But again, theirs is not the same as ours as it allows and encourages exploration and development through tax concessions. The proof is in the pudding. Norway drilled 49 new exploration wells last ye… (View Post)

Nope the Norway tax regime is very different. Whilst the headline rate is similar, the costs that can be deferred against that tax are huge compared to the UK. So around 90% of an exploration wells c… (View Post)

To be fair, although, as he knows, I actually disagree with him, Bart has always been consistent in his claim that International Law is a myth. (View Post)

Rather unfair comparison. In the case of Carter, they were trying to rescue hostages by actually inserting forces into Iran. In the case of Trump they are just trying to kill Iranians (selected Irani… (View Post)

They said they would allow near field exploration in specific circumstances. But nothing has actually come of it yet and in the meantime companies are simply shutting up shop, fulfilling their obliga… (View Post)