Thursday 18 December 2014

BBC News - North Sea oil industry 'close to collapse'

BBC News - North Sea oil industry 'close to collapse':



"The UK's oil industry is in "crisis" as prices drop, a senior industry leader has told the BBC.



Oil companies and service providers are cutting staff and investment to save money. 




Robin Allan, chairman of the independent explorers' association Brindex, told the BBC that the industry was "close to collapse"."



'via Blog this'

No comments:

Post a Comment