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flag UK oil firm Harbour Energy reports massive loss due to new energy tax, shares hit record low.

flag Harbour Energy, a UK oil and gas company, reported a significant loss in 2024 due to increased taxes from the UK's energy profit levy. flag Shares hit a record low as the company's tax bill nearly tripled to $1.31 billion. flag Despite the financial hit, Harbour Energy plans to focus on expanding production and reducing the $4.42 billion debt incurred from recent acquisitions.

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