Written Statement·Commons·Treasury·HCWS584
Oil and Gas Decommissioning Relief Deeds
8 April 2025
James Murray
The Exchequer Secretary to the Treasury
Labour (Co-op)
Statement
The government’s fiscal approach for oil and gas aims to balance encouraging investment with ensuring a fair return for the nation in exchange for the use of its resources. Currently, inclusive of the temporary Energy (Oil and Gas) Profits Levy, companies...