Eldorado Posted March 5 #1 Share Posted March 5 Profits at Britain's biggest North Sea oil and gas company are set to rocket 750 per cent after the surge in energy prices. Harbour Energy is expected to have made £2.2 billion before tax last year, up from £260 million in 2021, according to City forecasts compiled by Refinitiv. The profit surge at the firm – the biggest producer in the North Sea – has been driven by soaring oil and gas prices since Russia's invasion of Ukraine, which also sent household bills rocketing. But the company is braced to take a significant hit from the Government's windfall tax. https://www.msn.com/en-gb/money/other/profits-at-britain-s-biggest-north-sea-oil-and-gas-company-set-to-rocket-750-after-surge-in-energy-prices/ar-AA18dR7P? Link to comment Share on other sites More sharing options...
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