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Tax Regime

Tax grab casts doubt on Shell’s North Sea field plan

By Ross Davidson and Elaine Maslin

Published: 30/07/2011

THE UK Government’s £10billion tax raid on North Sea operators has cast doubt on the future of another significant discovery.

Oil and gas giant Royal Dutch Shell said yesterday it would not develop the Fram field, which holds hundreds of millions of barrels of oil, until it had assessed the full extent of the tax impact.

The firm said it had submitted a field-development plan to the Department of Energy and Climate Change, but the tax rise had made even that decision more difficult. read more

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Darling under pressure to ease jitters over tax

2003: * Shell Opts for a parent company with Dutch HQ and tax residency

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.