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Finance News – North Sea Oil

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City A.M. • Jul 29, 2025

Donald Trump slams North Sea oil taxes that ‘make no sense’ 

High taxation on North Sea oil impacts the revenue potential from the region’s substantial energy reserves, influencing both government income and the broader economic landscape.

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The Guardian – Business • Jul 29, 2025

Donald Trump tells UK to cut taxes on North Sea oil ‘treasure chest’ – business live

Reducing tax burdens on North Sea oil production could potentially boost investment and enhance the UK's energy sector profitability while leading to lower prices for consumers.

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Financial Times • Jul 29, 2025

Trump says UK taxes on North Sea oil ‘make no sense’

The UK's taxation policies on North Sea oil have raised concerns about their potential impact on investment decisions and the overall profitability of energy companies operating in...

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The Guardian – Business • Jun 18, 2025

The first North Sea oil is pumped ashore in Britain – archive, June 1975

The commencement of oil extraction in the North Sea marked a pivotal moment that contributed significantly to Britain's economy by enhancing energy independence and generating subs...

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The Guardian – Business • May 23, 2025

Reform UK promises to reverse ban on new North Sea oil drilling if elected

If elected, Reform UK plans to invest public funds in new North Sea hydrocarbon projects, aiming to boost employment and reduce reliance on external energy sources.

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