Industry cheers changes to UK North Sea taxation

Announcement of new system to make it easier for operators to sell older oil and gas assets is welcomed

Central role: British Chancellor of the Exchequer Philip Hammond outside 11 Downing Street in London this week on his way to present the UK Autumn Budget.
Central role: British Chancellor of the Exchequer Philip Hammond outside 11 Downing Street in London this week on his way to present the UK Autumn Budget.
Published 24 November 2017, 00:00Updated 22 November 2017, 19:48