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The UK government has proposed a new tax regime for shale operators which Chancellor George Osborne has said is “the most generous in the world”.
UK gas prices could fall by 28% by 2030 if shale production in the UK and continental Europe is significant over the coming decades, according to a report prepared for the UK’s DECC by Navigant Consulting.
The attacks on tankers and vessels transiting off the coast of Somalia have reduced considerably over the past few years, according to EU officials, with only three attacks reported so far this year.
Shell’s new Chief Executive Ben van Beurden faces a tough task when he takes over from Peter Voser. Interfax considers what’s likely to be waiting in his in-tray
