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HomeTax

Tax

ESG
ESG

ESG’s green promise doesn’t hold up to a forensic deep dive

June 22, 2023 Mariel Alumit

Two years ago, efforts by climate activists and Environmental, Social, and Governance (ESG) investors to block investment in oil and gas production by Western companies appeared to have received a seal of approval from no […]

energy
Political

Clean energy sector debates impact of GOP efforts to repeal tax credits

June 20, 2023 Mariel Alumit

Republican attacks on the Inflation Reduction Act’s clean energy tax credits may be negatively impacting the sector, some industry players and experts say. They say the GOP’s efforts to eliminate the subsides risks creating uncertainty […]

UK
Climate Crisis

Rising costs and UK tax hike deal a death blow to North Sea oil project

June 20, 2023 Mariel Alumit

The increased windfall tax in the UK on oil and gas producers’ profits combined with the rise in capital costs for the development of what is seen as one of North Sea’s largest undeveloped oil […]

Power
Electrical Generation / Utilities

Power-Sector Pollution Targeted by New Regulations from the US Environmental Protection Agency

June 19, 2023 Mariel Alumit

This spring, the US Environmental Protection Agency (EPA) has announced three regulations that affect the US power sector. All three would fulfill directives in the Clean Air Act. Of the three, EPA first released the […]

Trudeau
Energy Policy

Trudeau’s Nasty And Moronic Plan To Fight Fire With Carbon Taxes

June 19, 2023 Mariel Alumit

Canadian Prime Minister Justin Trudeau [pictured] may not be a particularly moral creature, but he is smart. Having watched part of Canada catch fire and burn for six weeks – no doubt largely at the hands of […]

Oil
Crude Oil News

UK Government Announces New Oil and Gas Tax Changes

June 12, 2023 Mariel Alumit

The UK government has announced new oil and gas tax changes, which it says are set to protect energy security and British jobs. In a statement posted on its website, the government noted that the […]

Alternative Investments

Owner of Two of San Francisco’s Largest Hotels Pulling Out of City: ‘Path to Recovery Remains Clouded’ – Consumer energy prices to rise with lower revenue for power companies.

June 11, 2023 Mariel Alumit

ENB Pub Note: As revenue resources for energy companies dwindle, they have to spread the costs to other customers. California rate regulations allow all costs to be passed on to consumers for the energy transition […]

Energy
Hydrogen

Constellation Energy hits pause button on massive US nuclear hydrogen power plan

June 5, 2023 Mariel Alumit

Constellation Energy Corp. has announced that it is placing its $1 billion nuclear hydrogen plan on hold – and could be scrapping it completely – as it waits to find out if the US government […]

GAZPROM
Exploration and Production

GAZPROM 2022 NET PROFIT FALLS 40% ON TAX HIKE, FULL-YEAR DIVIDEND SCRAPPED

May 23, 2023 Mariel Alumit

MOSCOW, May 23 (Reuters) – Gazprom’s net profit fell more than 40% to 1.226 trillion roubles ($15.77 billion) last year due to a tax hike in the second half of the year, the Russian energy […]

Oil
Alternative Investments

Wildcatting in the Oil Industry vs. Shielding Wealth Out-of-the-Box Tax Strategies for Young Entrepreneurs

May 22, 2023 Mariel Alumit

Introduction: In the world of oil exploration, wildcatters are known for their daring and ambitious spirit as they search for untapped oil reserves. Similarly, young entrepreneurs who’ve recently sold their businesses often face a different […]

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