After braving high-level market volatility in Britain’s biggest IPO of the year, North Sea oil and gas producer Ithaca Energy warned that any further boost to a UK windfall tax would render the aging basin uneconomical as an energy crisis engulfs Europe. “The government has structured the EPL in a very thoughtful manner to continue to promote investment in the North Sea [...],” Ithaca Chairman Gilad Myerson told Reuters on Wednesday, the day the company went public. However, Myerson continued, if the windfall tax is…
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