CITY A.M. | UK oil and gas companies facing "triple whammy" threat CITY A.M. Oil and gas producers are facing an "economic triple whammy" as plummeting oil prices squeeze revenues, forcing through cost cuts, which in turn could lead to industry-wide under investment. The industry would've been better placed to weather the oil ... North Sea oil industry is 'facing triple whammy' Oil firms 'need fresh strategies' says PwC report Experts: North Sea firms must keep calm following plunge in oil price |