Home › North Sea Oil sees investment dwindle under regulation change
 

Keywords :   


North Sea Oil sees investment dwindle under regulation change

2014-07-18 17:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Investment in North Sea Oil has been stifled due to ongoing changes to regulation regarding how the firm operates, a report has stated. The report, by business advisory firm Deloitte, has said many companies may be applying a wait and see policy before committing funds as the industry goes through major regulation changes. The changes derive from rising production costs, with an intent to maximise profit for the UK oil and gas industry. The Oil and Gas Authority, a new regulator still...

Tags: change north sea investment

Category:Electronics and Electrical

Latest from this category

All news
»
28.09Post-Tropical Cyclone Helene Public Advisory Number 19
28.09Tropical Storm Joyce Graphics
28.09Hurricane Isaac Graphics
28.09Hurricane Isaac Wind Speed Probabilities Number 9
28.09Hurricane Isaac Forecast Advisory Number 9
28.09Hurricane Isaac Public Advisory Number 9
28.09Summary for Hurricane Isaac (AT5/AL102024)
28.09Tropical Storm Joyce Forecast Discussion Number 3
More »