BUSINESSFINANCIAL TIMES WORLD
UK North Sea oil companies look overseas for growth
UK North Sea oil companies are seeking growth opportunities overseas due to high taxes and unpredictable politics in Britain. They are allocating three times more investment to international deals compared to domestic projects.
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- North Sea oil industry urges Burnham to approve new drilling in UK waters
- Burnham faces Britain's overseas business woes
- New North Sea oil drilling faces delay after gear accidentally dropped in sea
- Rachel Reeves admits Britain SHOULD get more oil and gas out of the North Sea as she says Government is looking at 'quickest way' to boost supplies
- We're sitting on a goldmine! North Sea oil hits record high. So WHY won't Red Ed drop his Net Zero madness and back new drilling to give Britain a boost?