UK government proposes tax incentives for shale gas E&P

04/01/2013
The UK government continues working toward offering tax breaks to encourage shale gas exploration and production, and the proposed measures could make onshore shale exploration more attractive to oil and gas companies already operating offshore UK, a Deloitte spokesman said. UK Chancellor George Osborne discussed the incentives in his annual budget speech to Parliament on Mar. 20. "Shale gas is part of the future, and we want to make it happen," Osborne said. Last year, Osborne announced a push for gas development in his Autumn Statement. The UK government lifted a temporary moratorium on hydraulic fracturing in December (OGJ Online, Dec. 13, 2012). The fracturing mortarium was ...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected