According to new analysis by Wood Mackenzie, the UK government must create a more predictable tax regime for the North Sea oil and gas sector to ensure long-term stability. After a history of ad hoc changes, the need for a clear tax framework has become urgent.
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...
