North Sea oil industry 'close to collapse':

Discussion in 'World Events' started by katsung47, Jan 5, 2015.

  1. katsung47

    katsung47 Well-Known Member

    North Sea oil industry 'close to collapse': Experts' warning that oil price plunge is not all good news for UK economy


    Oil tycoon and government adviser Sir Ian Wood says 10% of jobs could go


    Premier Oil boss Robin Allan says at current oil prices it is 'almost impossible to make money'


    Brent crude has nearly halved in price on world markets since June

    ByLaura Chesters For The Daily Mail
    http://www.thisismoney.co.uk/money/news/article-2879094/UK-s-North-Sea-oil-industry-close-collapse-warn-experts-oil-price-drops-wider-economy-benefits.html
     

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