Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
The death knell for UK energy security
The end of Grangemouth and Lindsey oil refineries marks a worrying trend across Europe amid cost and transition pressures
EU faces tough task following Japan LNG model
The bloc may find it very difficult to replicate Japan’s approach due to fundamental differences in policy and markets
Europe’s hard choices on gas security
EU half measures over storage regulation, geopolitical risks to ending Russian gas, power outage questions and China’s LNG resale leverage make for a challenging path ahead.
LNG importers decry EU methane rules
Industry says compliance is near-impossible and have called for more clarity to prevent cargoes being redirected
EU and UK look to security beyond gas
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
Can the UK take its foot off the gas?
While the government might complain about the vicissitudes of the international gas market, the UK's transition away from the fuel is fraught with challenges
Hydrocarbon Processing Refining Databook 2025: Europe, Russia & CIS
EU net-zero polices have shifted refining investment among member states, while across the region countries and companies continue to adjust to changes in trade flows caused by the war in Ukraine
The case for easing EU gas storage rules
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
Europe faces perilous year without Ukraine gas transit
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
Turkey shows Europe its gas hand
Country offers to boost gas exports to Europe to 10bcm/yr, but serious questions remain
Kistos to explore outside of UK and Dutch jurisdictions
Tax Kistos EU UK Netherlands
Peter Ramsay
18 January 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Kistos looks elsewhere after tax raids

The North Sea-focused producer is unimpressed by UK, Dutch and EU legislation

UK-listed independent Kistos “is actively evaluating opportunities outside of the UK and Dutch jurisdictions” after a triple hit from so-called windfall taxes. The scale and manner of tax changes in the Netherlands—with Cjins and EU Solidarity tax—and in the UK—with the Energy Profits Levy (EPL)—have made investment decisions more challenging for the firm’s board, it warns. Cijns is a fee on turnover generated from oil and gas production in the Netherlands. The Dutch government plans a temporary rate of 65pc to apply to turnover specifically generated from the sale of gas at a price higher than €0.50/m³ during 2023 and 2024. For 2022, the Dutch response to the EU’s solidarity contribution de

Also in this section
The death knell for UK energy security
7 July 2025
The end of Grangemouth and Lindsey oil refineries marks a worrying trend across Europe amid cost and transition pressures
Petroleum Economist: July/August 2025
3 July 2025
The July/August 2025 issue of Petroleum Economist is out now!
Middle East Gas Conference 2025
2 July 2025
The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
New Zealand backs gas, but results take time
30 June 2025
Government is sending out the right policy signals to support increased domestic gas development, but policy takes time to implement and even longer to yield results

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search