1-7 of 7 results for subject:"Ithaca Energy"
Librarians' tools
- Search time
- 0.23 seconds
- Solr query time
- 0.001 seconds
- Search query
- subject:"Ithaca Energy"
- We searched for
- subject_t:"Ithaca Energy" OR subject_ses:489925
Type
House
Session
Year
Department
Member
Primary member
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the suitability of Ithaca Energy developing on Rosebank oil field.
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the suitability of Ithaca Energy developing on Rosebank oil field.
The NSTA is responsible for suitability checks of license-holders, including their technical and financial capability.
The Secretary of State is responsible for determining whether to agree to the grant of consent for development of the project under the Environmental Impact Assessment regulations for offshore oil and gas, and will make a decision in due course.
To ask the Chancellor of the Exchequer, whether (a) Equinor and (b) Ithaca have received (i) investment tax credit and (ii) ringfence expenditure supplement in connection to Rosebank oil field development in the period leading up to January 2025.
To ask the Chancellor of the Exchequer, whether (a) Equinor and (b) Ithaca have received (i) investment tax credit and (ii) ringfence expenditure supplement in connection to Rosebank oil field development in the period leading up to January 2025.
It is a long-standing convention that the government does not discuss individual taxpayers, and so the government cannot discuss the amount of tax relief available to individual companies in relation to the oil and gas fields they may have a commercial interest in.
The Office for Budget Responsibility’s (OBR) most recent forecast of tax revenues from the oil and gas sector was published at Autumn Budget 2024 in the Economic and Fiscal Outlook October 2024 (https://obr.uk/efo/economic-and-fiscal-outlook-october-2024/), which also includes other economic projections. The OBR’s tax revenue forecast does not give a breakdown by field or company to protect taxpayer confidentiality but takes into account the impact of relevant, available tax reliefs.
Where data is available, estimates of the cost of tax reliefs available to oil and gas companies are published on gov.uk (https://www.gov.uk/government/collections/tax-relief-statistics). This publication contains non-disclosive estimates of the number of claimants for each relief.
To ask the Chancellor of the Exchequer, whether her Department has budgeted for any (a) investment tax credit and (b) ringfenced expenditure supplement to be paid to (i) Equinor and (ii) Ithaca in connection to Rosebank oil field development after February 2025.
To ask the Chancellor of the Exchequer, whether her Department has budgeted for any (a) investment tax credit and (b) ringfenced expenditure supplement to be paid to (i) Equinor and (ii) Ithaca in connection to Rosebank oil field development after February 2025.
It is a long-standing convention that the government does not discuss individual taxpayers, and so the government cannot discuss the amount of tax relief available to individual companies in relation to the oil and gas fields they may have a commercial interest in.
The Office for Budget Responsibility’s (OBR) most recent forecast of tax revenues from the oil and gas sector was published at Autumn Budget 2024 in the Economic and Fiscal Outlook October 2024 (https://obr.uk/efo/economic-and-fiscal-outlook-october-2024/), which also includes other economic projections. The OBR’s tax revenue forecast does not give a breakdown by field or company to protect taxpayer confidentiality but takes into account the impact of relevant, available tax reliefs.
Where data is available, estimates of the cost of tax reliefs available to oil and gas companies are published on gov.uk (https://www.gov.uk/government/collections/tax-relief-statistics). This publication contains non-disclosive estimates of the number of claimants for each relief.
To ask the Secretary of State for Energy Security and Net Zero, what discussions he has had with (a) Equinor, (b) Shell, and (c) Ithaca Energy on the regulatory process for reassessing the environmental impact of the (i) Rosebank and (ii) Jackdaw fields.
To ask the Secretary of State for Energy Security and Net Zero, what discussions he has had with (a) Equinor, (b) Shell, and (c) Ithaca Energy on the regulatory process for reassessing the environmental impact of the (i) Rosebank and (ii) Jackdaw fields.
Details of Ministers’ meetings with external individuals and organisations are published quarterly in arrears on GOV.UK.
To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 10 January 2025 to Question 21077 on Ithaca Energy: Occupied Territories, if she will make an assessment of the potential implications for his policies of reports that the Rosebank oil field’s minority owner...
To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 10 January 2025 to Question 21077 on Ithaca Energy: Occupied Territories, if she will make an assessment of the potential implications for his policies of reports that the Rosebank oil field’s minority owner...
There are no current plans to make such assessment.
We routinely update our guidance to British businesses on the Overseas Business Risk website.
We advise British businesses to bear in mind the British Government's view on the illegality of settlements under international law when considering their investments and activities in the region.
To ask the Secretary of State for Energy Security and Net Zero, whether he has had discussions with the Foreign Secretary about the potential implications for his Department’s policies of reports the Rosebank oil field’s minority owner is owned by a firm operating in the Occupied Palestinian Territories.
To ask the Secretary of State for Energy Security and Net Zero, whether he has had discussions with the Foreign Secretary about the potential implications for his Department’s policies of reports the Rosebank oil field’s minority owner is owned by a firm operating in the Occupied Palestinian Territories.
My Rt hon Friend the Secretary of State has regular discussions with Ministerial Colleagues on a number of issues.
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the compatibility of the Abigail fossil fuel development proposed by Ithaca Energy, with the UK’s target to achieve net zero by 2050.
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the compatibility of the Abigail fossil fuel development proposed by Ithaca Energy, with the UK’s target to achieve net zero by 2050.
All previously licensed fields are accounted for in terms of projected production and estimated emissions and the Government is confident that they can be developed, even as the UK seeks to achieve its commitment to net zero by 2050.