'War windfall': North Sea oil and gas giants enjoy £73bn share value surge

James Murray
clock • 4 min read
'War windfall': North Sea oil and gas giants enjoy £73bn share value surge

Greenpeace analysis reveals how oil and gas companies are set to profit from spike in fossil fuel prices, as campaign urges government to maintain windfall tax

The five largest North Sea oil and gas companies have seen their valuations rise by £73bn since the start of the Iran War, as their share prices have climbed sharply alongside the spike in fossil fuel...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Miliband poised to ramp up net zero plans

Gas generation falls as wind farms set new quarterly generation record

More on Energy

Europe's electrification push exposes gaps in grids and policy
Energy

Europe's electrification push exposes gaps in grids and policy

Setting direction is the easy part - actually building an electrified, clean power system is far harder writes, We Mean Business CEO María Mendiluce

María Mendiluce, We Mean Business
clock 20 April 2026 • 4 min read
Global Briefing: China signals intent to double clean energy by 2035
Energy

Global Briefing: China signals intent to double clean energy by 2035

Plus: EU eyes electricity tax cuts, Japan's emissions hit record low, and island nations call for a 'fossil free Pacific', in our weekly round up of green business news from around the world

James Murray
James Murray
clock 17 April 2026 • 5 min read
How can companies make 100 per cent renewables a reality?
Energy

How can companies make 100 per cent renewables a reality?

With fossil fuel energy prices soaring, consumers and businesses are increasingly turning to clean technologies to drive down costs - BusinessGreen's latest Spotlight webinar explores how firms can navigate the switch to 100 per cent renewables

Michael Holder
Michael Holder
clock 17 April 2026 • 12 min read