Britain is reconsidering its 78% tax rate on North Sea oil and gas production after slower investment and industry concerns. The move could reshape future energy investment and production in the region.
Posts tagged as “offshore drilling”
by Kaley Drill, baby, drill! In a bold move, President Trump reversed Joe Biden’s last-minute ban on future offshore drilling by directing Interior Secretary Doug Burgum to…
By Adam Peters President Joe Biden raised eyebrows this week when he signed a sweeping executive order which prohibits drilling in more than 625 million acres of…
By GABRIELLE REYES China recently completed deep-sea drilling to obtain sediment core in an undisclosed location in the South China Sea, Chinese state media reported Thursday. Chinese scientists…