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North Sea oil and gas output rises but investment dries up - Telegraph.co.uk
Telegraph.co.uk | North Sea oil and gas output rises but investment dries up Telegraph.co.uk North Sea oil and gas production is on course for its second annual increase but will plummet again within a few years unless investment rises from unsustainably low levels, the UK industry body has said. Oil and Gas UK said it expected last year's 10 ... UK industry group slashes oil estimate as price drop hits investment U.K. Oil Producers Say New Investment Vital Even as Costs Fall Oil industry "cannot expect viable future" if no action on new exploration |
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