So-so future for British North Sea London (UPI) Jan 17, 2017 - Oil and natural gas activity off the British coast should wax and wane in the short-term after one of the industry's worst years, Wood Mackenzie finds. Lower crude oil prices and an uncertain economic future in the wake of last year's vote to leave the European Union put the British offshore oil and gas industry in "full survival mode," according to a report from Wood Mackenzie. ... more
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