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Cameron’s floods response? Drill baby, drill!
The flood-waters are slowly receding. Communities across the country are still struggling to regain a sense of normality after the wettest winter on record. Questions are being raised about extreme weather in the UK, how prepared we are to deal with it, and whether or not this is a taster of things to come. You’re…
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13 May 2013 annaThe battle of definitions: ‘no subsidies for the oil industry’
The oil and gas industry enjoys no subsidy from government, nor are we asking for any. – said last week by Oil&Gas UK CEO Malcolm Webb at the Oil Politics conference at Aberdeen University (I should mention that there were several more substantial conversations at this conference that I will take a little time to write…
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Osborne’s tax breaks for North Sea oil and a Thatcherism flashback
Back in the 70s, the UK and Norway took two very different approaches to the roughly equal share of North Sea oil and gas that they had within their territorial waters. With state-owned oil company Statoil at the helm, Norway cautiously put aside profits and levies from other oil companies operating within its fields into…
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Death knell or crying wolf?
This briefing by Platform and Greenpeace examines George Osborne’s changes to North Sea tax, and how the oil industry might not have it as bad as they are making it out to be. It then considers ways in which the Chancellor may respond to the industry’s campaign against the changes.
