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U.K. lawmakers pass windfall tax on oil and gas producers

Jul. 11, 2022 6:56 PM ETBP p.l.c. (BP) Stock, SHEL StockSSEZY, DRXGF, CPYYF, SSEZF, DRXGYBy: Carl Surran, SA News Editor185 Comments

Houses of Parliament in London

luoman/E+ via Getty Images

The British House of Commons approved a 25% windfall tax on oil and gas producers in the U.K. North Sea on Monday, overcoming criticism from oil and gas companies that said the tax would

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