That sinking Feeling
Financial Times article by Christopher Adams, Michael Kavanagh and Chris Tighe: 25 Feb 2015
That sinking feeling
North Sea oil was a challenge before prices halved. Now the UK industry fears a fatal blow
The plunge in prices, a tax system that deters investment and a failure by producers to co-operate could lead to a wave of early field closures and accelerated moves to decommissioning.
The TRUTH will set you FREE.
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