Info!
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.

Gordon Brown landed North Sea oil in choppy water

The Government's management of the North Sea tax regime, following the change, designed to encourage companies to spend more on finding new fields, to charging oil companies a supplement to corporation tax for their North Sea profits, but allowing them to offset investment. However, in 2005, this supplementary tax rate was raised and is considered to have lowered production in recent years.
Please login to save this item