Petition · past parliament
Impose a windfall tax on the oil & gas industry
Rejected
13 signatures
What the petition asks
While the likes of Shell and BP make colossal profits, consumers face huge bills. The solution is morally and economically clear - impose a windfall tax on the oil & gas industry
Over the past year the huge rise in global oil and gas prices has provided oil and gas companies with vastly expanded profits. BP has just announced 2021 profits of £9.5bn (compared with a loss of £4.2bn the year before) and Shell £14bn (a four-fold increase). If these additional profits were taxed, the revenues could be used to help reduce energy bills for hard-pressed consumers.
Why it was rejected
There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.
We have published the following petitions, which you might like to sign:
Tax 50% of the Energy Companies profits to help households pay bills: Tax 50% of the Energy Companies profits to help households pay bills.
Fund payments to energy customers to cover price rises by taxing oil companies: Fund payments to energy customers to cover price rises by taxing oil companies
Tax 50% of the Energy Companies profits to help households pay bills: Tax 50% of the Energy Companies profits to help households pay bills.
Fund payments to energy customers to cover price rises by taxing oil companies: Fund payments to energy customers to cover price rises by taxing oil companies
Timeline
| 20 Feb 2022 | Petition opened for signatures |
| 23 Feb 2022 | Rejected by the Petitions Committee |
Key facts
Signatures
13
Status
Rejected
Rejected
23 Feb 2022
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Source: the official petition page. Last checked 15 Jul 2026.