questionText: To ask the Chancellor of the Exchequer, when her Department plans to respond to the consultation on the Oil and gas price mechanism, which closed on 28 May 2025.
answerText: The government is committed to providing long-term certainty to the oil and gas sector over the future fiscal regime. That is why the Oil and Gas Price Mechanism consultation, published on 5 March 2025, explored proposals for how the tax system should res...
heading: Natural Gas and Oil: Prices