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BBC NEWS | Business | Oil firms hit by tax adjustment

news.bbc.co.uk
Offshore oil and gas operators face increased costs after the chancellor announces plans to accelerate £1bn in corporation tax payments.

U.K. to take oil hit before North Sea recovery - The Globe and...

www.theglobeandmail.com
Oil and gas production forecast to fall 3 to 6 per cent in 2013; Industry body survey says output down 14 per cent in 2012, but production is seen rising in...

UK economy to take oil hit before North Sea recovery | Reuters

www.reuters.com
Britain's stagnating economy will take another hit from waning UK North Sea oil production this year before a mini-recovery takes hold in 2014, removing a...

Guardian: Booming oil sector told to pay up earlier | Business | The Guardian

Oil companies were hit by a £1.1bn tax surprise yesterday as Gordon Brown funded some of his immediate spending plans by the early clawback of revenues...
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