The UK could produce nearly twice as much oil and gas over the next 25 years from its aging North Sea basin compared to current projections, if fiscal and regulatory regimes change, according to an industry lobby group.
The UK could produce nearly twice as much oil and gas over the next 25 years from its aging North Sea basin compared to current projections, if fiscal and regulatory regimes change, according to an industry lobby group.
Faster reform of the UK’s North Sea windfall tax could significantly cut reliance on LNG imports, the industry lobby group said, as war in the Middle East highlights energy supply vulnerabilities.
Faster reform of the UK’s North Sea windfall tax could significantly cut reliance on LNG imports, the industry lobby group said, as war in the Middle East highlights energy supply vulnerabilities.
Faster reform of the UK’s North Sea windfall tax could significantly cut reliance on LNG imports, the industry lobby group said, as war in the Middle East highlights energy supply vulnerabilities.
Faster reform of the UK’s North Sea windfall tax could significantly cut reliance on LNG imports, the industry lobby group said, as war in the Middle East highlights energy supply vulnerabilities.
The UK government will stick with a controversial windfall tax for North Sea oil and gas producers until the end of the decade, dismissing complaints that the levy hurts investment and jobs.
The UK government will stick with a controversial windfall tax for North Sea oil and gas producers until the end of the decade, dismissing complaints that the levy hurts investment and jobs.
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