Friday, 5 July 2013

UK must act to save $500 bln of oil, North Sea firms say

* Pending platform closures will leave oil in ground* Some 4.88 bln barrels at risk of stranding* Small offtake agreements not a priority for oil majorsBy Claire MilhenchLONDON, July 5 (Reuters) – Britain must get tough with major oil firms that prevent smaller producers from getting...UK must act to save $500 bln of oil, North Sea firms say

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