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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.
Profitability and taxation in the UKCS oil and gas industry---analysing the distribution of rewards between company and country. I. Rutledge and P. Wright. Energy Policy, August 1998, 26(10), 795--812.
(This study was undertaken prior to the late 1998 price collapse of Brent crude). Taken against the background of record levels of UK hydrocarbon production and a government review of the UKCS tax regime, evidence is considered that the government's share of UKCS profits is very low by historical and international standards. It is demonstrated that the current tax regime is extremely weak.
Abstract details
Journal title: Energy policy
Subjects: Professional services, Policy and Governance, Economics, business and commerce, Retail and marketing, Distribution, Industry and Manufacturing, Transportation, Transmission and Distribution, Oil and gas, Oil, Taxation, Energy policy
