The potential effects of the Energy Profits Levy (windfall tax) on investment in the UK Continental shelf: The EPL makes upstream oil and gas developments unattractive under a range of scenarios

Alexander Kemp, Jesus Arturo Regalado Ruiz De Chavez

Research output: Contribution to specialist publicationArticle

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The Energy Profits Levy (EPL) was introduced by the UK government May 26 2022 to tax profits of oil and gas companies operating in the UK Continental Shelf (UKCS)> The tax involved a temporary 25% levy on oil and gas profits in the North Sea.
Original languageEnglish
Number of pages2
VolumeSpring 2023
Specialist publicationOffshore Energies Magazine
Publication statusPublished - 25 Apr 2023


  • windfall tax
  • Energy Profits Levy
  • UKCS
  • energy
  • offshore taxation

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