In the News
Maersk Oil's Culzean Gas Field Given Go-Ahead
31st August 2015
I put this here because it represents an addition to the UK's supply-side capacity but the fact of the matter is that with world oil prices being so low at the moment, I wonder whether production in the Culzean field is going to prove profitable or not. One would assume that Maersk are confident that it is but, at the margin, it might put further downwards pressure on gas prices and that surely isn't a good thing. Read the article here: http://www.bbc.co.uk/news/uk-scotland-scotland-bus...
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