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26th July 2012 #1
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Oil & Gas UK 'Greatly Encouraged' by Tax Relief
Quite interesting after the decommissioning of the Shell Lima gas platform, off the coast of Norfolk, recently.....
"UK energy industry association Oil & Gas UK is "greatly encouraged" by UK Chancellor of the Exchequer George Osbourne's announcement Wednesday for tax relief to support investment in new large shallow-water gas fields in the UK North Sea, the group said in a statement on Wednesday.
http://www.rigzone.com/news/oil_gas/..._by_Tax_Relief
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26th July 2012 #2
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Think we'll see an increase in fragging as well, apparently a large block has been sold down in east kent already. The states wil go for fragging in a big way, rumours are they have a bigger reserve than the middle east and could soon become self sufficient. Wonder how that would affect their wars for bringing "democracy" to the middle east?
It's been emontional
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26th July 2012 #3
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27th July 2012 #4
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Looks like Centrica are going to develop a gas field up off the coast of Humberside and Hartlepool in just 76ft of water.
http://www.bbc.co.uk/news/uk-scotlan...iness-18989317
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27th July 2012 #5
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I has to make more sense being as self-sufficient as possible.
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27th July 2012 #6
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I believe this is so much better than 'importing' from Russia
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27th July 2012 #7
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Indeed...where they have us over a barrel, if you'll pardon the pun.
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27th July 2012 #8
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27th July 2012 #9
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27th July 2012 #10
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27th July 2012 #11
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A barrel of laughs?
A barrel of beer?
A barrel of monkeys...
But not a barrel of gas
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27th July 2012 #12
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Depends on the Lager.
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27th July 2012 #13
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- Jul 2011
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