After a history of ad hoc changes, the UK government must implement a more predictable tax regime that provides greater long-term stability to the North Sea oil and gas sector, as soon as possible, according to new analysis by Wood Mackenzie.
NSTA: UK 2P reserves fall to 2.5 Bboe as no exploration wells were drilled in 2025
The North Sea Transition Authority's annual reserves report puts UK proven and probable oil and...
