Hosted on MSN8mon
US oil giant quits North Sea as Hunt refuses to scrap tax
The US oil giant Chevron has announced it will quit the North Sea after 55 years, the day after Jeremy Hunt turned down industry pleas for support at a private meeting. Chevron said that it had ...
The Daily Telegraph1mon
French energy giant shuts down vital North Sea oil hub
A French energy giant has shut down a key North Sea hub amid growing concerns over the Government’s windfall tax. Total Energies halted production at the Gryphon terminal, which is responsible ...