Capricorn Energy plc reported a total $4,339,000 payments during 2022 to governments for its oil and gas assets. The company paid $2,503,000 to Mexico; £264,000 to the UK; £1,515,000 to Mauritania; and $57,000 to Israel. Payments are for licence fees and also include £4,000 taxes in the UK.
Tag: Mexico
Harbour to cut UK investment and jobs
Harbour Energy plc said that increased UK tax rates on oil and gas had prompted it to reduce its future activity and investment in the country, including job cuts, and plan more international growth. DECREASED EXPENDITURE In the company’s unaudited trading and operations report for the year ended 31 December 2022, chief executive Linda Cook […]