Tax relief filters through to buoy up oil and gas industry
Confidence is returning to North Sea oil and gas investors as the UK Government introduces more tax breaks for the industry, according to a new report.
Confidence is returning to North Sea oil and gas investors as the UK Government introduces more tax breaks for the industry, according to a new report.
Making their second trip to OTC are two directors from Scottish financial-planning business Carbon Financial Partners.
Shares in North Sea oil and gas firm Ithaca Energy surged more than 27% today after it said it had received a takeover proposal from an unnamed firm.
Shares in North Sea oil and gas firm Ithaca Energy surged more than 27% today after it said it had received a takeover proposal from an unnamed firm.
NORTH-EAST oil and gas boss Tom Cross, chief executive of Parkmead Group, said last night he was actively working on two new deals in the North Sea.
Parkmead Group, the Aberdeen-based specialist oil and gas investment and advisory firm, announced a change at the top yesterday.
The energy sector is likely to continue to experience challenging conditions in 2011, despite signs that the global economic downturn is beginning to ease.
There has been a surge in drilling for oil and gas in UK waters over the summer, according to new figures released yesterday.