresh investment. The latest instalment is BASF’s €7.3bn writedown of its stake in Wintershall DEA, originally a hydrocarbons joint venture…

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