David Whitehouse, chief government of marketplace team Offshore Energies British isles, reported common uncertainty and also the windfall tax had “meant that to date this yr we are at historic lows for wells drilled inside the North Sea and that fundamentally usually means we're not observing the investment decision which the sector requirements”.
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Asian shares crept cautiously larger on Monday, though the greenback and bond yields were being to the wane forward of inflation details that traders hope will pave the best way for fee cuts in The usa and Europe.
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‘persons are walking absent’: United kingdom windfall tax hits North Sea oil expense on whatsapp (opens in a brand new window)
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