UK offers tax boost as 26th bidding round opens

The British government announced a package of tax incentives worth up to £12 billion aimed at unlocking oil and gas reserves in the Atlantic frontier west of Shetland—an area estimated to contain 20% of the country’s remaining unexploited oil and gas reserves.

Send this story to:

Enter the email address of the recipient.
Separate multiple addresses with commas.

Add your own personal message:

Enter your email address:

Note: Your email address is used only to let the recipient know who sent the story, and in case of transmission error. Both your address and the recipient's address will not be used for any other purpose.